Note 39 Investments in subsidiaries and associates
€ million |
Investments in subsidiaries |
Investments in associates |
Total |
Carrying amount as at 1 January 2023 |
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 |
Movements 2024 |
|||
Dividends received |
-1 |
- |
-1 |
Result for the year |
900 |
- |
900 |
Issue of share capital |
6 |
- |
6 |
Other changes |
- |
- |
- |
Total |
905 |
- |
905 |
Carrying amount as at 31 December 2024 |
4,148 |
1 |
4,149 |
In 2024, Alliander received €1 million (2023: €19 million) in dividend from a subsidiary. The addition to share capital of €6 million in 2024 relates to payments of capital invested in the subsidiaries of Alliander N.V. (2023: €211 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.