Annual report 2009 - Dexia.com

Notes to the consolidated fi nancial statements7.11. Tax assets31/12/08 31/12/09Current taxes 160 200Deferred tax assets (see note 9.2.) 3,979 2,718TOTAL 4,139 2,919Management reportDeferred tax assets (DTA) are constituted for an amount ofEUR 1.95 billion (3.1 billion in 2008) by DTA coming fromnegative AFS reserves on bonds and by DTA on cash flowhedges reserves for EUR 0.15 billion (0.2 billion in 2008).7.12. Other assetsApart from this, it relates to other elements including recoverabletax losses and provisions.31/12/08 31/12/09Other assets 1,804 1,713Other assets specific to insurance companies 194 182TOTAL 1,998 1,895Consolidatedfinancial statementsannual financial statementsAdditional informationA. OTHER ASSETSAnalysis by nature 31/12/08 31/12/09Accrued income 106 109Deferred expenses 89 60Other accounts receivables 1,232 902Plan assets (1) 17 19Long-term construction contracts 1 0Inventories 4 18Operational taxes 82 76Other assets 273 529TOTAL 1,804 1,713(1) See note 8.6.i.B. OTHER ASSETS SPECIFIC TO INSURANCE COMPANIESAnalysis by nature (acquisition costs and share of reinsurers) 31/12/08 31/12/09Share of the reinsurers in the technical reserves 87 76Receivables resulting from direct insurance transactions 64 50Premiums still to be issued 1 0Other insurance assets 42 57Impaired insurance assets 1 0Less:Specific impairment (1) 0TOTAL 194 1827.13. Non-current assets held for sale31/12/08 31/12/09Assets of subsidiaries held for sale (1) 6,225 4,296Tangible and intangible assets held for sale 33 54Other assets 2 1TOTAL 6,260 4,350(1) 2008: FSA Inc.; 2009: Dexia Epargne Pension. See note 9.5.C. Analysis of groups held for sale.146Dexia Annual report 2009