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37. Estimated subrogations and salvages

Estimated subrogations, salvages and subsidies31 December 201431 December 2013
Estimated subrogations 123,617 128,524
Estimated salvages 3,645 1,426
Total 127,262 129,950

Estimated subrogations, salvages and subsidies31 December 201431 December 2013
Short-term 123,617 55,369
Long-term 70,100 74,581
Total 127,262 129,950

Estimated subrogations and salvages are classified as long-term if the related cash flows are expected to occur after more than 12 months from the end of the reporting period.