|
|
|
| C. NOTES TO THE CONSOLIDATED BALANCE SHEET |
19. Other Assets
 |
|
|
|
|
|
|
|
2003 |
|
2002 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
€(000) |
|
€(000) |
|
|
|
|
|
|
|
|
|
|
Fair value of derivatives |
|
256,758 |
|
40,561 |
|
|
|
|
|
|
|
|
|
|
Investments in insurance policies held for employee- financed pension plans, semiretirement and time accounts |
|
94,407 |
|
60,664 |
|
|
|
|
|
|
|
|
|
|
Income tax receivables |
|
32,060 |
|
64,197 |
|
|
|
|
|
|
|
|
|
|
Prepaid pensions |
|
27,221 |
|
3,526 |
|
|
|
|
Rent deposits |
|
23,130 |
|
25,687 |
|
|
|
|
|
|
|
|
|
|
Others |
|
72,315 |
|
74,197 |
|
|
|
 |
|
|
|
|
|
|
Total other assets |
|
505,891 |
|
268,832 |
|
|
|
|
|
|
|
|
|
|
– thereof with a remaining term greater than 1 year |
|
166,634 |
|
108,327 |
|
|
|
|
|
|
|
|
|
Included in Others are interest receivable and short-term loans. Detailed information about SAP’s derivative financial instruments are presented in Note 33. The increase in prepaid pension assets is mainly related to additional cash contributions to benefit pension plans in the United States. The increase in investments in insurance policies mainly reflects the increase in pension liabilities for employee-financed pension plans as presented in Note 25. The corresponding liability for investments in insurance policies for semiretirement and time accounts is included in Other reserves and accrued liabilities (see Note 26). |
|
