7 Other current assets
Other current assets of €65 million (€95 million at 31 December 2013) comprise:
| Download XLS (22 kB) |
|
(€ million) |
31.12.2013 |
30.06.2014 |
|
Accrued income from regulated activities |
61 |
31 |
|
|
61 |
31 |
|
Other current assets: |
|
|
|
- Prepayments |
34 |
34 |
|
|
34 |
34 |
|
|
95 |
65 |
Accrued income from regulated activities (€31 million) mainly concerns the current portion of natural gas transportation revenue invoiced below the restriction established by the Regulator (€28 million).
Prepayments (€34 million) refer essentially to the current portion of repayments on up-front fees and substitute tax on revolving credit lines4 (€26 million).
4 Up-front fees and substitute tax are to be regarded as “transaction costs” pursuant to IAS 39; the relative charges are spread over the (expected) life of the financial instrument.