in € thousand |
31/12/2014 |
31/12/2013 |
Carrying amounts for |
|
|
Investments in companies accounted for under the equity method |
528,681 |
545,053 |
Investments in associates of minor importance are shown on the balance sheet under variable-income securities as available for sale (Assets E. I. 1.). The Group now owns just 50 per cent of Dekra Expert Muszaki Szakertöi Kft., which was consolidated up until now. Therefore, this company is managed as a company accounted for under equity method accounting as of 31 December 2014.
Investment in associates |
31/12/2014 |
31/12/2013 |
in € thousand |
|
|
Fair value of associates listed on a public stock exchange (STRABAG SE) |
285,029 |
355,040 |
Profits/losses for the period |
19,970 |
20,023 |
Because of the later publication of Strabag SE’s financial accounting that is relevant for the stock exchange, the information regarding the 2014 financial year was published in accordance with IFRS 12 with the amounts from 30 September 2014. To estimate the profit/(loss) for the full year, information was used that is available to the Group because of its significant influence.
Statement of financial position and profit/(loss) figures for companies accounted for under the equity method |
Strabag (30/9/2014) |
Other (31/12/2013) |
Strabag (30/9/2013) |
Other (31/12/2012) |
in € thousand |
|
|
|
|
Statement of financial position |
|
|
|
|
Cash and cash equivalents |
1,135,414 |
25,133 |
1,064,745 |
33,273 |
Other current assets |
4,955,002 |
422,304 |
4,732,573 |
472,510 |
Current assets |
6,090,416 |
447,437 |
5,797,318 |
505,783 |
Non-current assets |
4,404,058 |
173,038 |
4,501,962 |
157,449 |
Total assets |
10,494,474 |
620,475 |
10,299,280 |
663,232 |
|
|
|
|
|
Current financial liabilities |
2,324,559 |
103,325 |
396,380 |
84,992 |
Other current liabilities |
1,517 |
59,487 |
4,284,157 |
33,992 |
Current liabilities |
2,326,076 |
162,812 |
4,680,537 |
118,984 |
Non-current financial liabilities |
4,608,441 |
248,955 |
1,377,912 |
301,652 |
Other non-current liabilities |
391,310 |
16,079 |
1,129,817 |
32,143 |
Non-current liabilities |
4,999,751 |
265,034 |
2,507,729 |
333,795 |
Total liabilities |
7,325,827 |
427,846 |
7,188,266 |
452,779 |
|
|
|
|
|
Consolidated income statement |
|
|
|
|
Sales |
8,892,290 |
161,955 |
8,806,467 |
147,226 |
Depreciation, amortisation and impairment losses |
–285,543 |
–3,277 |
–289,222 |
–1,940 |
Interest income |
44,177 |
15,224 |
45,850 |
47 |
Interest expenses |
69,031 |
–32,776 |
–64,456 |
–10,320 |
Profit before taxes |
39,425 |
3,126 |
21,021 |
–72,996 |
Taxes on income |
–19,150 |
–10,972 |
–12,459 |
–3,581 |
Profit after taxes |
20,275 |
–7,917 |
8,562 |
–77,780 |
Other comprehensive income |
–32,463 |
6 |
–13,467 |
0 |
Total comprehensive income |
–12,188 |
–7,911 |
–4,905 |
–77,780 |
Shares in equity-accounted companies |
2014 |
2013 |
in € thousand |
|
|
Carrying amount at 1/1 |
545,053 |
544,522 |
Additions |
18 |
0 |
Disposals |
–20,690 |
–4,017 |
Total adjustment to comprehensive income |
12,164 |
8,495 |
Dividends received |
–7,865 |
–3,947 |
Carrying amount at 31/12 |
528,681 |
545,053 |
