26. Non-current financial assets
in € thousand |
31.12.2019 |
31.12.2018 |
||
---|---|---|---|---|
Securities |
5,677 |
2,414 |
||
Shares in affiliated companies |
54 |
59 |
||
Other equity investments |
309 |
661 |
||
Other non-current financial assets |
10,137 |
10,484 |
||
|
16,177 |
13,618 |
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 € 173 thousand (previous year: € 316 thousand), see Note 37. Before offsetting, this results in a securities portfolio of € 5,850 thousand (previous year: € 2,730 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 results of operations, net assets and financial position and are therefore not consolidated.
Other non-current financial assets primarily include receivables from a graduated rent totalling € 4,273 thousand (previous year: € 4,079 thousand), as well as receivables from relief funds totalling € 2,625 thousand (previous year: € 2,441 thousand).
International accounting standards.