Other non-current financial assets and liabilities

For the Group’s purposes, the components are as follows:

ASSETS

LIABILITIES

OTHER NON-CURRENT FINANCIAL ASSETS INCLUDE

• Pension fund surplus (A20100): See provisions for employee benefits
  The pension fund surplus for retirement benefits is reported under "L15600 - Retirement benefits" when that account shows a credit balance.
• Long-term receivables (A20900)
  
  • Include
    
    • Trade receivables of more than one year , where the amounts receivable have a contractual repayment term exceeding one year from the balance sheet date.
      Include receivables resulting from intra-Group services
      Note: The amounts receivable or the portion thereof, which is receivable within 12 months, are reclassified to « trade debtors within one year ».
    • Sundry receivables of more than one year . Examples:
      • Receivables from the State and local government
      • Loans to personnel (long-term portion)
      • Long-term cash guarantees paid
      • Permanent cash guarantees paid, in particular to public authorities (e.g.: guarantees paid for telephone, fax, rent, VAT, Social Bureau)
      • Anticipated withholding on pension to be paid to personnel
      • Social security institutions, long-term
      • Revaluation of interest swaps
    • Doubtful long-term receivables
  • Exclude: Trade receivables and trade notes receivable from affiliated entities and regarded as financing.
• Long-term receivables - write-down (A29090): Include write-downs on trade receivables of more than one year and on doubtful sundry receivables of more than one year.

OTHER NON-CURRENT FINANCIAL LIABILITIES INCLUDE

• Long-term bonds (L16100)
• Other long-term financial debts (L16800)

Include, among others, the financing related to "shrinking advances" (in French = "avances fondantes") whose purpose is that one party finances investments amd the other party takes exclusive benefits from these investments.

• Lease debts - Long term (L16810)
• Long-term lease debts - IFRS 16 (L16830)
• Other long-term liabilities (L16900)
  
  • Trade liabilities of more than one year , where the amounts payable have a contractual term exceeding one year from the balance sheet date for the following:
    • Trade payables
    • Notes payable
    • Downpayments received on orders
    • Debts resulting from intra-Group services
  • Sundry liabilities of more than one year . Examples:
    • Interest free advance payment on capital increase
    • Long-term cash guarantees received
    • Downpayments received on cavities
    • Social security payables, long-term
    • Revaluation of interest swaps
    • Ordinary deposits and guarantees of more than one year received
• Prepaid income - long-term (L16940)