16. Other current and non-current assets

As of December 31, other current and non-current assets comprised the following:

  2010 2009
€ in millions   thereof short-term   thereof short-term
Investments and long-term loans 254 6 74 5
Tax receivables 240 224 253 242
Discounts 124 124 129 129
Accounts receivable resulting from German "Krankenhausfinanzierungsgesetz" 111 79 145 89
Capitalized debt financing costs 108 10 107 10
Leasing receivables 73 29 55 22
Advances made 53 52 41 39
Prepaid expenses 45 15 32 16
Derivative financial instruments 25 18 49 29
Re-insurance claims 25 0 23 0
Accounts receivable from management contracts in clinics 7 7 6 6
Other assets 496 367 428 318
Other assets, gross 1,561 931 1,342 905
less allowances 8 6 13 12
Other assets, net 1,553 925 1,329 893

  2010 2009
€ in millions   thereof short-term   thereof short-term
Investments and long-term loans 254 6 74 5
Tax receivables 240 224 253 242
Discounts 124 124 129 129
Accounts receivable resulting from German "Krankenhausfinanzierungsgesetz" 111 79 145 89
Capitalized debt financing costs 108 10 107 10
Leasing receivables 73 29 55 22
Advances made 53 52 41 39
Prepaid expenses 45 15 32 16
Derivative financial instruments 25 18 49 29
Re-insurance claims 25 0 23 0
Accounts receivable from management contracts in clinics 7 7 6 6
Other assets 496 367 428 318
Other assets, gross 1,561 931 1,342 905
less allowances 8 6 13 12
Other assets, net 1,553 925 1,329 893

The investments and long-term loans comprise investments in an amount of €190 million (2009: €9 million), that were accounted for under the equity method.

The receivables resulting from the German “Krankenhausfinanzierungsgesetz” primarily contain approved but not yet received earmarked subsidies of the Fresenius Helios operations. The approval is evidenced in a letter written by the granting authorities that Fresenius Helios has already received.

Depreciation on other non-current assets in an amount of €2 million was recognized in the fiscal years 2010 and 2009, respectively.

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15. Inventories

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