Registration Document 2005 - Total.com

14. Other non-current assets
Appendix 1 – Consolidated financial statements
Notes to the consolidated financial statements 9
As of December 31, (in millions of euros) 2005 2004
Gross Value Valuation allowance Net Net
Deferred income tax assets 1,392 - 1,392 1,233
Loans and advances (1) 1,786 (584) 1,202 912
Others 200 - 200 206
Total (2) 3,378 (584) 2,794 2,351
(1) Excluding loans to affiliates.
(2) As of December 31, 2004, the aggregate cost and valuation allowances of other non-current assets amounted to 2,958 million euros and 607 million euros, respectively.
15. Inventories
As of December 31, (in millions of euros) 2005 2004
Gross Value Valuation allowance Net Net
Crude oil and natural gas 3,619 - 3,619 2,514
Refined products 5,584 (14) 5,570 3,738
Chemical products 2, 803 (175) 2,628 2,385
Other inventories 1,097 (224) 873 627
Total (1) 13,103 (413) 12,690 9,264
(1) As of December 31, 2004, the aggregate gross value and valuation allowances of inventories amounted to 9,658 million euros and 394 million euros, respectively.
16. Accounts receivable
As of December 31, (in millions of euros) 2005 2004
Gross Value Valuation Allowance Net Value Net
Accounts receivable (1) 20,174 (562) 19,612 14,025
Other receivables 1,534 - 1,534 1,350
Recoverable taxes 2,119 - 2,119 1,892
Deferred income tax 126 - 126 177
Prepaid expenses 799 - 799 475
Other current assets 2,284 (63) 2,221 1,420
Other current assets (1) 6,862 (63) 6,799 5,314
(1) As of December 31, 2004, the aggregate cost and valuation allowances of accounts receivable and prepaid expenses and other current assets amounted to 19,684 million euros
and 525 million euros, respectively.
TOTAL - Registration Document 2005
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