(14) Other Current Assets

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in TEUR, at 31 December

2014

2013

Instalment sales

70,775

22,667

Finance lease receivables

6,805

19,215

Other financial assets

7,155

6,485

Financial assets

84,734

48,366

Other non-financial assets

47,430

33,594

Other current assets, gross

132,164

81,960

Less allowance for financial assets

−9,061

−5,788

Less allowance for non-financial assets

−2,966

−2,177

Other current assets

120,137

73,995

Instalment sales receivables relate to the instalment sales of mobile handsets and tablets and equal the present value of the revenue. As of 31 December 2014, the instalment sales receivables relate to all segments. As of 31 December 2013, instalment sales were only offered in the segment Belarus and to a lesser extent by Si.mobil in Slovenia.

For information on finance lease receivables, see Note (26).

Other current non-financial assets mainly consist of deferrals related to customer loyalty programmes, value-added tax receivables, claims against the Republic of Austria (see Note (10)), advance payments, indemnification payments due from insurance companies and receivables due from employees. Additionally in 2014, other current assets contain a receivable amounting to TEUR 16,187 related to investment grants for broadband expansion, which are deducted from acquisition cost (see Note (19)).

The following table sets forth the ageing of finance lease receivables, instalment sales receivables and other current financial assets:

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Gross

Allowance

Gross

Allowance

in TEUR, at 31 December

2014

2014

2013

2013

Not yet due

76,099

3,840

44,157

3,037

Past due 0–90 days

1,435

213

525

0

Past due 91–180 days

2,655

1,137

366

230

Past due 181–360 days

2,505

1,835

1,439

938

More than one year

2,040

2,036

1,880

1,583

Total

84,734

9,061

48,366

5,788

The following is a roll-forward of the allowance for doubtful finance lease receivables, instalment sales receivables and other current financial assets:

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in TEUR

2014

2013

At 1 January

5,788

670

Foreign currency adjustment

−367

−2

Change in reporting entities

−171

0

Reversed

−10

0

Charged to expenses

4,189

3,472

Amounts written-off

−367

−170

Reclassification

0

1,819

At 31 December

9,061

5,788

The reclassification of the allowance in 2013 relates to the opening balance of the allowance for instalment sales receivables, which was reported in accounts receivable – trade until 31 December 2012 (see Note (9)).

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