PDF (7.3 MB) - GILDEMEISTER Interim Report 3rd Quarter 2012

166Consolidated Financial Statements of gildemeister Aktiengesellschaft: Notes to the Consolidated Financial StatementsOther long-term financial assets include the following items:31 Dec. 2010 31 Dec. 2009€ k € kDiscounted customers’ bills 5,767 12,541Loans to third parties 519 738Security deposits and other security payments 345 494Fair market value of derivative financial instruments 0 414Other assets 740 3357,371 14,522Other long-term assets include the following items:31 Dec. 2010 31 Dec. 2009€ k € kTax refund claims 2,015 1,626Other assets 750 3122,765 1,938As in the previous year, the tax refund claims resulted primarily from claims forvalue added tax.24 inventoriesInventories are made up as follows:31 Dec. 2010 31 Dec. 2009€ k € kconsolidated financialstatementsRaw materials and consumables 183,061 153,658Work in progress 100,358 80,500Finished goods and goods for resale 114,893 150,269Payments on account 11,977 6,808410,289 391,235Of inventories recorded on 31 December 2010, € 95,324 k (previous year: € 93,470 k)were recognised at their net realisable value. In the financial year adjustments of inventoriesin an amount of € 13,951 k (previous year: € 22,946 k) were recognised as expensein the income statement. In the financial year revaluations amounting to € 1,766 k(previous year: € 0 k) occured and essentially result from the rise in net residual values.