Orano - Annual Activity Report 2024 359 STATEMENTS 6 Consolidated financial statements - financial year ended December 31, 2024 NOTE 18 CONTRACT ASSETS AND LIABILITIES (in millions of euros) December 31, 2024 December 31, 2023 Contract assets 108 89 At December 31, 2024, contract assets included 12 million euros due in more than one year. (in millions of euros) December 31, 2024 December 31, 2023 Contract liabilities 5,597 5,691 NOTE 17 TRADE ACCOUNTS RECEIVABLE AND RELATED ACCOUNTS (in millions of euros) December 31, 2024 December 31, 2023 Gross amount 989 774 Impairment (16) (8) NET CARRYING AMOUNT 973 766 BREAKDOWN OF TRADE ACCOUNTS RECEIVABLE AND RELATED ACCOUNTS (in millions of euros) Net amount Not yet due of which due Less than 1 month 1 to 2 months 2 to 3 months 3 to 6 months Between 6 months and 1 year More than 1 year December 31, 2024 973 955 8 3 1 2 1 3 December 31, 2023 766 752 10 1 0 1 1 1 Contract liabilities comprise prepaid income and operating and investment advances and prepayments by customers. They are deducted from the revenue generated under the contracts in question and mainly concern (i) investment financing for the treatment and recycling of used fuels and (ii) to a lesser extent, uranium sales contracts. At December 31, 2024, contract liabilities included 5,001 million euros due in more than one year. NOTE 19 OTHER OPERATING RECEIVABLES (in millions of euros) December 31, 2024 December 31, 2023 French State receivables 268 275 Advances and down payments to suppliers 32 47 Miscellaneous accounts receivable 182 171 Financial instruments 41 119 Other 8 2 OTHER OPERATING RECEIVABLES 529 614 Government receivables mainly include VAT receivables and tax credits. “Miscellaneous accounts receivable” includes prepaid expenses, receivables from suppliers and receivables from employees and benefit management bodies. “Financial instruments” include the fair value of derivatives hedging market transactions and the fair value of the firm commitments hedged. At December 31, 2024, other operating liabilities included 6 million euros due in more than one year.
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