3. Financial assets
|
Shares in subsidiaries |
Receivables from subsidiaries |
Other participating interests |
Total |
|
|
As at 1 January 2024 |
633,972 |
126,174 |
176,819 |
936,965 |
|
Net result for the year |
90,464 |
- |
(77,188) |
13,276 |
|
Dividends |
(135,748) |
- |
- |
(135,748) |
|
Investments |
135 |
4,014 |
8,405 |
12,554 |
|
Movements in hedge reserves |
- |
- |
(26,345) |
(26,345) |
|
Remeasurements of post-employment benefit obligations |
(13,791) |
- |
- |
(13,791) |
|
Exchange rate differences |
14,856 |
- |
(683) |
14,173 |
|
As at 31 December 2024 |
589,888 |
130,188 |
81,008 |
801,084 |
|
Net result for the year |
192,579 |
- |
(570) |
192,009 |
|
Dividends |
(160,302) |
- |
- |
(160,302) |
|
Investments |
- |
169,721 |
- |
169,721 |
|
Disposal |
- |
- |
(80,389) |
(80,389) |
|
Reclassifications |
39,934 |
(19,773) |
- |
20,161 |
|
Remeasurements of post-employment benefit obligations |
(11,873) |
- |
- |
(11,873) |
|
Exchange rate differences |
(16,789) |
- |
- |
(16,789) |
|
As at 31 December 2025 |
633,437 |
280,136 |
49 |
913,622 |
The disposal of other participating interests in 2025 and the net result recognised in 2024 relate to Invesis (Note 22). Refer to Other Information (Note 8.4), for the list of principal subsidiaries, joint ventures and associates.
The 2025 investment in receivables from subsidiaries reflects a cash withdrawal by division NL as part of its internal funding arrangements with the Group.
