3 - Financial fixed assets
Participating interests in other associated companies
This relates to:
Amounts in € 1,000 | Interest % | 2021 | 2020 |
UDV Energie Zuideramstel v.o.f. te Hoevelaken | 50% | 35 | 35 |
Combinatie vof Conradhuis | 50% | 3 | 3 |
Pi2M B.V. te 's-Hertogenbosch | 50% | 42 | 38 |
Servicepartners Midden-Holland B.V. te Bodegraven | 33% | 6 | 6 |
Voorst Energie B.V. | 50% | 66 | 0 |
152 | 82 |
Movements in the participating interests in other associated companies were as follows:
Amounts in € 1,000 | 2021 | 2020 |
Balance as at 1 January | 82 | 153 |
Share in result from participating interests | 26 | -7 |
Dividend payment | 0 | -64 |
Mutaties als gevolg van deconsolidatie | 44 | 0 |
Balance as at 31 December | 152 | 82 |
Given the short period between the balance sheet date and the preparation of the financial statements, it was not possible to obtain the finalised financial statements of all the minority holdings. For the purposes of the item ‘participating interests’, the results for the financial year 2021 have therefore been estimated using interim reports and management information.
Receivables from participating interests and other parties
This concerns five loans on which an interest rate of between 2.5% - 5% is charged. Repayments are made by mutual agreement. No further collateral has been furnished. One loan is subordinated with respect to the other creditors of the participating interests in question. This receivable amounts to € 232,000 (2020: € 195,000).
The movements were as follows:
Amounts in € 1,000 | 2021 | 2020 |
Balance as at 1 January | 25 | 0 |
Issued loans | 41 | 25 |
Repayment on loans | -44 | 0 |
Included in consolidation | 113 | 0 |
Change in value of receivables belonging to the fixed assets | 60 | 0 |
Balance as at 31 December | 195 | 25 |