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Kabel Deutschland GmbH
Notes to the consolidated financial statements
The total amount of inventories recognized as an expense amounts to T€ 13,278,
T€ 8,808 and T€ 20,580 for the years ended March 31, 2010, March 31, 2009 and March 31,
2008, respectively. Inventories in an amount of T€ 5,234, T€ 6,683 and T€ 7,238 were pledged
in accordance with the Senior Credit Facility Agreement (see Section 3.11 Financial Liabilities)
at March 31, 2010, March 31, 2009 and March 31, 2008, respectively.
31
3.4 Receivables from Tax Authorities
Receivables from tax authorities relate to corporate income tax, trade income tax and
solidarity tax contributions and amounted to T€ 1,395, T€ 5,200 and T€ 6,881 as of
March 31, 2010, March 31, 2009 and March 31, 2008, respectively.
3.5 Other Current Financial Assets and Current and Non-Current Prepaid Expenses
Other current financial assets
March 31, March 31, March 31,
2010 2009 2008
T€ T€ T€
Receivables from purchase price reimbursement 0 11,093 0
Receivables from counterparties currency hedges 0 9,799 0
Payments in advance for commission fees 2,250 2,585 315
Deposits 2,107 2,406 2,422
Creditors with debit balances 1,120 1,645 1,653
Miscellaneous other receivables 4,035 8,933 2,882
Other current financial assets 9,512 36,461 7,272
Current prepaid expenses
Network leases 7,850 5,795 6,489
Transaction Cost Tranche B Senior Credit Facility 1,116 1,116 767
Insurance 140 839 1,780
Software Support 695 216 267
Other 4,980 5,120 10,600
Current prepaid expenses 14,781 13,086 19,903
Non-current prepaid expenses
Network leases 14,611 14,707 0
Transaction Cost Tranche B Senior Credit Facility 1,116 2,484 3,679
Transaction Cost Tranche C Senior Credit Facility* 0 0 6,647
Other 0 0 840
Non-current prepaid expenses 15,727 17,191 11,166
* These transaction cost related to Tranche C of the Senior Credit Facility have been
recognized as non-current prepaid expense as of March 31, 2008 since Tranche C was not
drawn until May 2008.
Miscellaneous other receivables for the fiscal year ended March 31, 2010 are
comprised of several other minor amounts. Receivables from purchase price reimbursements
were connected to the Orion Acquisition and have been paid during the fiscal year ended March