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).

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