17. Investments

 

 

30.09.2021
EUR 1,000

 

30.09.2020
EUR 1,000

Shares in affiliated companies

 

1,580.7

 

1,480.5

Shares in companies consolidated at equity

 

233,868.9

 

211,982.1

Other investments

 

29,255.3

 

27,107.8

 

 

264,704.9

 

240,570.4

The Cash Flow Statement includes dividends from entities consolidated at-equity in the amount of EUR 7,407.2 thousand (previous year: EUR 7,775.9 thousand).

The expected future payment surpluses of Wels Strom GmbH are increased as a result of the expanded district heat generation by a waste incineration plant, the leveraging of synergy effects by transferring the operations management for hydroelectric power, as well as restructuring measures. An impairment reversal of EUR 15,394.4 thousand was recognised in the 2020/2021 fiscal year. The discount rate is 4% and the respective fair value amounts to EUR 42,815.7 thousand.

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