16.- OTHER NON-CURRENT LIABILITIES

EThe breakdown of the “Other non-current liabilities” item in the accompanying consolidated balance sheets, at 31 December 2017 and 2016, is as follows:

	Thousands of Euros
	2017	2016
At amortised cost:
Linearisation of revenue	15.965	16.122
Capital subsidies	17.754	10.285
Adquisition of Capredo Investment GmbH (Note 2.5.4)	3.150	3.150
Loans from shareholders	-	550
Other liabilities	2.107	3.930
	38.976	34.037

At 31 December 2017, “Capital subsidies” basically included subsidies received for hotel renovations, both from public entities and landlords, broken down by country as follows:

	Thousands of Euros
	2017	2016
Germany	9.709	6.866
Netherlands	3.461	-
Spain	1.843	1.832
Italy	1.064	-
Portugal	1.005	1.124
Others	672	463
	17.754	10.285

At 31 December 2017, the Directors of the Parent Company considered that all the requirements stipulated for such subsidies had been fulfilled and therefore deemed them as non-reimbursable.