Corporate Magazine 2012 - Boehringer Ingelheim

usiness year 2012consolidated financial statements3.4 Inventories(in millions of EUR) 31.12.2012 31.12.2011Raw materials and supplies 484 427Unfinished products 881 872Finished products and goods for resale 725 694Advance payments to suppliers 5 52,095 1,9983.5 Accounts receivable and other assetsResidualResidualterm overterm over(in millions of EUR) 31.12.2012 1 year 31.12.2011 1 yearTrade accounts receivable 2,541 7 2,531 6Receivables from affiliated companies 6 0 12 0Receivables from related companies 23 0 19 0Other assets 627 8 564 123,197 15 3,126 18The “Other assets” item includes receivables from shareholders of EUR 7 million (previous year:EUR 1 million).Receivables from affiliated companies, as in the previous year, almost exclusively consist of receivablesfrom loans.Receivables from related companies essentially consist of trade accounts receivable.3.6 Provisions(in millions of EUR) 31.12.2012 31.12.2011Pension provisions 3,380 3,283Tax provisions 752 679Other provisions 3,330 3,1667,462 7,128Provisions for pensions and similar obligationsThe provisions for pensions and similar obligations were determined on the basis of actuarial calculationsusing the projected unit credit method, taking into account future adjustments in salaries and pensions.Notes to the consolidated financial statements55