Moody's adjusted leverage typically considers debt excluding certain items and operates with EBITDA; from the data, 2022 shows increase in liabilities but also strong earnings. Profit before tax 22,049,000,000 and net income 13,961,000,000; cash flows from operations 17,460,000,000. Long-term borrowings decreased from 23,714,000,000 in 2022 to 19,374,000,000 in 2023, while equity increases. However 2022 vs 2021: total liabilities rose modestly; equity up. Overall leverage appears stable-to-improving due to strong earnings and cash flows supporting debt reduction in 2022-2023; Moody's adjusted leverage trend for 2022 should be Improving. 
<answer>Improving</answer>