Balance Sheet Disclosures

28. OTHER ASSETS

Breakdown of Other Assets
in million €Remaining term31 Dec. 2018
Total
Remaining term31 Dec. 2017
Total
Up to
1 year
More than
1 year
Up to
1 year
More than
1 year
Deferred assets47.373.2120.537.157.995.0
Receivables from other taxes68.80.068.8103.30.0103.3
Deferred discounts from central settlement48.90.048.951.50.051.5
Shares in associates0.047.447.40.00.00.0
Receivables from prepayments and security deposits28.317.746.025.923.149.0
Deferred commissions from travel agencies28.70.028.727.70.027.7
Shares in affiliated companies0.012.812.80.00.00.0
Receivables from former partners from partnership model6.20.06.25.80.05.8
Interest on corporate income tax and trade tax reimbursements3.60.03.60.20.00.2
Reimbursement rights against trust associations2.20.22.42.70.22.9
Miscellaneous159.26.8166.0150.63.6154.2
Total393.2158.1551.3404.884.8489.6

Receivables from other taxes relate primarily to value-added tax.

Previously, affiliated companies and associates that, for reasons of immateriality, were not fully consolidated or accounted for using the equity method, were recognised under other financial assets. Beginning in financial year 2018, they are recognised under other assets (see note 2 "Application and Effects of New or Revised Accounting Standards"). In the previous year, the figures for immaterial affiliated companies and associates amounted to 17.3 million euros and 58.1 million euros, respectively.

The deferred assets include, among other items, prepaid rents, service fees, flat-rate maintenance fees, construction cost and investment subsidies as well as prepaid tourism payments. This item increased primarily due to construction cost subsidies.

Allowances of 0.5 million euros were recognised on receivables from former partners of REWE partner companies in the financial year (previous year: 0.6 million euros).