[22] Other financial assets

The breakdown of other financial assets of €113.2 million (31 December 2017: €176.1 million) is shown in > TABLE 078.

Other financial assets

 

078

in € million

2018

2017

Investments in non-consolidated subsidiaries and other investments

36.0

Financial investments

5.2

Loans receivable

2.2

Financial receivables

1.1

Other financial investments

21.0

18.9

Derivative financial instruments

1.0

Sundry other financial assets

1.4

Other non-current financial assets

29.8

57.1

 

 

 

Derivative financial instruments

8.9

30.0

Financial receivables

34.7

30.3

Sundry other financial assets

39.8

58.7

Other current financial assets

83.4

119.0

 

 

 

Total other financial assets

113.2

176.1

The financial investments essentially comprise the equity investment in Balyo SA of €5.2 million. This equity investment, which has been assigned to the FVOCI category under IFRS 9 owing to the strategic partnership with the company, is now recognised at fair value through other comprehensive income without recycling to profit or loss upon disposal. As at 31 December 2017, this financial investment had been included under non-consolidated subsidiaries and other equity investments in an amount of €11.7 million.

As of 1 January 2018, the non-consolidated equity investments and the other equity investments not accounted for under the equity method are reported as other non-current assets (see note [23]).

Other financial investments comprise long-term investments that are held in order to cover the defined benefit obligation and do not qualify as plan assets.