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CURRENT RECEIVABLES AND OTHER CURRENT ASSETS (Tables)
12 Months Ended
Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]  
Disclosure of current receivables, other current assets and deposits in FCA Group cash management pools
At December 31,
20222021
(€ thousand)
Trade receivables232,414 185,000 
Receivables from financing activities1,399,997 1,143,968 
Current tax receivables16,054 14,306 
Other current assets153,183 122,224 
Total1,801,648 1,465,498 
Disclosure of trade receivables by nature
The following table sets forth a breakdown of trade receivables by nature:
At December 31,
20222021
(€ thousand)
Trade receivables due from:
Dealers85,696 58,446 
Sponsorship and commercial activities42,981 29,666 
Brand activities24,213 23,902 
Stellantis Group companies19,184 23,737 
Other60,340 49,249 
Total232,414 185,000 
Disclosure of trade receivables by currency
The following table sets forth a breakdown of trade receivables by currency:
At December 31,
20222021
(€ thousand)
Trade receivables denominated in:
Euro95,894 78,286 
U.S. Dollar108,369 84,590 
Pound Sterling8,178 3,908 
Chinese Yuan3,203 2,478 
Japanese Yen6,832 11,348 
Other currencies9,938 4,390 
Total232,414 185,000 
Disclosure of changes in allowance for doubtful accounts
Changes in the allowance for doubtful accounts of trade receivables during the year were as follows:
20222021
(€ thousand)
At January 1,25,984 28,312 
Additional provisions3,844 2,094 
Utilizations(1,579)(1,835)
Releases(2,522)(2,741)
Other changes73 154 
At December 31,25,800 25,984 
Disclosure of receivables from financing activities
Receivables from financing activities are as follows:
At December 31,
20222021
(€ thousand)
Client financing1,390,956 1,132,979 
Dealer financing9,041 10,989 
Total receivables from financing activities1,399,997 1,143,968 
Disclosure of changes in allowance for doubtful accounts from financing activities Changes in the allowance for doubtful accounts of receivables from financing activities during the year are as follows:
20222021
(€ thousand)
At January 1,11,204 13,195 
Additional provisions3,064 2,737 
Utilizations(2,587)(4,507)
Releases(2,470)(1,270)
Other changes739 1,049 
At December 31,9,950 11,204 
Disclosure of other current assets
Other current assets are detailed as follows:
At December 31,
20222021
(€ thousand)
Italian and foreign VAT credits79,858 61,278 
Prepayments42,908 36,084 
Other30,417 24,862 
Total other current assets153,183 122,224 
Disclosure of current receivables and other current assets by due date
The analysis of receivables and other current assets by due date (excluding prepayments) is as follows:

At December 31, 2022
Due within one yearDue between one and five yearsDue beyond five yearsOverdueTotal
(€ thousand)
Trade receivables186,757 — — 45,657 232,414 
Receivables from financing activities208,407 1,060,819 67,992 62,779 1,399,997 
Client financing207,186 1,052,999 67,992 62,779 1,390,956 
Dealer financing1,221 7,821 — — 9,041 
Current tax receivables16,054 — — — 16,054 
Other current assets (excluding prepayments)110,276 — — — 110,276 
Total521,494 1,060,819 67,992 108,436 1,758,741 
At December 31, 2021
Due within one yearDue between one and five yearsDue beyond five yearsOverdueTotal
(€ thousand)
Trade receivables137,694 70 — 47,237 185,000 
Receivables from financing activities197,207 820,363 73,665 52,733 1,143,968 
Client financing196,018 810,563 73,665 52,733 1,132,979 
Dealer financing1,189 9,800 — — 10,989 
Current tax receivables14,306 — — — 14,306 
Other current assets (excluding prepayments)84,417 998 155 570 86,140 
Total433,624 821,431 73,820 100,540 1,429,414