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 1.1.2025 | Currency translation | Changes in the consolidated group | Additions | Transfers | Disposals | Impairment losses/ Reversal of impairment losses | Balance as at 31.12.2025 |
Investments in subsidiaries | 105,209 | 36 | -24,630 | 24,198 | 534 | -2,722 | -3,403 | 99,222 |
Investments | 126,557 | 223 | 0 | 1,794 | 10,214 | -17,063 | -10,692 | 111,033 |
Other investments | 231,766 | 259 | -24,630 | 25,992 | 10,748 | -19,785 | -14,095 | 210,255 |
The development of the other investments in the previous 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 |