Other financial assets of €132,828 thousand (31 December 2010: €124,264 thousand) comprise the following:
|
Other financial assets | ||
|
€ thousand |
2011 |
2010 |
|
|
|
|
|
Pension assets |
19,958 |
10,263 |
|
Investments in affiliated companies |
1,956 |
2,224 |
|
Other investments |
2,253 |
2,253 |
|
Loans receivable |
795 |
1,907 |
|
Non-current securities |
770 |
827 |
|
Other non-current financial assets |
25,732 |
17,474 |
|
|
|
|
|
Derivative financial instruments |
23,277 |
23,706 |
|
Financial receivables from affiliated companies and related companies |
4,277 |
7,459 |
|
Financial receivables from third parties |
1,074 |
658 |
|
Deferred charges and prepaid expenses |
14,030 |
16,647 |
|
Sundry financial assets |
64,438 |
58,320 |
|
Other current financial assets |
107,096 |
106,790 |
|
|
|
|
|
Total other financial assets |
132,828 |
124,264 |
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.
The sundry financial assets essentially include receivables from value added tax amounting to €21,782 thousand (2001: €20,864 thousand).
Other financial assets include non-derivative financial receivables amounting to €36,237 thousand (31 December 2010: €35,416 thousand) that fall within the scope of IFRS 7.
