The characterisation of Spent Nuclear Fuel (SNF) in view of intermediate storage and final disposal is discussed. The main observables of interest that need to be determined are the decay heat, neutron and -ray emission spectra. In addition, the inventory of specific nuclides that are important for criticality safety analysis and to verify the fuel history has to be determined. Some of the observables such as the decay heat and neutron and -ray emission rate can be determined by Non-Destructive Analysis (NDA) methods. Unfortunately, this is not always possible especially during routine operation. Hence, a characterisation of SNF will rely on theoretical calculations combined with results of NDA methods. In this work the observables of interest, also referred to as source terms, are discussed based on theoretical calculations starting from fresh UO2 and MOX fuel. The irradiation conditions are representative for PWR. The Serpent code is used to define the nuclides which have an important contribution to the observables. The emphasis is on cooling times between 1 a and 1000 a.JRC.G.2-Standards for Nuclear Safety, Security and Safeguard