Audi 2008 Annual Report Download - page 216

197
Consolidated Financial
Statements
170 Income Statement
171 Balance Sheet
172 Cash Flow Statement
173 Statement of Changes in Equity
Notes to the Consolidated
Financial Statements
174 Development of
fixed assets 2008
176 Development of
fixed assets 2007
178 General information
183 Recognition and
measurement principles
189 Notes to the Income
Statement
196 Notes to the Balance Sheet
200 Equity
203 Liabilities
209 Additional disclosures
227 Events occurring subsequent
to the balance sheet date
228 Statement of Interests
held by the Audi Group
17 Other long-term investments
EUR million Dec. 31, 2008 Dec. 31, 2007
Investments in affiliated companies 64 40
Participating interests 99
Securities 2–
Total 75 49
18 Deferred tax assets
The temporary differences between tax bases and carrying amounts in the Consolidated Finan-
cial Statements are explained under “Deferred tax” in the recognition and measurement princi-
ples, and under Note 10, “Income tax expense.”
Pursuant to IAS 1, deferred tax assets are reported as non-current assets, irrespective of their
maturities.
19 Other receivables and other financial assets
Non-current other receivables and other financial assets
EUR million Dec. 31, 2008 Dec. 31, 2007
Loans advanced to affiliated companies 58 28
Other loans advanced 11
Other receivables from affiliated companies 572 240
of which from positive fair values of derivative financial instruments 555 222
Other tax assets 26
Other assets 23 11
Total 656 286
The loans advanced have a fair value of EUR 59 (28) million. The miscellaneous non-current
assets have a fair value of EUR 590 (260) million.
Derivative financial instruments are measured at market value. The total position in relation to
hedging instruments is presented under Note 34.4, “Methods of monitoring the effectiveness
of hedging relationships.”
The reported receivables and other assets are not subject to any significant restrictions on
ownership or disposal.
Current other receivables and other financial assets
EUR million Dec. 31, 2008 Dec. 31, 2007
Other receivables from affiliated companies 4,975 994
of which from positive fair values of derivative financial instruments 569 679
of which fixed-term deposits and loans extended 4,285 284
Other receivables from associated companies 6–
Other tax assets 75 68
Positive fair values of derivative financial instruments 10 –
Other assets 252 303
Total 5,318 1,365