Schiphol.nl   •   Contact

Annual Statements

Home Annual Statements Financial Statements 2013 Notes to the consolidated financial statements Notes to the consolidated balance sheet Other non-current receivables

22. Other non-current receivables

(in thousands of euros)

2013

2012

Surrender long leases

3,230

3,320

Lease incentives

30,634

33,975

Prepaid assets

280

174

Total other non-current receivables

34,144

37,469

Purchased long leases are the rent instalments which Schiphol Group paid in advance in respect of land acquired on a long lease. Lease incentives are the cost of benefits which Schiphol Group granted tenants at the start of their lease. Both items are charged to the income statement over the term of the underlying contracts. The existence of lease incentives is taken into account in establishing the cash flows underlying the determination of the fair value of property.