BMW 2009 Annual Report Download - page 107

105 Group Financial Statements
31 December 2009 Maturity Maturity Total
in euro million within one year
later than one year
Deferred tax – 1,266 1,266
Current tax 452 498 950
Income tax assets 452 1,764 2,216
31 December 2008 Maturity Maturity Total
in euro million within one year
later than one year
Deferred tax – 866 866
Current tax 498 104 602
Income tax assets 498 970 1,468
in euro million 31. 12. 2009 31. 12. 2008
Other taxes 445 373
Receivables from subsidiaries 485 425
Receivables from other companies in which an investment is held 171 103
Prepayments 898 848
Collateral receivables 507 291
Sundry other assets 618 462
Other assets 3,124 2,502
thereof non-current 640 660
thereof current 2,484 1,842
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Income tax assets
Income tax assets can be analysed as follows:
Other assets
Other assets comprise:
Receivables from subsidiaries include trade receivables
of euro 70 million (2008: euro 139 million) and financial
receivables of euro 415 million (2008: euro 286 million).
They include euro 145 million (2008: euro 43 million) with
a remaining term of more than one year.
Receivables from other companies in which an investment
is held are all due within one year.
Prepayments of euro 898 million (2008: euro 848 million)
relate mainly to prepaid interest, development costs not
eligible for capitalisation as non-current assets, insurance
premiums and rent. Prepayments of euro 568 million (2008:
euro 483 million) have a maturity of less than one year.
Collateral receivables comprise mainly customary collateral
arising on the sale of receivables.
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