17. Other current and non-current assets

ACCOUNTING POLICIES

Other assets, including prepayments

The Group recognises an asset as a prepayment under the following conditions:

• an expense was incurred in the past in relation to operating activity,
• it can be reliably measured,
• it refers to future reporting periods.

Prepayments are recognised at reliably measured amounts, relate to future periods and will generate future economic benefits.

Other assets include in particular state receivables, advances for deliveries and services (including prepayments for property, plant and equipment under construction) and dividend receivables.