[12] Share of profit (loss) of equity-accounted investments

The share of profit (loss) of equity-accounted investments amounted to a loss of €2.2 million in the reporting period (2019: profit of €12.1 million).

The stake in Linde Hydraulics GmbH & Co. KG, Aschaffenburg, was written down in 2020 due to the sharp downturn in the company’s business. The impairment loss totaled €10.7 million and affected the Industrial Trucks & Services segment.

Further details on equity-accounted investments can be found in note [21].