18 Financial assets
CHF thousand |
31.12.2021 |
31.12.2020 |
|
|
|
Financial assets |
57,950 |
66,722 |
AKEB Aktiengesellschaft für Kernenergiebeteiligungen |
6,300 |
6,300 |
Kraftwerke Hinterrhein AG |
6,500 |
6,500 |
Loans receivable |
3,126 |
10,894 |
Non-current securities |
8,931 |
5,132 |
Fixed term deposits |
33,093 |
37,896 |
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.
The investment in tiko Energy Solutions AG, which was fully impaired as at 31 December 2020, was sold in the second half of 2021 (see Note 13).
The loans receivable relate to loans to associates and joint ventures amounting to CHF 437 thousand (prior year: CHF 8,623 thousand). Accumulated impairments of CHF 4,649 thousand (prior year: CHF 1,833 thousand) were recognised under this item (see Note 17).