Read the Registration Document - Guerbet

Note 6 – Receivables by maturityCost2012 2011Less than 1 yearMore than oneyearAdvances to associates 6 6 - 1,153Loans 90 - 90 98Other financial assets 1 9,034 8,500 534 8,960Doubtful and disputed trade receivables 50 50 - 35Other trade receivables 2 10,221 10,221 - 5,513Bills awaiting collection 18,607 18,607 - 11,766Employee and related receivables 88 88 - 72Social security and related receivables 12 12 - 45Income tax receivables 3 4,229 4,229 - 5,481VAT receivables 3,622 3,622 - 4,463Other tax receivables - - - 20Miscellaneous tax receivables - - - -Advances to Group companies andshareholders*46,493 46,493 - 54,599Miscellaneous receivables 3,321 3,321 - 1,553Prepaid expenses 748 541 207 1,233Total 96,521 95,690 831 94,9911 A programme for the securitization of receivables was implemented in Guerbet Group in 2004. Guerbet has deposited €8.5 millionwith the assignee of the receivables as security.2 Outstanding trade receivables are reduced by the amount of receivables assigned acquired by the programme of the assignee.At 31 December 2012, receivables assigned totalled €10,998,000. The actual corresponding collection risks have not been transferredin their entirety to the assignee.3 This represents a research tax receivable to be allocated to advance payments of the 2013 corporate income tax.123