Annual Report and Consolidated Account
014
191
10. FINANCIAL INVESTMENTS
The details on financial investments on 31 December 2014 and 2013 are as follows:
Dec. 2014
Dec. 2013
Financial investments:
Financial investments in subsidiaries
and associates - equity method
(1)
2.448.856
2.497.788
Other financial investments
370.058
354.700
2.818.914
2.852.488
Accumulated impairment losses
-
-
2.818.914
2.852.488
(1) Change in the year 2014 (restated in 2013) are due to the application of the equity method (note 2.1) to the jointly controlled subsidiary UQ
Consult, as described in Note 5. Variation of the year, according to the consolidated statement of comprehensive income in the amount
of - 48 935 eur. The value of the financial investment has included goodwill of 2.168.982 eur.
The other financial investments concern investments (bellow 20%) in non listed companies.
11. OTHER NON-CURRENT ASSETS
The details on other non-current assets on 31 December 2014 and 2013 are as follows:
Dec. 2014
Dec. 2013
Clients and other debtors
(1)
1.646.326
1.632.344
Other non-current assets
1.646.326
1.632.344
Accumulated impairment losses
158.512
-
1.487.814
1.632.344
(1) Mainly Spain subsidiaries long term deposits and bails and also franchising debts concerning fixed assets lent in subsidiary Vidisco, with a
payment agreement. At the end of the year 2014 the amount in debt is of 116 monthly fees of 5.942 euros each, which bear interest of 6.25%,
the last payment is on 31
st
August, 2024.
