[21] Other financial assets

Other financial assets of €124,264 thousand (31 December 2009: €109,546 thousand) comprise the following:

Other financial assets

 

 

(€ thousand)

2010

2,009

 

 

 

Pension assets

10,263

11,848

Investments in affiliated companies

2,224

1,831

Other investments

2,253

2,253

Loans receivable

1,907

1,934

Non-current securities

827

827

Other non-current financial assets

17,474

18,693

 

 

 

Derivative financial instruments

23,706

22,309

Financial receivables from affiliated companies and related companies

7,459

5,833

Financial receivables from third parties

658

1,098

Receivables from employees

2,068

1,660

Deferred charges and prepaid expenses

16,647

12,674

Sundry financial assets

56,252

47,279

Other current financial assets

106,790

90,853

 

 

 

Total other financial assets

124,264

109,546

Pension assets relate to asset surpluses from defined benefit plans. As at the reporting date, the present values of defined benefit obligations are netted against the fair value of plan assets. If the plan assets exceed the obligation, this results in an asset (negative net liability).

Sundry financial assets includes non-derivative financial receivables amounting to €35,416 thousand (31 December 2009: €40,441 thousand) which fall within the scope of IFRS 7.

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