Econocom - 2019 Universal registration document

06 consolidated financial statements

notes to the consolidated financial statements

Maturity of long-term financial assets

1 to 5 ژ years

Beyond 5 ژ years Indefinite

Total

2019 in € millions

- ژ - ژ

- ژ ژ - - ژ - ژ

5.3 0.5

5.3 0.5

Investments in non-consolidated companies

Investments in associates and joint ventures

13.0

- ژ

13.0

Guarantees given to factors

- ژ

8.5

8.5 5.7

Other investments

3.9

1.8 1.8

- ژ

Other guarantees and deposits

Total

16.9

41.2

32.9

1 to 5 ژ years

Beyond 5 ژ years Indefinite

Total

2018 in € ڳ millions

- -

- - - -

2.6 0.4

2.6 0.4 12.4

Investments in non-consolidated companies

Investments in associates and joint ventures

12.4

-

Guarantees given to factors

-

5.9

5.9 6.3

Other investments

1.9

4.4 4.4

-

Other guarantees and deposits

Total

14.3

8.9

27.7

Other long-term receivables 10.4.

31 ژ Dec. 2019 31 ژ Dec. 2018*

in € ڳ millions

4.6 9.0

7.8 7.4

Government grants

Other long-term receivables

Other receivables 15.2 In accordance with the specifications of the standards, data at 31 December 2018 are not restated for the impact * of the application of IFRS 5 from 1 January 2019 (see 1.1.1.1). The net amount reclassified at 31 December 2019 to “assets held for sale” was €2.6 million. 13.6

“Government grants” relate to amounts receivable under government grants (including at 31 ژ December 2019: €3.8 ژ million in respect of CICE research tax credits and ژ €0.5 million in respect of CICE competitiveness and employment tax credits). Other receivables relates to loans granted to employees or associates.

The carrying amounts of other nonfinancial assets such as other long-term receivables, are reviewed for impairment at the end of each reporting date. If the carrying amount of these assets exceeds their estimated recoverable amount, an impairment loss is recognised within operating profit.

204 2019 annual report