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Section 5 Financing, financial risk management and financial instruments

Home annual report 2020 Financial statements Financial statements

22. Other non-current financial assets, including investments

The interest in Eurofima is measured at fair value. The net asset value of this interest was used as the best approximation of fair value. This has not resulted in a revaluation of this interest as at 31 December 2020.

23. Equity

See the consolidated statement of changes in equity for the movements in equity.

24. Loans and other financial liabilities, including derivatives

This note contains information concerning the contractual provisions for the Group's interest-bearing loans and other financial liabilities that are measured at amortised cost.

25. Financial instruments – Risk management and fair value

Because financial instruments are used, the Group is exposed to the following risks:

26. Net financing result

The other financial income of €38 million relates to changed estimates regarding future dividend cash flows payable in connection with the minority interest Abellio East Anglia Ltd (see note on minority interests).