11. OTHER CURRENT ASSETS

Other current assets as of December 31, 2013, December 31, 2012 and as of January 1, 2012 consist of the following:

RUB millions

December 31, 2013

December 31, 2012

January 1, 2012

Prepaid custom duties

22,530

30,530

26,103

Advances paid

31,618

28,197

30,606

Prepaid expenses

311

329

343

Value added tax receivable

35,223

39,570

28,436

Other assets

21,661

19,168

15,526

Less impairment provision

(10,461)

(10,712)

(10,282)

TOTAL OTHER CURRENT ASSETS

100,882

107,082

90,732

The impairment provision mainly relates to other assets being other receivables of our Serbian subsidiary.

Notes in Consolidated Statements:

Consolidated Statement of Financial Position