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(7) Other non-current assets

Other non-current assets are carried at amortized cost less write-downs. No write-downs were necessary in 2011 or 2012.

Other Non-Current Assets
     
€ million Dec. 31, 2011 Dec. 31, 2012
     
Receivables from pension obligations 85 64
Other receivables 35 38
  120 102
 

The €21 million decline in receivables from pension obligations was mainly attributable to a decrease in the discount rate for pensions. The other receivables include, among other things, security deposits.

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