23. Other Receivables

Other receivables, after impairment losses of €55 million (2014: €3 million), were comprised as follows:

Other Receivables

 

 

Dec. 31, 2014

 

Dec. 31, 2015

 

 

Total

Of which current

 

Total

Of which current

 

 

€ million

€ million

 

€ million

€ million

Other tax receivables

 

612

528

 

746

658

Deferred charges

 

297

273

 

384

348

Reimbursement claims

 

127

113

 

97

81

Net defined benefit asset

 

41

 

30

Receivables from employees

 

48

44

 

39

36

Miscellaneous receivables

 

810

530

 

1,151

894

Total

 

1,935

1,488

 

2,447

2,017

The reimbursement claims of €97 million (2014: €127 million) mainly consisted of receivables from insurance companies in connection with product liability claims.

Miscellaneous receivables included a €423 million receivable from Dow AgroSciences LLC, United States, for damages and royalty payments resulting from the infringement of Bayer’s rights to the Liberty Link™ weed control system. In addition, there was a €62 million receivable from the Venezuelan exchange control authority reflecting the right to receive U.S. dollars at a preferential rate. A €52 million impairment loss was recognized on this receivable.

Of the €565 million (2014: €678 million) in financial receivables included in other receivables, €564 million (2014: €675 million) was unimpaired. Of this amount, €104 million (2014: €313 million) was past due or due immediately on the closing date. The gross carrying amount of individually impaired other receivables was €4 million (2014: €6 million). The impairment losses recognized on these assets totaled €3 million (2014: €3 million), resulting in a net carrying amount of €1 million (2014: €3 million).

The amounts of impaired and past-due financial receivables included in other receivables are summarized in the following table:

Impaired and Past-Due Other Financial Receivables

 

 

 

 

Of which neither impaired nor past due at the closing date

 

Of which unimpaired but past due at the closing date

 

Of which impaired at the closing date

 

 

Carrying amount

 

 

 

up to 3 months

3 – 6 months

6 – 12 months

more than 12 months

 

 

 

 

€ million

 

€ million

 

€ million

€ million

€ million

€ million

 

€ million

December 31, 2015

 

565

 

460

 

65

13

15

11

 

1

December 31, 2014

 

678

 

362

 

259

17

9

28

 

3