26. Non-current 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 portfolios recognised as plan assets in the financial year amounted to € 2,499 thousand (previous year: € 143 thousand), see Note 37. Before offsetting, this results in securities portfolios of € 5,965 thousand (previous year: € 5,922 thousand).

The shares in affiliated companies include shares in 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 long-term equity investments include shares in companies which are included in the Consolidated Financial Statements neither as an affiliate nor using the equity method due to their minor importance. Such shareholdings are usually up to 50 %. The year-on-year change is due to transactions associated with first-time consolidations in the reporting year.

Other non-current financial assets primarily include receivables from a graduated rent totalling € 4,163 thousand (previous year: € 3,687 thousand), as well as receivables from relief funds totalling € 2,614 thousand (previous year: € 2,614 thousand).