Annual Report 2022

de

Topics Filter

Results

09 » Other Current Assets

Other current assets consist of the following:

Other current assets € in millions

 

 

Dec. 31, 2022

 

Dec. 31, 2021

Prepaid expenses

 

250

 

270

Return assets

 

338

 

294

Tax receivables other than income taxes

 

632

 

430

Contract assets

 

15

 

15

Sundry

 

90

 

58

Other current assets, gross

 

1,323

 

1,066

Less: accumulated allowances

 

(8)

 

(4)

Other current assets, net

 

1,316

 

1,062

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.