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Note 9: Other financial
non-current assets


In € millions

 

2011

 

2012

Loans and receivables

 

294

 

287

Other than financial instruments

 

893

 

1,461

Total

 

1,187

 

1,748

The loans and receivables include the subordinated loan of €75 million granted to the Pension Fund APF in the Netherlands and the non-current part of an escrow account of the AkzoNobel (CPS) Pension Scheme in the UK amounting to €133 million, invested in bonds and cash. Under certain conditions, the minimum annual funding of this pension fund from the escrow account is £25 million (€31 million).

Other financial non-current assets include an amount of €1,292 million related to pension plans in an asset position (2011: €712 million).

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