The assets and liabilities of connecta ag classified as held for sale on 31 December 2015 (see note on changes in consolidations) and the Ilanz administration building held for sale were disposed of. The proceeds of the sale of the building came to TCHF 9,950, compared with a carrying value of TCHF 3,905. The gain of TCHF 6,045 on the disposal was disclosed under other operating income in other segments and activities.
The process to wind up SEI S.p.A. has been initiated. The assets and liabilities of the company classified as held for sale on 31 December 2015 have been reassigned to their original balance sheet items. The project to build a coal-fired power plant in Saline Joniche was completely amortised in 2013. The carrying value is still zero.
In the first half of 2016 Repower classified its subsidiary Repower Furnizare România S.r.l., part of other segments and activities, as held for sale, and sold it on 22 July 2016. Closing is anticipated in October 2016. The carrying values of the company on 30 June 2016 can be seen from the table below. Translation losses for Repower Furnizare România S.r.l. contained in the Repower Group's equity come to TCHF 3,456.
Assets and liabilities held for sale break down as follows:
| 30.06.2016 | 31.12.2015 | |
|---|---|---|
| Tangible assets | 61 | 7,754 |
| Intangible assets | 285 | 115 |
| Deferred tax assets | 459 | 25 |
| Inventories | 7,779 | 32 |
| Receivables | 25,901 | 415 |
| Accrued income and prepaid expenses | 491 | 96 |
| Cash and cash equivalents | 2,443 | 1,368 |
| Assets held for sale | 37,419 | 9,805 |
| Pension provisions | - | 519 |
| Non-current financial liabilities | 21 | - |
| Current income tax liabilities | - | 121 |
| Current financial liabilities | - | 7,389 |
| Other current provisions | 63 | - |
| Other current liabilities | 21,651 | 1,963 |
| Deferred income and accrued expenses | - | 833 |
| Liabilities held for sale | 21,735 | 10,825 |