Econocom - 2020 annual report

06 consolidated financial statements

notes to the consolidated financial statements

Other long-term receivables 10.4.

31 Dec. 2020 31 Dec. 2019

in € millions

4.8

4.6 9.0

Government grants

19.7

Other long-term receivables

Other receivables

24.5

13.6

“Government grants” relate to amounts receivable under government grants (including at 31 December 2020: €3.7 million in respect of CIR and €0.5 million in respect of CICE). Other receivables relates to loans granted to employees orassociates.

The book values of other nonfinancial assets such as other long-term receivables, are reviewed for impairment at the end of each reporting date. If the book value of these assets exceeds their estimated recoverable amount, an impairment loss is recognised within profit(loss) from operating activities.

By maturity

31 Dec. 2020 31 Dec. 2019

in € millions

12.0 12.5 24.5

13.2

1 to 5 years

0.5

Beyond 5 years

Total

13.6

207

2020 annual report