[21] Equity-accounted investments
The KION Group reported equity-accounted investments with a total carrying amount of €78.8 million as at December 31, 2020 (December 31, 2019: €84.5 million).
Following the impairment loss of €10.7 million recognized on the long-term equity investment in Linde Hydraulics GmbH & Co. KG in 2020, the carrying amount of the equity-accounted investments as at the reporting date mainly resulted from the shares (45.0 percent) in Linde Leasing GmbH, the shares (45.0 percent) in Linde High Lift Chile S.A., the shares (50.0 percent) in JULI Motorenwerk s.r.o., and the shares (34.0 percent) in Normandie Manutention SAS. The associates and joint ventures can be seen in the list of shareholdings (see note [49]). Their financial information is summarized below:
in € million |
2020 |
2019 |
|---|---|---|
Total carrying amount |
40.3 |
49.6 |
|
|
|
Profit (+) / loss (–) from continuing operations |
–8.3 |
6.8 |
Other comprehensive (loss) income |
–4.4 |
0.2 |
Total comprehensive (loss) income |
–12.7 |
7.0 |
in € million |
2020 |
2019 |
|---|---|---|
Total carrying amount |
38.5 |
34.9 |
|
|
|
Profit (+) / loss (–) from continuing operations |
6.1 |
5.4 |
Other comprehensive (loss) income |
0.2 |
–0.1 |
Total comprehensive income |
6.4 |
5.2 |
The amounts in the tables are based on the share held by the KION Group in the relevant associate or joint venture.