Other non-current liabilities of €869 million (€331 million at 31 December 2010) comprise:
| Download XLS (16 kB) |
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(€ million) |
31.12.2010 |
31.12.2011 |
|
Prepaid income from regulated activities |
273 |
306 |
|
|
| |
|
- Fair value of derivatives |
31 |
188 |
|
|
31 |
188 |
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Other non-current liabilities: |
|
|
|
- Deferred and prepaid revenue and income |
23 |
317 |
|
- Prepaid contributions for connecting to the transportation network |
3 |
3 |
|
- Other liabilities |
1 |
55 |
|
|
27 |
375 |
|
|
331 |
869 |
Prepaid income from regulated activities (€306 million) relates to: (i) the non-current portion of transportation revenues invoiced in excess of the restriction established by the Regulator and penalties charged to service users that exceeded the committed capacity (€173 million); this amount is to be adjusted based on the provisions of Resolution 166/05 of the Electricity and Gas Authority; and (ii) the non-current portion of payments for balancing and stock replenishment invoiced in 2011 (€133 million) to be returned to service users based on the provisions of Resolution 50/06 of the Electricity and Gas Authority.
Deferred and prepaid revenue and income (€317 million) refer to: (i) fees for the use of strategic gas withdrawn and not replenished under the terms of the Storage Code (€296 million); and (ii) the non-current portion of the prepaid fee for the concession to use fibre-optic cables given to a telecommunications operator (€21 million).
Other liabilities (€55 million) refer mainly to the non-current portion of the adjustment, to be repaid in kind to users of the natural gas transportation service, of the quantity of fuel gas used in 2011 to operate the service with the quantities allocated by users during the same year, pursuant to Resolution ARG/gas 184/09.
For information about derivatives, see Note 21 “Other current liabilities”.
