Note B: Financial non-current assets and provision for subsidiaries

Movements in financial non-current assets

 

  

 

  

 

  

 

  

 

 

  

Subsidiaries

  

 

  

 

In € millions

  

Share in capital

  

Loans1

  

Other financial non-current assets

  

Total

1

Loans to these companies have no fixed repayment schedule.

Balance at January 1, 2012

  

10,560

  

5,289

  

90

  

15,939

Acquisitions/capital contributions

  

156

  

–

  

–

  

156

Divestments/capital repayments

  

–

  

–

  

(2)

  

(2)

Net income from subsidiaries, associates and joint ventures

  

(2,231)

  

–

  

–

  

(2,231)

Post-retirement benefits

  

(1,050)

  

–

  

–

  

(1,050)

Equity-settled transactions

  

35

  

–

  

–

  

35

Change in fair value of derivatives

  

3

  

–

  

–

  

3

Loans granted

  

–

  

1,856

  

–

  

1,856

Repayment of loans

  

–

  

(1,422)

  

–

  

(1,422)

Changes in exchange rates

  

78

  

6

  

–

  

84

Dividend/other changes

  

(153)

  

–

  

(7)

  

(160)

Transfer to provision for subsidiaries

  

150

  

–

  

–

  

150

Balance at December 31, 2012

  

7,548

  

5,729

  

81

  

13,358

Acquisitions/capital contributions

  

1,436

  

–

  

–

  

1,436

Net income from subsidiaries, associates and joint ventures

  

680

  

–

  

–

  

680

Post-retirement benefits

  

(264)

  

–

  

–

  

(264)

Equity-settled transactions

  

39

  

–

  

–

  

39

Change in fair value of derivatives

  

(2)

  

–

  

–

  

(2)

Loans granted

  

–

  

1,385

  

–

  

1,385

Repayment of loans

  

–

  

(2,282)

  

–

  

(2,282)

Changes in exchange rates

  

(468)

  

(14)

  

–

  

(482)

Dividend/other changes

  

(95)

  

–

  

13

  

(82)

Change to provisions for subsidiaries

  

36

  

–

  

–

  

36

Balance at December 31, 2013

  

8,910

  

4,818

  

94

  

13,822