15 Equity-accounted investments and other equity investments

  (XLS:) Download

CHANGES IN EQUITY-ACCOUNTED INVESTMENTS AND OTHER EQUITY INVESTMENTS IN THE PERIOD JANUARY 1 TO DECEMBER 31, 2014

€ million

 

Equity- accounted investments

 

Other equity investments

 

Total

 

 

 

 

 

 

 

Gross carrying amount at Jan. 1, 2014

 

8,014

 

4,177

 

12,191

Foreign exchange differences

 

205

 

12

 

217

Changes in consolidated Group

 

335

 

−1,001

 

−666

Additions

 

36

 

292

 

329

Transfers

 

 

0

 

0

Disposals

 

0

 

96

 

96

Changes recognized in profit or loss

 

3,987

 

 

3,987

Dividends

 

−2,997

 

 

−2,997

Other changes recognized in other comprehensive income

 

376

 

630

 

1,005

Balance at Dec. 31, 2014

 

9,955

 

4,014

 

13,968

Impairment losses
Balance at Jan. 1, 2014

 

80

 

237

 

316

Foreign exchange differences

 

1

 

−1

 

0

Changes in consolidated Group

 

 

−5

 

−5

Additions

 

 

172

 

172

Transfers

 

 

 

Disposals

 

 

72

 

72

Reversal of impairment losses

 

 

 

Balance at Dec. 31, 2014

 

80

 

331

 

411

Carrying amount at Dec. 31, 2014

 

9,874

 

3,683

 

13,557

  (XLS:) Download

CHANGES IN EQUITY-ACCOUNTED INVESTMENTS AND OTHER EQUITY INVESTMENTS IN THE PERIOD JANUARY 1 TO DECEMBER 31, 2015

€ million

 

Equity- accounted investments

 

Other equity investments

 

Total

 

 

 

 

 

 

 

Gross carrying amount at Jan. 1, 2015

 

9,955

 

4,014

 

13,968

Foreign exchange differences

 

187

 

9

 

197

Changes in consolidated Group

 

 

−67

 

−67

Additions

 

740

 

253

 

993

Transfers

 

44

 

−44

 

Disposals

 

36

 

3,174

 

3,210

Changes recognized in profit or loss

 

4,386

 

 

4,386

Dividends

 

−4,683

 

 

−4,683

Other changes recognized in other comprehensive income

 

392

 

342

 

733

Balance at Dec. 31, 2015

 

10,985

 

1,333

 

12,318

Impairment losses
Balance at Jan. 1, 2015

 

80

 

331

 

411

Foreign exchange differences

 

1

 

−2

 

−2

Changes in consolidated Group

 

 

−3

 

−3

Additions

 

 

38

 

38

Transfers

 

 

 

Disposals

 

 

4

 

4

Reversal of impairment losses

 

 

0

 

0

Balance at Dec. 31, 2015

 

81

 

358

 

439

Carrying amount at Dec. 31, 2015

 

10,904

 

974

 

11,878

Equity-accounted investments include joint ventures in the amount of €9,546 million (previous year: €9,159 million) and associates in the amount of €1,358 million (previous year: €715 million).

€335 million of the changes in the consolidated Group between equity-accounted investments and other equity investments in the previous year related to the reclassification of the shares in Bertrandt because of the change in the method of inclusion. The acquisition of the additional shares in Bertrandt in the amount of €40 million was previously reported under additions of other equity investments. The additions of equity-accounted investments in the fiscal year are mainly attributable to There Holding. The disposals of other equity investments are mainly the result of the sale of the Suzuki shares. Further details can be found in the disclosures in the section entitled “Basis of consolidation”.

Of the other changes recognized in other comprehensive income, €391 million (previous year: €379 million) is attributable to joint ventures and €1 million (previous year: €−3 million) to associates. They are mainly the result of foreign exchange differences in the amount of €393 million (previous year: €397 million), pension plan remeasurements in the amount of €−8 million (previous year: €−6 million) and losses on the fair value measurement of cash flow hedges in the amount of €6 million (previous year: €−23 million).