MOL Hungarian Oil and Gas Public Limited Company Annual report ...

MOL HUNGARIAN OIL AND GAS PUBLIC LIMITED COMPANYSupplementary Notes for the year ending on 31 December 201219. Other receivablesHUF millionDescription 2011 2012Receivables related to financial investments* 148,594 25,926Book value of lent MOL shares 6,039 6,609Deposit** 10 5,584Tax to be refunded 12,448 1,958Receivables from joint operation 1,546 1,136Advance payment for services 165 233Receivables purchased and received 309 210Various other receivables 1,783 293Total: 170,894 41,949* The balance of 2011 includes the value of investments given as in kind contribution (HUF 141,739 million) basedon Articles of Association until registration in Court of Registration. The balance of 2012 contains the capitalincrease not registered amounts to HUF 19,982 million.** The value of 2012 contains the deposit of letter of credit related to the purchase of import sulphur diesel oil.20. Valuation of receivablesHistorical costHUF millionDescriptionTradereceivablesReceivablesfrom relatedpartiesOtherreceivablesDerivativetransactionsTotalreceivables31.12.2011 Closing balance 112,399 197,094 173,105 19,693 502,291Of which: receivables impaired 1,707 1,292 8,293* 0 11,29231.12.2012 Closing balance 97,854 133,525 43,540 18,011 292,930Of which: receivables impaired 1,388 1,168 8,223 * 0 10,779* The original value of lent treasury shares where impairment is accounted for, classified as other receivablesamounts to HUF 8,020 million in 2011 and 2012.The decrease of book value of other receivables is mainly resulted by registration on court in 2012 the notregistered companies given as contribution in kind in 2011(HUF 141,739 million).49