Odfjell SE Annual Report 2012

odfjell group
The table below summarizes total current receivables into different currencies:
(USD 1 000) 2012 2011
USD 96 973 104 683
EUR 27 107 17 485
SGD 3 501 3 907
RMB 3 953 2 068
WON 1 853 1 209
Other 5 773 5 428
Total current receivables 139 159 134 781
Note 30 Other current liabilities
(USD 1 000) 2012 2011
Trade payables 36 644 30 710
Estimated voyage expenses 40 472 33 762
Provisions 1 738 2 609
Interest accrual 6 552 5 797
Ship Management accruals 5 014 4 672
Other current liabilities 28 102 21 854
Held for sale (12 493) –
Total other current liabilities 106 030 99 405
The table below summarizes the maturity profile of the Group’s other current liabilities:
(USD 1 000) Total On demand 9 months
2012 106 030 97 998 5 531 1 149 687 665
2011 99 405 86 631 7 439 2 155 1 850 1 330
The table below summarizes other current liabilities into different currencies:
(USD 1 000) 2012 2011
USD 63 969 55 305
EUR 24 688 24 164
SGD 3 367 1 965
RMB 7 688 3 914
WON 1 632 1 730
Other currencies 4 685 12 327
Total other current liabilities 106 030 99 405
Note 31 Other non-current liabilities
(USD 1 000) 2012 2011
Tax payable, Norway – new voluntary scheme – 15 131
Provision for dismantling cost 4 590 4 256
Provisions for claims 5 703 –
Other non-current liabilities 3 755 5 150
Held for sale (3 873) –
Total other non-current liabilities 10 175 24 537
As a part of entering the new Norwegian tonnage tax system Odfjell has in total USD 15.1 million outstanding, which is payable in 2013 and
therefore is classified as current liability.
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odfjell annual report 2012