31. Other Assets
in € thousand |
31.12.2016 |
31.12.2015 |
||
Current tax credit |
12,513 |
13,046 |
||
Payments on account |
4,434 |
4,868 |
||
Other |
22,930 |
10,901 |
||
|
39,877 |
28,815 |
Current tax credits were lower than in the previous year. This was largely because value added tax receivables were down.
Payments on account relate among other things to prepayments of € 772 thousand (previous year: € 2,443 thousand) for flood protection work.
Other assets include receivables of € 14,489 thousand from a leasing company resulting from an agreement being changed from a finance lease to an operating lease.
Production value – intermediate inputs (cost of materials, depreciation and amortisation, and other operating expenses); the value added generated is shared between the HHLA Group’s stakeholders, such as employees, shareholders, lenders and the local community.