19 Other investments

The other investments in companies include investments in subsidiaries, associated companies, joint ventures and other investments which, being immaterial, are reported as not consolidated and are not included at equity in the consolidated financial statements. Detailed information on the group’s investments (shares of more than 20%) can be found in the list of investments, which is included in the annual financial report.

The development of the other investments in the financial year was as follows:

T€

Balance as at 1.1.2024

Currency translation

Changes in the consoli­dated group

Additions

Transfers

Disposals

Impair­ment losses/ Reversal of impairment losses

Balance as at 31.12.2024

Investments in subsidiaries

96,430

-138

4,033

15,614

97

-2,657

-8,170

105,209

Investments

122,150

-188

11

14,887

-97

-3,918

-6,288

126,557

Other investments

218,580

-326

4,044

30,501

0

-6,575

-14,458

231,766

The development of the other investments in the previous financial year was as follows:

T€

Balance as at 1.1.2023

Currency translation

Changes in the consoli­dated group

Additions

Transfers

Disposals

Impair­ment losses/ Reversal of impair­ment losses

Balance as at 31.12.2023

Investments in subsidiaries

92,929

-827

11,605

6,380

0

-10,274

-3,383

96,430

Investments

105,072

498

4,118

11,771

0

-699

1,390

122,150

Other investments

198,001

-329

15,723

18,151

0

-10,973

-1,993

218,580