Annual report 2010 - Hapimag

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 2010 OF THE HAPIMAG GrouP
3 // Non-CuRRent ReceivaBles
in euR 1000 2010 2009
Non-current receivables from suppliers (deposits) 333 265
Restricted cash 48 41
Other non-current receivables 100 108
Net pension fund (see Note 16) 323 0
Total 804 414
– of which falling due in 2011 0 141
– of which falling due in 2012 62 0
– of which maturity unspecified 742 273
– of which denominated in euR 352 293
– of which denominated in chf 408 91
– of which denominated in other currencies 44 30
– of which qualifying as financial instruments (see Note 38) 424 292
There are no known concentrations of risk. There are not expected to be any significant impairment losses on recievables.
4 // Assets classified as held for sale
On 14 April 2010 the resort in Sörenberg (ch) was sold and the asset value adjusted.
5 // inventoRies
Raw materials, supplies and goods 612 578
Finished products and goods 1 049 916
Total 1 661 1 494
6 // TRADE ReceivaBles, non-cuRRent anD cuRRent
TRADE ReceivaBles, non-cuRRent
Non-current receivables under instalment credit agreements with members (from sales of right of residence products) are due as follows:
2011 0 5 919
2012 5 090 2 817
2013 1 573 1 032
2014 123 12
after 6 0
Total non-current 6 792 9 780
The instalment credit agreements are for terms of 12, 24, 36 or 48 months. Instalment credit agreements are interest-bearing. The interest rate depends
on the type of right-of-residence products purchased:
Shares 3.9 – 9.9% 4.9–9.9%
Residence products 3.9 – 5.9% 5.9%
20 Hapimag Annual Report 2010