Amadeus IT Holding, S.A. and Subsidiaries - Investor relations at ...

AMADEUS IT HOLDING, S.A. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED ANNUAL ACCOUNTS FOR THE YEARS ENDED
DECEMBER 31, 2011, AND 2010
(EXPRESSED IN THOUSANDS OF EUROS - KEUR)
12. OTHER ASSETS AND LIABILITIES
The breakdown of the “Other assets” caption as of December 31, 2011, and 2010, is
as follows:
52
31/12/2011 31/12/2010
Total other non-current assets 13,442 12,693
Prepaid expenses 27,706 21,246
Taxes receivable – non income tax (note 22) 104,363 92,133
Advance payments to customers 29,663 15,131
Other 2,485 4,479
Total other current assets
164,217 132,989
Total other assets 177,659 145,682
The “Prepaid expenses” caption represents mainly payments made in advance for
which services have not been received yet. Within those the most significant
amounts are KEUR 8,032 in 2011 and KEUR 6,769 in 2010 paid by the subsidiary
Amadeus Data Processing GmbH mainly related to prepayments for maintenance
contracts, mostly for hardware and software.
The “Taxes receivable – non income tax” caption includes VAT receivable and other
taxes receivable (see note 22).
The “Advance payments to customers” caption mainly includes incentives paid in
advance to travel agencies.