Audi 2006 Annual Report Download - page 193

1 9 1
2 7 Deferred tax liabilities
The temporary differences between tax bases and carrying amounts in the consolidated
balance sheet are explained in the recognition and measurement principles under the item
“Deferred tax”. Pursuant to IAS 1 (revised 2005), deferred tax liabilities are reported as non-
current liabilities irrespective of their maturities.
2 8 Other liabilities
The derivative currency hedging instruments reported under other liabilities are measured
at market values. The overall item of currency hedging instruments is shown under other
particulars (item 1.1).
Non-current other liabilities
EUR million Dec. 31, 2006 Dec. 31, 2005 Dec. 31, 2006 Dec. 31, 2005
Carrying amounts Fair values
Liabilities to affiliated companies 131 42 114 38
of which from derivative currency hedging instruments
(cash flow hedges) 17 30 17 30
of which from commodity futures 6 – 6 –
Other liabilities 70 39 70 39
of which in respect of social insurance 20 3 20 3
201 81 184 77
Other liabilities with a time to maturity of more than five years amount to EUR 148 (56) mil-
lion.
Current other liabilities
EUR million Dec. 31, 2006 Dec. 31, 2005
Liabilities to affiliated companies 1,112 854
of which from derivative currency hedging instruments
(cash flow hedges) 38 149
of which from commodity futures 4 –
Liabilities to associates 16 –
Advances received for orders from customers 170 63
Other liabilities 811 698
of which taxes 106 120
of which in respect of social insurance 94 117
2,109 1,615