15. Other non-current receivables


(in thousands of euros)

2018

2017

Derivatives

40,631

17,541

Lease incentives

12,933

14,496

Prepayments on fixed assets

6,702

6,415

Other loans to associates

6,889

4,489

Purchased long leases

2,782

2,872

Loans to third parties

490

607

Other

19,000

-

Total other non-current receivables

89,427

46,420

Other loans to associates

(in thousands of euros)

2018

2017

Carrying amount as at 1 January

4,489

7,880

Redemptions

-600

-

Reclassification to current assets

-600

-3,391

Reclassification from current assets

3,600

-

Total movements in the year

2,400

-3,391

Carrying amount as at 31 December

6,889

4,489

The other loans to associates include a loan of 5.3 million euros to SRE Altaï, which is a joint venture with Groupe ADP involving collaboration in the area of property development. The maturity date of the loan is 31 December 2024 and no securities have been granted. The current portion of the loans to associates, amounting to 0.6 million euros (31 December 2017: 0.8 million euros), is presented under current assets.

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. These 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.

The other non-current receivables include an amount of 19.0 million euros which Schiphol Group paid to Chipshol in 2007, for which additional guarantees have been granted. This receivable was previously reported under trade and other receivables.

For information on derivatives, see note 29. Management of financial risks and financial instruments.

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16. Assets and liabilities held for sale