Annual Report 2001 - Flughafen Wien

Deferred tax assets or provisions were created for the following items:
in T€ 2001 2000
Deferred tax assets
Tangible and financial assets 411.3 730.6
Provisions for severance compensation 1,539.5 2,151.2
Provisions for pensions 9,620.2 12,219.9
Provisions for service anniversary bonuses 683.7 557.7
Transfer of shares to employee fund 22,965.9 24,486.1
Other provisions 2,122.5 1,892.7
Tax loss carry-forwards 554.2 536.8
37,897.3 42,574.9
Provisions for deferred taxes
Tangible fixed assets 7,628.2 6,041.3
Current securities 0.0 829.9
Other current assets 230.6 230.6
Provision for taxes from consolidation 3,225.4 3,538.7
11,084.2 10,640.5
Net deferred tax assets and provisions 26,813.1 31,934.5
(16) Inventories
in T€ 2001 2000
Raw materials and supplies 2,323.1 2,694.6
Services not yet invoiced 0.0 310.3
Prepayments 2.1 0.0
2,325.2 3,004.9
(17) Current receivables and other current assets
in T€ 2001 2000
Gross trade receivables 27,252.8 29,603.4
Valuation adjustments -2,533.7 -2,224.9
Net trade receivables 24,719.0 27,378.4
Receivables due from subsidiaries (non-consolidated) 238.6 97.3
Receivables due from associates 5.1 3,954.9
Other receivables and assets 16,749.8 1,920.5
Prepaid expenses and deferred charges 750.1 161.8
42,462.7 33,512.9
(18) Cash and cash equivalents
in T€ 2001 2000
Cash on hand 117.4 115.7
Deposits with financial institutions 84,864.7 27,691.4
Securities 87,388.0 152,434.3
172,370.1 180,241.4
___In 2001, the effective interest rate on deposits with financial institutions was between 3.2
and 4.9% (2000: 4.1 to 4.3%). Interest paid for deposits with financial institutions is dependent
on developments on the Austrian money market, which showed a slight upward trend at
the beginning of 2001.
___For detailed information on securities, see Point (30) on financing instruments.
86 Notes
Annual Report 2001