LensCrafters 2013 Annual Report Download - page 200

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Footnotes to the statutory financial statements as of December 31, 2013 Page 33 of 71
14. OTHER ASSETS
Balance at 12/31/201
3
Balance at 12/31/201
2
75,483,278 75,949,318
Description
12/31/201
2
Increases
Decreases 12/31/2013
Advances on Royalties 73,800,597
12,000,000
(16,606,906)
69,193,691
Other 2,148,721
9,866
(36,151)
2,122,436
Long-Term Financial Receivables -
subsidiaries
1,520,177
1,520,177
Long-Term Financial Receivables – third
parties
2,646,974
2,646,974
Total 75,949,318
16,177,017
16,643,057
75,483,278
The decrease in "Advances on royalties" refers to the reclassification from non-current to current assets of the amount
that will be expensed to income in 2014.
The increase in "Advances on royalties" is due to the payment of Euro 12 million during the year in accordance with
the license agreement.
"Other" consists entirely of security deposits
.
"Long-term financial receivables - subsidiaries" represent the loan given to the subsidiary Mirari Japan.