Note 39 Investments in subsidiaries and associates
€ million |
Investments in subsidiaries |
Investments in associates |
Total |
Carrying amount as at 1 January 2022 |
2,670 |
1 |
2,671 |
Movements 2022 |
|||
Dividends received |
-82 |
- |
-82 |
Result for the year |
197 |
- |
197 |
Issue of share capital |
1 |
- |
1 |
Other changes |
1 |
- |
1 |
Total |
117 |
- |
117 |
Carrying amount as at 31 December 2022 |
2,787 |
1 |
2,788 |
Movements 2023 |
|||
Dividends received |
-19 |
- |
-19 |
Result for the year |
264 |
- |
264 |
Issue of share capital |
211 |
- |
211 |
Other changes |
- |
- |
- |
Total |
456 |
- |
456 |
Carrying amount as at 31 December 2023 |
3,243 |
1 |
3,244 |
In 2023, Alliander received €19 million (2022: €82 million) in dividend from a subsidiary. The addition to share capital of €211 million in 2023 relates to payments of capital invested in the subsidiaries of Alliander N.V. (2022: €1 million)
The dividends received from subsidiaries and capital contributions invested in them resulted from the capital restructuring of these companies in line with Alliander’s policy.
The various share capital investments are listed separately under the heading ‘Subsidiaries, associates and joint arrangements’ in the ‘Other information’ part of the report.