10 » Other Current Assets

Other current assets consist of the following:

Other current assets € in millions

 

 

Dec. 31, 2019

 

Dec. 31, 2018

Prepaid expenses

 

290

 

242

Return assets

 

305

 

258

Tax receivables other than income taxes

 

343

 

124

Contract assets

 

17

 

10

Sundry

 

125

 

97

Other current assets, gross

 

1,080

 

731

Less: accumulated allowances

 

(5)

 

(6)

Other current assets, net

 

1,076

 

725

Prepaid expenses mainly relate to promotion and service contracts. The increase in the line item ‘Tax receivables other than income taxes’ relates mainly to value-added tax.