in EUR m | 2025 | 2024 | 2023 |
Current | |||
Other receivables | 37.3 | 35.8 | 34.7 |
Other receivables due from related parties | 1.9 | 0.5 | 0.7 |
Prepaid taxes other than income tax | 63.0 | 72.2 | 67.6 |
Other prepayments | 41.0 | 44.8 | 36.7 |
Accrued income | 92.4 | 99.9 | 101.0 |
Balance at December 31 | 235.6 | 253.2 | 240.7 |
Non-current | |||
Other receivables | 62.2 | 75.5 | 76.4 |
Long-term loans to related parties | 4.5 | 4.5 | 4.9 |
Balance at December 31 | 66.7 | 80.0 | 81.3 |
Total other receivables and prepayments | 302.3 | 333.2 | 322.0 |
Financial assets at amortized cost are non-derivative financial assets held to collect contractual cash flows, where those cash flows are solely payments of principal and interest on the principal amount outstanding. They arise when the Group provides money, goods or services directly to a debtor with no intention of trading the receivable. They are included in current assets, except for maturities of more than twelve months which are classified as non-current assets. At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at fair value through profit or loss are expensed in profit or loss. Amortized cost is the amount at which the financial asset is measured at initial recognition minus principal repayments, plus or minus the cumulative amortization using the effective interest rate method for any difference between the initial amount and the maturity amount, minus any reduction for impairment or collectability.