Other receivables consisted of the following:
| Other receivables | ||||
|---|---|---|---|---|
| Dec. 31, 2024 | Dec. 31, 2025 | |||
| Total | Of which current |
Total | Of which current |
|
| € million | € million | € million | € million | |
| Other tax receivables | 221 | 214 | 193 | 160 |
| Prepaid expenses | 99 | 95 | 90 | 88 |
| Net defined benefit asset | 72 | – | 168 | – |
| Contract assets | 45 | 45 | 38 | 38 |
| Reimbursement claims | 1 | 1 | 41 | 41 |
| Receivables from employees | 1 | 1 | 1 | 1 |
| Miscellaneous receivables | 203 | 161 | 161 | 128 |
| Total | 642 | 517 | 692 | 456 |
See note 6 “Sales“ for further information on contract assets.
In fiscal 2025, Covestro was entitled to receive government grants of €78 million (previous year: €115 million) on the basis of the guideline entitled “Subsidies for indirect CO2 costs” published by the German Federal Ministry for Economic Affairs and Climate Action on March 26, 2024 and is subject to specific measures to improve energy efficiency being carried out in accordance with section 4.2.1b of this guideline (previous year: version of the guideline of September 1, 2022, section 4.2.1a). Covestro expects to be able to meet these requirements, as in the previous years. There were receivables of €78 million at the reporting date (previous year: €115 million) related to these grants, which are reported as miscellaneous receivables.