23 Other Assets

 

 

Dec. 31, 2016

 

Dec. 31, 2015

 

 

 

 

 

 

 

 

 

in € million

 

non-current

 

current

 

non-current

 

current

 

 

 

 

 

 

 

 

 

Right to reimbursement for transferred pensions

 

7.0

 

 

7.6

 

Receivables from insurance claims

 

2.0

 

22.3

 

3.1

 

15.8

Miscellaneous other assets

 

6.2

 

80.4

 

147.8

 

97.6

 

 

15.2

 

102.7

 

158.5

 

113.4

The right to reimbursement for transferred pensions is in connection with the indirect obligation shown under provisions for pensions arising from pension obligations transferred to former affiliated companies of the Viterra Group.

The receivables from insurance claims include the recognition of the excess of the of plan assets over the corresponding pre-retirement part-time work arrangement obligations amounting to € 0.9 million (Dec. 31, 2015: € 2.2 million).

Fair Value
Valuation pursuant to IAS 40 in conjunction with IFRS 13. The estimated value of an asset. The fair value is the amount for which an asset could be exchanged between knowledgeable, willing parties in an arm’s length transaction.