- Income Statement
- Balance Sheet
- Cash Flow Statement
- Statement of Changes in Equity
- Segment Reporting
- Notes
- Basis of accounting
- Income Statement Disclosures
- Balance Sheet Disclosures
- 26 Intangible assets
- 27 Property, plant and equipment
- 28 Investment property
- 29 Non-current financial assets
- 30 Other non-current assets
- 31 Deferred taxes
- 32 Inventories
- 33 Income tax assets and obligations
- 34 Receivables and other assets
- 35 Receivables and other securities from financial services
- 36 Financial instruments
- 37 Cash and cash equivalents
- 38 Assets held for sale and liabilities associated with assets held for sale
- 39 Issued capital
- 40 Other reserves
- 41 Retained earnings
- 42 Equity attributable to Deutsche Post AG shareholders
- 43 Minority interest
- 44 Provisions for pensions and other employee benefits
- 45 Other provisions
- 46 Financial liabilities
- 47 Other liabilities
- 48 Trade payables
- 49 Liabilities from financial services
- Cash Flow Disclosures
- Other Disclosures
- Responsibility Statement
- Auditor's Report
29 Non-current financial assets
| €m | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2007 | 2008 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments in associates | 203 | 61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other non-current financial assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Available-for-sale financial assets |
733 | 427 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Held-to-maturity financial assets |
10 | 10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans |
114 | 137 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-current financial assets | 1,060 | 635 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Write-downs on other equity investments amounting to €30 million (previous year: €4 million) were included in the income statement because they were impaired.
Compared with the market rates of interest prevailing at 31 December 2008 for comparable financial assets, most of the housing promotion loans are low-interest or interest-free loans. They are recognised in the balance sheet at a present value of €19 million (previous year: €18 million). The principal amount of these loans totals €24 million (previous year: €25 million). As in the previous year, investments in associates and other investees were not subject to restraints on disposal.
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