Audi 2007 Annual Report Download - page 203

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Current other receivables and other financial assets
EUR million Dec. 31, 2007 Dec. 31, 2006
Other receivables from affiliated companies 994 481
of which from derivative currency hedging instruments
(cash flow hedges) 672 310
of which from commodity futures 7 6
Other receivables from associated companies – 5
Other tax assets 68 55
Other assets 303 230
Total 1,365 771
All current other receivables and financial assets are due within one year of the balance
sheet date. The carrying amounts correspond to their fair values.
The other assets include EUR 33 (22) million in refund entitlements from the German
Federal Employment Agency for the implementation of partial early retirement plans.
20 Inventories
EUR million Dec. 31, 2007 Dec. 31, 2006
Raw materials and supplies 372 373
Work in progress 287 316
Finished goods and merchandise 2,002 1,420
Total 2,661 2,109
Inventories amounting to EUR 28,450 (27,442) million were recorded as cost of sales at the
same time that revenue from them was realized.
The write-down resulting from the measurement of inventories on the basis of sales
markets amounted to EUR 30 (44) million.
No reversal of write-downs was performed in the fiscal year.
Of the finished goods inventory, a portion of the company car fleet valued at EUR 98 (77)
million has been pledged as collateral for commitments toward employees under the partial
early retirement block model. The other reported inventories are not subject to any signifi-
cant restrictions on ownership or disposal.