17. Other current and non-current assets
Other current liabilities, amounting to €21 million (€71 million at 31 December 2015), and other non-current liabilities, amounting to €309 million (€293 million at 31 December 2015), break down as follows:
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|
31.12.2015 |
31.12.2016 |
||||
(€ million) |
Current |
Non-current |
Total |
Current |
Non-current |
Total |
Other liabilities from regulated activities |
57 |
149 |
206 |
12 |
167 |
179 |
Market value of derivative financial instruments |
|
1 |
1 |
|
|
|
Other liabilities |
14 |
143 |
157 |
9 |
142 |
151 |
- Prepaid revenue and income |
5 |
18 |
23 |
5 |
10 |
15 |
- Prepaid contributions for connecting to the transportation network |
|
4 |
4 |
|
4 |
4 |
- Other |
9 |
121 |
130 |
4 |
128 |
132 |
|
71 |
293 |
364 |
21 |
309 |
330 |
Liabilities from regulated activities, amounting to €179 million (€206 million at 31 December 2015), relate to:
- the transportation segment (€141 million) due to the transportation revenue invoiced in excess of the restriction established by the regulator and penalties charged to users who exceeded the committed capacity; this amount is to be returned through tariff adjustments pursuant to Resolution 166/05 of the Authority. The current and non-current portions amount to €12 million and €129 million respectively (€57 million and €110 million at 31 December 2015);
- the storage segment (€38 million) due to payments for balancing and stock replenishment, to be returned to service users pursuant to Resolution 50/06 of the Authority. The amount corresponds entirely to the non-current portion (€39 million at 31 December 2015).
Other liabilities of €151 million (€157 million at 31 December 2015) include:
- prepaid revenue and income (€12 million) relating mainly to the current and non-current portion of the prepaid fee for the concession to use fibre-optic cables given to a telecommunications operator (€2 million and €10 million, respectively);
- other liabilities relating mainly to: (i) guarantee deposits paid as collateral by users of the balancing service, pursuant to Resolution ARG/gas 45/11 (€62 million); and (ii) the higher quantities of fuel gas allocated by users in previous years pursuant to Resolution ARG/gas 184/09 compared with the quantities actually used in those years, equalised by reducing the quantities allocated by users (€66 million). The amount corresponds entirely to the non-current portion (€9 million and €53 million respectively for the current and the non-current portions at 31 December 2015).