The allocation of borrowings to current liabilities or noncurrent liabilities is based on contractual maturity. |
Given the Company's operating cycle, the term noncurrent assets refers to assets with a life of more than one year. |
Troubled assets, which include noncurrent loans and repossessed assets, rose slightly as a result of softness in the economy. |
Repayable government financing amounted to 2.5 million euros on June 30, 2010, accounted as noncurrent financial liabilities. |
All transactions relating to noncurrent asset disposals and share capital activities are treated as exceptional items. |
They are included in noncurrent assets unless management intends to dispose of the investment within 12 months of the balance sheet date. |