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12. Other assets

Note

2019
$m

2018
$m

Current

Green commodities scheme certificates and instruments

251

200

Prepayments

52

61

Total current other assets

303

261

Non-current

Defined benefit superannuation plan asset

32

7

39

Other

32

38

Total non-current other assets

39

77

ACCOUNTING POLICY

Green commodity scheme certificates

AGL participates in a number of renewable energy and energy efficiency schemes administered by the Commonwealth and State governments. AGL holds green commodity scheme certificates in order to satisfy its surrender obligations under the various schemes.

Green commodity scheme certificates are initially recorded at cost, being the fair value of the consideration paid or the cost of generation of the certificate. Subsequent to initial recognition, they are stated at the lower of cost and net realisable value.

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