DHL 2006 Annual Report Download - page 134

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31 Tax receivables
Current tax receivables amounting to  million (previous year: 
million) are composed of the following items:
Tax receivables
€m 2005 2006
Income tax receivables 278 281
Value-added tax receivables 203 262
Customs and duties receivables 30 36
Other tax receivables 65 91
576 670
32 Receivables and other assets
Receivables and other assets
€m 2005 2006
Trade receivables 6,150 6,395
Prepaid expenses 788 990
Deferred revenue 220 403
Receivables from Group companies 41 80
Current derivatives 64 57
Receivables from employees 26 52
Creditors with debit balances 74 51
Income from cost absorption 48 47
Receivables from cash-on-delivery 57 28
Rent receivable 51 16
Land rights 0 15
Receivables from residential housing
construction pools 14 14
Receivables from insurance business 9 13
Receivables from loss compensation
(recourse claims) 11 10
Receivables from sales of assets 5 5
Receivables from BAnstPT (Federal Posts and
Telecommunications Agency) 6 4
Receivables from private postal agencies 0 2
Receivables from Bundes-Pensions-Service e.V. 6 0
Miscellaneous other assets 629 735
8,1991) 8,917
1) Prior-period amount restated, see Note 5.
Miscellaneous other assets include a number of individual items.
Further information on derivatives can be found in Note ..
33 Receivables and other securities from financial services
Receivables and other securities from financial services
€m 2005 2006
Loans and advances to other banks
Loans and advances to other banks
(loans and receivables)
of which fair value hedges: 2,136
(previous year: 2,720) 16,378 14,233
Money market assets 1,423 2,117
17,801 16,350
Loans and advances to customers
of which secured by mortgage charges:
45,565 (previous year: 19,088)
Loans and advances to customers
(loans and receivables)
of which fair value hedges: 1,502
(previous year: 4,115) 52,209 80,425
Loans and advances to customers
(held to maturity) 573 518
Loans and advances to customers
(fair value option) 0 6,181
52,782 87,124
Allowance for losses on loans and advances
Loans and advances to other banks 0 0
Loans and advances to customers –776 –1,155
–776 –1,155
Trading assets
Bonds and other fixed-income securities 7,284 9,755
Held-for-trading building loans held for sale – 208
Equities and other non-fixed-income securities 10 28
Positive fair value of trading derivatives 2,617 2,942
Positive fair value of banking book derivatives 475 276
Positive fair value of derivatives in connection
with underlyings relating to the fair value option 0 71
10,386 13,280
Hedging derivatives (positive fair values)
Assets 72 300
Liabilities 567 185
639 485
Investment securities
Bonds and other fixed-income securities
Loans and receivables
of which fair value hedges: 5,369
(previous year: 2,143) 12,599 19,031
Held to maturity 3,375 4,956
Available for sale
of which fair value hedges: 15,770
(previous year: 16,681) 33,687 33,379
49,661 57,366
Equities and other non-fixed-income securities
Available for sale 5,720 5,830
55,381 63,196
136,213 179,280
130
Deutsche Post World Net Annual Report 2006