ANNUAL REPORT 2013

FINANCIALS

16. Financial assets


Investments at fair value through profit and loss


Level 1 Level 3
EUR million 2013 2012 2013 2012
Book value, Jan 1

9.7 8.9
Acquisitions 0.3


Additions

0.1 0.2
Decreases

-0.4
Change in fair value through profit and loss

0.8 0.6
Book value, Dec 31 0.3
10.2 9.7





The investments comprise listed and unlisted shares as well as unlisted funds. Listed shares have been recognized at their fair value based on quotation at the end of the reporting period (fair value hierarchy level 1). Unlisted shares are measured at cost (level 3) since their fair value cannot be determined reliably. The fair value of unlisted funds is based on the market value reported by the fund (level 3). Changes in the fair value are booked in the income statement. For the definition of levels please see the accounting principles in note 1.


Other investments

EUR million

2013 2012
Book value, Jan 1

0.8 1.2
Translation differences

-0.0 -0.0
Acquisitions

3.5
Additions

0.3 0.0
Decreases

-0.8 -0.5
Other changes

0.0 0.0
Book value, Dec 31

3.9 0.8





Other investments comprise of non-current receivables and they are measured at the lower of cost and fair value (level 3).


Cash and cash equivalents

EUR million

2013 2012
Cash at bank

9.7 16.4
Total, Dec 31

9.7 16.4