18 Financial assets

 

31.12.2018

31.12.2017

CHF thousand

 

 

 

 

 

Financial assets

45,440

62,783

AKEB Aktiengesellschaft für Kernenergiebeteiligungen

6,300

6,300

Kraftwerke Hinterrhein AG

6,500

6,500

Loans receivable

5,989

6,516

Non-current securities

4,074

3,387

Employer contribution reserves

68

80

Fixed term deposits

22,509

40,000

Repower holds interests of 7.0 per cent and 6.5 per cent respectively in the partner plants AKEB Aktiengesellschaft für Kernenergie-Beteiligungen, Lucerne, and Kraftwerke Hinterrhein AG, Thusis. These investments are carried at acquisition cost.

The active loans relate to loans to associates and joint ventures. Accumulated impairments of CHF 19,404 thousand (prior year: CHF 15,530 thousand) were recognised under this item (see Note 17).

Information on the development of the employer contribution reserve account can be found in Note 34.