Universal Registration Document 2021

Chapter 6. 2021 Consolidated financial statements

Note 14 Investments in associates

Investments accounted for using the equity method amounted to euro 25 million at December 31, 2021 (versus euro 24 million at December 31, 2020).

(in millions of euros) Value in balance sheet
Amount at January 1, 2020 Amount at January 1, 2020

Value in balance sheet

32
Disposals

Disposals

Value in balance sheet

(1)

Share of profit of associates

Share of profit of associates

Value in balance sheet

(1)

Dividends paid

Dividends paid

Value in balance sheet

(2)

Translation adjustments and other

Translation adjustments and other

Value in balance sheet

(4)

Amount at December 31, 2020 Amount at December 31, 2020

Value in balance sheet

24
Disposals

Disposals

Value in balance sheet

-

Share of profit of associates

Share of profit of associates

Value in balance sheet

0

Dividends paid

Dividends paid

Value in balance sheet

(2)

Translation adjustments and other

Translation adjustments and other

Value in balance sheet

3

Amount at December 31, 2021

Amount at December 31, 2021

Value in balance sheet

25

The following table shows the carrying amount of investments in associates at December 31, 2021:

(in millions of euros) December 31, 2021
Burrell Communications Group

Burrell Communications Group

December 31, 2021

8

On Point Consulting Inc

On Point Consulting Inc

December 31, 2021

6

Somupi SA

Somupi SA

December 31, 2021

4

AG Partners

AG Partners

December 31, 2021

2

Other investments in associates

Other investments in associates

December 31, 2021

5

Amount at December 31, 2021

Amount at December 31, 2021

December 31, 202125

Note 15 Other financial assets

(in millions of euros) December 31, 2021 December 31, 2020
Other financial assets at fair value through profit and loss:

Other financial assets at fair value through profit and loss:

December 31, 2021

 

Other financial assets at fair value through profit and loss:

December 31, 2020

 

  • Venture Capital Funds(1)
  • Venture Capital Funds(1)
December 31, 2021

154

  • Venture Capital Funds(1)
December 31, 2020

110

  • Other
  • Other
December 31, 2021

20

  • Other
December 31, 2020

18

Security deposits

Security deposits

December 31, 2021

32

Security deposits

December 31, 2020

33

Loans to associates and non-consolidated companies

Loans to associates and non-consolidated companies

December 31, 2021

35

Loans to associates and non-consolidated companies

December 31, 2020

34

Sub-lease receivables

Sub-lease receivables

December 31, 2021

21

Sub-lease receivables

December 31, 2020

21

Others

Others

December 31, 2021

37

Others

December 31, 2020

31

Gross value Gross valueDecember 31, 2021299 Gross valueDecember 31, 2020247
Impairment

Impairment

December 31, 2021

(23)

Impairment

December 31, 2020

(15)

Net amount

Net amount

December 31, 2021276

Net amount

December 31, 2020232

(1) These Venture Capital Funds are dedicated to investments in companies that belong to the digital economy.