7.	Other current assets

Other current assets as of December 31, 2012 include $39.6 million of CEDC inventories sold at market prices and held by external parties and Roust (as defined in Note 19) under an arrangement to repurchase these inventories with storage and logistic cost mark-up. As of December 31, 2011 the respective amount was $0.0 million.

Other current assets, other than inventories sold and held by external parties, amount to $52.8 million as at December 31, 2012 and of $13.0 million as at December 31, 2011.


	December 31,
	2012		2011
Short term securities (for resale)	$	1,034	$	863
VAT		16,707		4,458
Other taxes and duties		14,827		(524	)
Other short-term receivables		20,279		8,188

Total	$	52,847	$	12,985