22. Financial investments and investments accounted for using the equity method
| Download XLS (26KB) |
€ million |
Loans |
Investments |
Securities |
Total |
||
|
||||||
Acquisition or production costs |
|
|
|
|
||
As of 1/10/2012 |
71 |
194 |
1 |
266 |
||
Currency translation |
0 |
−4 |
0 |
−4 |
||
Additions to consolidation group |
0 |
0 |
0 |
0 |
||
Additions |
8 |
9 |
0 |
17 |
||
Disposals1 |
−1 |
0 |
0 |
−1 |
||
Reclassifications under IFRS 51 |
0 |
0 |
0 |
0 |
||
Transfers |
−18 |
1 |
1 |
−16 |
||
As of 31/12/2012 / 1/1/2013 |
60 |
200 |
2 |
261 |
||
Currency translation |
−1 |
−4 |
0 |
−5 |
||
Additions to consolidation group |
0 |
0 |
0 |
0 |
||
Additions |
13 |
71 |
0 |
84 |
||
Disposals1 |
−6 |
0 |
0 |
−7 |
||
Reclassifications under IFRS 51 |
0 |
0 |
0 |
0 |
||
Transfers |
0 |
0 |
0 |
0 |
||
As of 30/9 / 1/10/2013 |
65 |
267 |
2 |
333 |
||
Currency translation |
0 |
15 |
0 |
16 |
||
Additions to consolidation group |
0 |
0 |
0 |
0 |
||
Additions |
6 |
5 |
0 |
11 |
||
Disposals1 |
−19 |
−269 |
0 |
−288 |
||
Reclassifications under IFRS 51 |
0 |
0 |
0 |
0 |
||
Transfers |
−1 |
1 |
0 |
0 |
||
As of 30/9/2014 |
51 |
19 |
2 |
72 |
||
Impairment losses |
|
|
|
|
||
As of 1/10/2012 |
13 |
1 |
0 |
14 |
||
Currency translation |
0 |
0 |
0 |
0 |
||
Additions, scheduled |
0 |
0 |
0 |
0 |
||
Additions, non-scheduled |
0 |
0 |
0 |
0 |
||
Disposals1 |
0 |
0 |
0 |
0 |
||
Reclassifications under IFRS 51 |
0 |
0 |
0 |
0 |
||
Reversals of impairment losses |
0 |
0 |
0 |
0 |
||
Transfers |
0 |
0 |
0 |
0 |
||
As of 31/12/2012 / 1/1/2013 |
13 |
1 |
0 |
14 |
||
Currency translation |
0 |
0 |
0 |
0 |
||
Additions, scheduled |
0 |
0 |
0 |
0 |
||
Additions, non-scheduled |
0 |
0 |
0 |
0 |
||
Disposals1 |
0 |
0 |
0 |
0 |
||
Reclassifications under IFRS 51 |
0 |
0 |
0 |
0 |
||
Reversals of impairment losses |
0 |
0 |
0 |
0 |
||
Transfers |
−1 |
0 |
0 |
−1 |
||
As of 30/9 / 1/10/2013 |
13 |
1 |
0 |
14 |
||
Currency translation |
0 |
0 |
0 |
0 |
||
Additions, scheduled |
0 |
0 |
0 |
0 |
||
Additions, non-scheduled |
0 |
0 |
0 |
0 |
||
Disposals1 |
−13 |
0 |
0 |
−13 |
||
Reclassifications under IFRS 51 |
0 |
0 |
0 |
0 |
||
Reversals of impairment losses |
0 |
0 |
0 |
0 |
||
Transfers |
0 |
0 |
0 |
0 |
||
As of 30/9/2014 |
0 |
1 |
0 |
1 |
||
Carrying amount at 1/10/2012 |
58 |
193 |
1 |
252 |
||
Carrying amount at 31/12/2012 |
47 |
199 |
2 |
247 |
||
Carrying amount at 30/9/2013 |
52 |
266 |
2 |
319 |
||
Carrying amount at 30/9/2014 |
51 |
18 |
2 |
71 |
||
Of the disposals of investments amounting to €269 million, €246 million concern the sale of a 9 per cent stake in Booker Group PLC. These shares were gained as part of the agreement regarding the sale of METRO GROUP's wholesale business in the United Kingdom.
| Download XLS (25KB) |
€ million |
Investments accounted for using the equity method |
||
|
|||
Acquisition or production costs |
|
||
As of 1/10/2012 |
57 |
||
Currency translation |
0 |
||
Additions to consolidation group |
0 |
||
Additions |
35 |
||
Disposals1 |
0 |
||
Reclassifications under IFRS 51 |
0 |
||
Transfers |
0 |
||
As of 31/12/2012 / 1/1/2013 |
92 |
||
Currency translation |
0 |
||
Additions to consolidation group |
0 |
||
Additions |
44 |
||
Disposals1 |
−4 |
||
Reclassifications under IFRS 51 |
0 |
||
Transfers |
0 |
||
As of 30/9 / 1/10/2013 |
132 |
||
Currency translation |
0 |
||
Additions to consolidation group |
0 |
||
Additions |
2 |
||
Disposals1 |
−39 |
||
Reclassifications under IFRS 51 |
0 |
||
Transfers |
0 |
||
As of 30/9/2014 |
95 |
||
Impairment losses |
|
||
As of 1/10/2012 |
0 |
||
Currency translation |
0 |
||
Additions, scheduled |
0 |
||
Additions, non-scheduled |
1 |
||
Disposals1 |
0 |
||
Reclassifications under IFRS 51 |
0 |
||
Reversals of impairment losses |
−1 |
||
Transfers |
0 |
||
As of 31/12/2012 / 1/1/2013 |
0 |
||
Currency translation |
0 |
||
Additions, scheduled |
0 |
||
Additions, non-scheduled |
0 |
||
Disposals1 |
0 |
||
Reclassifications under IFRS 51 |
0 |
||
Reversals of impairment losses |
0 |
||
Transfers |
0 |
||
As of 30/9 / 1/10/2013 |
0 |
||
Currency translation |
0 |
||
Additions, scheduled |
0 |
||
Additions, non-scheduled |
0 |
||
Disposals1 |
0 |
||
Reclassifications under IFRS 51 |
0 |
||
Reversals of impairment losses |
0 |
||
Transfers |
0 |
||
As of 30/9/2014 |
0 |
||
Carrying amount at 01/10/2012 |
57 |
||
Carrying amount at 31/12/2012 |
92 |
||
Carrying amount at 30/9/2013 |
132 |
||
Carrying amount at 30/9/2014 |
95 |
||
The following table gives a summary of the financial information related to the main investments accounted for using the equity method:
| Download XLS (24KB) |
|
Closing date |
Share |
Total assets |
Total liabilities |
Net assets |
Profit or loss |
Group’s share of net assets |
Carrying amounts |
Group’s share of profit |
Habib METRO Pakistan (Pvt) Ltd (associated company) |
30/6/2014 |
40.00 |
67 |
3 |
64 |
4 |
26 |
45 |
2 |
OPCI FRENCH WHOLESALE PROPERTIES – FWP (associated company) |
30/9/2014 |
4.99 |
265 |
107 |
158 |
11 |
8 |
8 |
2 |
OPCI FRENCH WHOLESALE STORES – FWS (associated company) |
30/9/2014 |
25.00 |
256 |
105 |
151 |
11 |
38 |
39 |
3 |
The share of the company OPCI FRENCH WHOLESALE PROPERTIES – FWP was reduced by 25.74 per cent to 4.99 per cent in financial year 2013/14. METRO GROUP’s representation on the supervisory board of OPCI FRENCH WHOLESALE PROPERTIES – FWP ensures that significant influence will be maintained and accounted for according to the equity method.