The item “Other receivables” at December 31 2010 had a balance of € 179,082 thousand, down from € 207,899 thousand at December 31 2009.
At December 31 2010 the item included € 111,455 thousand (€ 126,660 thousand at December 31 2009) of receivables (unsecured and mortgage-based) of the securitization companies Zeus Finance S.r.l. and Urania Finance S.A., € 20,211 thousand (€ 12,892 thousand at December 31 2009) of tax credits with Inland Revenue in relation to CO2 rights that the Sorgenia group should have been assigned. Since the national plan for assignation of CO2 rights for this year did not have enough capacity, for the new plants that started operating in 2010 it was not possible to credit the rights to their accounts. Therefore, in order not to create disparity of treatment between the various market operators and following a resolution by the electricity market watchdog, these operators were given a tax credit equal to the value of the CO2 rights not assigned. Since the procedures for using or obtaining repayment of this credit are not yet known, it was accounted for under non-current receivables. This item also includes € 16,345 thousand (€ 16,787 thousand at December 31 2009) of security deposits made as guarantees to suppliers of the wind plant equipment and as deposits paid to the GSE and electricity and natural gas distributors.