Other financial assets of €156,949 thousand (31 December 2011: €132,828 thousand) are comprised of the following:
Other financial assets |
||
€ thousand |
2012 |
2011 |
|
|
|
Pension assets |
22,759 |
19,958 |
Investments in affiliated companies |
3,919 |
1,956 |
Other investments |
2,253 |
2,253 |
Loans receivable |
730 |
795 |
Non-current securities |
770 |
770 |
Derivative financial instruments |
19,740 |
0 |
Other non-current financial assets |
50,171 |
25,732 |
|
|
|
Derivative financial instruments |
4,202 |
23,277 |
Financial receivables from affiliated companies and related companies |
8,477 |
4,277 |
Financial receivables from third parties |
1,110 |
1,074 |
Deferred charges and prepaid expenses |
20,357 |
14,030 |
Sundry financial assets |
72,632 |
64,438 |
Other current financial assets |
106,778 |
107,096 |
|
|
|
Total other financial assets |
156,949 |
132,828 |
Pension assets relate to asset surpluses from defined benefit plans. 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 non-current derivative financial instruments include the put option for the remaining shares in Linde Hydraulics amounting to €19,740 thousand (2011: €0 thousand).
The sundry financial assets essentially include receivables from value added tax amounting to €37,178 thousand (2011: €21,782 thousand) and non-derivative financial receivables amounting to €35,236 thousand (31 December 2011: €36,237 thousand) that are within the scope of IFRS 7.
