175
(in millions of Euro)
31 December 2013 31 December 2012
Opening balance
14
6
Movements in 2013:
-
-
- Business combinations
-
-
- Currency translation differences
1
-
- Acquisitions
-
-
- Disposals
-
-
- Other
-
- Increase due to deconsolidation of net assets of Ravin Cables Limited
-
9
- Release of equity reserve upon disposals and other movements
-
(1)
Total movements
1
8
Closing balance
15
14
Movements in available-for-sale financial assets are detailed as follows:
Available-for-sale financial assets comprise:
Available-for-sale financial assets are denominated in the following currencies:
(in millions of Euro)
Type of financial asset
% owned by
31 December 2013 31 December 2012
the Group
Ravin Cables Limited
unlisted shares
51.00%
9.00
9.00
Sichuan Huiyuan Optical Communications Co., Ltd.
listed shares
1.05%
1.17
1.15
Tunisie Cables S.A.
unlisted shares
7.55%
0.91
0.91
Zhongtian Technologies Fibre Optics Co.,Ltd.
unlisted shares
1.51%
0.75
0.76
Cesi Motta S.p.A.
unlisted shares
6.48%
0.59
0.59
Medgrid SAS
unlisted shares
5.46%
0.50
0.40
Zhejiang Futong Optical Fibre Technologies Co., Ltd.
unlisted shares
2.63%
0.35
0.36
Voltimum S.A.
unlisted shares
13.71%
0.27
0.27
Wuhan Steel & Electricity Co.,Ltd.
unlisted shares
0.08%
0.10
0.10
Líneas de Transmisión del Litoral S.A.
unlisted shares
5.50%
0.04
0.02
Other
1.22
0.90
Total
14.90
14.46
(in millions of Euro)
31 December 2013 31 December 2012
Euro
2
2
Tunisian Dinar
1
1
Chinese Renminbi [Yuan]
3
2
Indian Rupee
9
9
Total
15
14
