(3) Receivables and other assets

The Freudenberg Group
Report of the Board of Partners
Foreword of the Management Board
Management Report of the Freudenberg Group
Review of the Operations of the Business Groups and Divisions
People and Responsibility
Innovation
Consolidated Financial Statements
Consolidated Balance Sheet as at December 31, 2003
Consolidated Income Statement
Cash Flow Statement
Development of Partners' Equity
Statement of Changes in Fixed Assets
Notes to the Consolidated Financial Statements
Companies included in the consolidation
Consolidation methods
Accounting and valuation principles
Currency translation
(1) Fixed assets
(2) Inventories
(3) Receivables and other assets
(4) Securities and cash at bank and in hand
(5) Partners' equity and minority interests
(6) Provisions for pensions
(7) Other provisions
(8) Liabilities
Notes to the Income Statement
Notes to the Cash Flow Statement
Further notes
Independent Auditor's Report
Major Group Companies and Shareholdings
Lists of figures and abbreviations
Imprint

(3) Receivables and other assets
Zoom

The slight fall in receivables and other assets is mainly the result of exchange rate changes.
The other assets include tax claims in the amount of 44.3 million Euro (2002: 44.9 million Euro) and pension plan assets in excess of the pension obligations of the pension plans concerned totaling 14.2 million Euro (2002: 17.7 million Euro).


The claims for reimbursement in connection with recognized provisions, which are included in other assets, are shown in the list of provisions.