Note 5 Investments in associates and joint ventures
|
Associates |
Joint ventures |
Total |
||||
|
€ million |
2024 |
2023 |
2024 |
2023 |
2024 |
2023 |
|
Carrying amount as at 1 January |
2 |
2 |
10 |
14 |
12 |
16 |
|
Movements |
||||||
|
Investments |
- |
- |
2 |
- |
2 |
- |
|
Share in results |
- |
- |
4 |
-2 |
4 |
-2 |
|
Dividend and other movements |
-2 |
- |
-4 |
-2 |
-6 |
-2 |
|
Total |
-2 |
- |
2 |
-4 |
- |
-4 |
|
Carrying amount as at 31 December |
- |
2 |
12 |
10 |
12 |
12 |
The investments in 2024 relate to payments of share premium.
Profit after tax for associates and joint ventures
|
Associates |
Joint ventures |
Total result |
||||
|
€ million |
2024 |
2023 |
2024 |
2023 |
2024 |
2023 |
|
Share in |
||||||
|
Profit or loss from continuing activities |
- |
- |
4 |
-3 |
4 |
-3 |
|
Profit or loss from discontinued activities |
- |
- |
- |
- |
- |
- |
|
Other comprehensive income |
- |
- |
- |
- |
- |
- |
|
Total comprehensive income |
- |
- |
4 |
-3 |
4 |
-3 |
Alliander has concluded arrangements with associates and joint ventures for granting financing and credit facilities totalling €26 million as at year-end 2024 (2023: €26 million). Under these facilities, an amount of €11 million was drawn down as at 31 December 2024 (2023: €27 million). Additionally, as at year-end 2024, there was a receivable under this heading of €16 million in relation to current account facilities (2023: receivable of €14 million).