Accounting Policy

In accordance with the concept of materiality, certain companies which are insignificant have not been included in the consolidation scope. They are measured at cost and tested for impairment on an annual basis, which is considered a good proxy of their fair value. For more information, refer to Principles of consolidation.

In € million

 

2018

 

2017

Carrying amount at January 1

 

47

 

54

Disposals

 

(2)

 

(1)

Capital increase

 

1

 

 

Changes of consolidation method

 

(2)

 

 

Impairments

 

(3)

 

(6)

Other

 

 

 

(1)

Carrying amount at December 31

 

41

 

47

The line “Changes in consolidation method” includes entities that are no longer below materiality thresholds and that start being accounted for as subsidiaries, joint operations, joint ventures, or associates.