5 _405 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 5 FINANCIAL PERFORMANCE 2023 consolidated financial statements 18.2 Current taxes Current taxes in the consolidated statement of financial position are as follows: (in € millions) 2023 2022 Taxes receivable (note 22) 347 304 Taxes payable (note 30) (195) (238) Net total at January 1 152 66 Current tax expense (note 11) (849) (625) Income tax paid 776 697 Changes in scope of consolidation 3 1 Translation adjustments and other 20 13 Total changes (50) 86 Taxes receivable (note 22) 295 347 Taxes payable (note 30) (193) (195) NET TOTAL AT DECEMBER 31 102 152 Note 19. INVENTORIES Inventories include the following: (in € millions) December 31, 2023 December 31, 2022 Raw materials and work in progress 1,594 2,026 Supplies 567 553 Finished products 3,434 3,884 Total gross inventory 5,595 6,463 Impairment of raw materials and work in progress (22) (18) Impairment of supplies (28) (31) Impairment of finished products (97) (96) Impairment (148) (145) NET INVENTORIES 5,447 6,318 Changes in impairment losses on inventory are as follows: (in € millions) 2023 2022 At January 1 (145) (120) Translation adjustments and other 5 (1) Changes in scope of consolidation 11 - Impairment of trade receivables recognized as an expense in the period (69) (63) Impairment reversals 50 39 AT DECEMBER 31 (148) (145)
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