26. Financial Assets

In the reporting year – as in the previous year – the securities relating to insolvency insurance for phased early retirement entitlements were netted out against the corresponding phased early retirement obligations because they fulfil the conditions for plan assets as per IAS 19 (revised 2011). The securities portfolio recognised as plan assets in the financial year amounted to € 3,116 thousand (previous year: € 3,120 thousand). see Note 37. Before offsetting, this results in a securities portfolio of € 7,056 thousand (previous year: € 6,991 thousand).

The shares in affiliated companies include shares in Group companies which are of minor importance for giving a true and fair view of the Group’s earnings, net assets and financial position and are therefore not consolidated.

Other financial assets primarily comprise receivables from a graduated rent totalling € 4,174 thousand (previous year: € 3,905 thousand), receivables from bank guarantees amounting to € 3,498 thousand (previous year: € 3,347 thousand), receivables from relief funds totalling € 2,609 thousand (previous year: € 2,423 thousand) and receivables from HPA amounting to € 333 thousand (previous year: € 351 thousand).