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CURRENT RECEIVABLES AND OTHER CURRENT ASSETS (Tables)
 12 Months Ended
Dec. 31, 2023
Subclassifications of assets, liabilities and equities [abstract]  
Disclosure of current receivables, other current assets and deposits in FCA Group cash management pools
Current receivables and other current assets are as follows:
At December 31,
20232022
(€ thousand)
Trade receivables261,380 232,414 
Receivables from financing activities1,451,158 1,399,997 
Current tax receivables11,616 16,054 
Other current assets130,228 153,183 
Total1,854,382 1,801,648 
Disclosure of trade receivables by nature
The following table sets forth a breakdown of trade receivables by nature:
At December 31,
20232022
(€ thousand)
Trade receivables due from:
Dealers122,177 85,696 
Sponsorship and commercial activities32,357 42,981 
Brand activities30,587 24,213 
Stellantis Group companies20,398 19,184 
Other55,861 60,340 
Total261,380 232,414 
Disclosure of trade receivables by currency
The following table sets forth a breakdown of trade receivables by currency:
At December 31,
20232022
(€ thousand)
Trade receivables denominated in:
Euro118,104 95,894 
U.S. Dollar118,233 108,369 
Pound Sterling6,096 8,178 
Chinese Yuan5,099 3,203 
Japanese Yen7,230 6,832 
Other currencies6,618 9,938 
Total261,380 232,414 
Disclosure of changes in allowance for doubtful accounts
Changes in the allowance for doubtful accounts of trade receivables during the year were as follows:
20232022
(€ thousand)
At January 125,800 25,984 
Additional provisions2,767 3,844 
Utilizations(1,845)(1,579)
Releases(1,280)(2,522)
Other changes(24)73 
At December 3125,418 25,800 
Disclosure of receivables from financing activities
Receivables from financing activities are as follows:
At December 31,
20232022
(€ thousand)
Client financing1,451,158 1,390,956 
Dealer financing— 9,041 
Total receivables from financing activities1,451,158 1,399,997 
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:
20232022
(€ thousand)
At January 19,950 11,204 
Additional provisions6,423 3,064 
Utilizations(3,509)(2,587)
Releases(1,327)(2,470)
Other changes(372)739 
At December 3111,165 9,950 
Disclosure of other current assets
Other current assets are detailed as follows:
At December 31,
20232022
(€ thousand)
Italian and foreign VAT credits65,529 79,858 
Prepayments53,846 42,908 
Other10,853 30,417 
Total other current assets130,228 153,183 
Disclosure of current receivables and other current assets by due date
The analysis of receivables and other current assets (excluding prepayments) by due date is as follows:

At December 31, 2023
Due within one yearDue between one and five yearsDue beyond five yearsOverdueTotal
(€ thousand)
Trade receivables225,445 — — 35,935 261,380 
Receivables from financing activities (1)
223,841 1,076,552 68,736 82,029 1,451,158 
Current tax receivables11,616 — — — 11,616 
Other current assets (excluding prepayments)76,382 — — — 76,382 
Total537,284 1,076,552 68,736 117,964 1,800,536 

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 activities (1)
208,407 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 
_____________________________
(1)Excluding interest generated on these receivables.