24 Financial Assets

 

 

Dec. 31, 2017

 

Dec. 31, 2018

 

in € million

 

non-current

 

current

 

non-current

 

current

 

 

 

 

 

 

 

 

 

 

 

Joint venture investments valued at equity

 

7.0

 

 

29.1

 

 

Other investments

 

644.7

 

 

792.1

 

 

Loans to other investments

 

33.4

 

 

33.4

 

 

Securities

 

3.6

 

 

4.0

 

 

Other non-current loans

 

4.3

 

 

10.2

 

 

Derivatives

 

5.0

 

0.5

 

20.0

 

0.8

 

 

 

698.0

 

0.5

 

888.8

 

0.8

 

 

 

 

 

 

 

 

 

 

 

The carrying amount of financial assets corresponds to maximum risk of loss as of the reporting date.

The other investments include € 672.8 million (Dec. 31, 2017: € 613.3 million) in shares in Deutsche Wohnen SE and € 87.0 million (Dec. 31, 2017: 0,0 million) in shares in OPPCI Juno, Paris, at .

The loans to other investments not yet due relate to a loan to the property fund DB Immobilienfonds 11 Spree-Schlange von Quistorp KG.

Derivatives include positive market values from cross currency swaps in the amount of € 15.7 million (Dec. 31, 2017: € 5.0 million), together with positive market values in the amount of € 4.3 million (Dec. 31, 2017: € 0.0 million) from embedded derivatives and other interest rate derivatives of Victoria Park.

Fair Value
Valuation pursuant to IAS 40 in conjunction with IFRS 13. The estimated value of an asset. The fair value is the amount for which an asset could be exchanged between knowledgeable, willing parties in an arm’s length transaction.