[21] Other financial assets

Other financial assets of €132,828 thousand (31 December 2010: €124,264 thousand) comprise the following:

Other financial assets

€ thousand

2011

2010

 

 

 

Pension assets

19,958

10,263

Investments in affiliated companies

1,956

2,224

Other investments

2,253

2,253

Loans receivable

795

1,907

Non-current securities

770

827

Other non-current financial assets

25,732

17,474

 

 

 

Derivative financial instruments

23,277

23,706

Financial receivables from affiliated companies and related companies

4,277

7,459

Financial receivables from third parties

1,074

658

Deferred charges and prepaid expenses

14,030

16,647

Sundry financial assets

64,438

58,320

Other current financial assets

107,096

106,790

 

 

 

Total other financial assets

132,828

124,264

Pension assets relate to asset surpluses from defined benefit plans. As at the reporting date, the present values of defined benefit obligations are netted against the fair value of plan assets. If the plan assets exceed the obligation, this results in an asset.

The sundry financial assets essentially include receivables from value added tax amounting to €21,782 thousand (2001: €20,864 thousand).

Other financial assets include non-derivative financial receivables amounting to €36,237 thousand (31 December 2010: €35,416 thousand) that fall within the scope of IFRS 7.

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