|
Dec 31, 2008 |
|
Dec 31, 2007 |
||
€ million |
Non-current |
Current |
|
Non-current |
Current |
Loans to non-consolidated subsidiaries and investments |
643 |
258 |
|
833 |
82 |
Collateral for trading activities |
|
3,562 |
|
|
1,118 |
Other financial receivables |
|
|
|
|
|
Deferred interest |
|
131 |
|
|
130 |
Miscellaneous other financial receivables |
671 |
468 |
|
505 |
372 |
|
1,314 |
4,419 |
|
1,338 |
1,702 |
As of the balance-sheet date, financial receivables from associates amounted to €1,107 million (previous year: €856 million).
RWE Group companies were required to deposit collateral for the trading activities stated above for exchange-based and over-the-counter (OTC) transactions. These guarantees are designed to ensure that the obligations from the transactions are discharged even if the development of prices is not favourable.