[21] Equity-accounted investments
The KION Group reported equity-accounted investments with a total carrying amount of €84.3 million as at December 31, 2021 (December 31, 2020: €78.8 million).
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 (50.0 percent) in JULI Motorenwerk s.r.o., the shares (45.0 percent) in Linde High Lift Chile S.A., 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 |
2021 |
2020 |
|---|---|---|
Total carrying amount |
40.8 |
40.3 |
|
|
|
Profit (+) / loss (–) from continuing operations |
8.4 |
–8.3 |
Other comprehensive income (loss) |
0.3 |
–4.4 |
Total comprehensive income (loss) |
8.8 |
–12.7 |
In 2020, the loss from continuing operations had included the impairment loss of €10.7 million on the equity investment in the associate Linde Hydraulics GmbH & Co. KG (see note [12]).
in € million |
2021 |
2020 |
|---|---|---|
Total carrying amount |
43.5 |
38.5 |
|
|
|
Profit (+) / loss (–) from continuing operations |
4.6 |
6.1 |
Other comprehensive income |
1.1 |
0.2 |
Total comprehensive income |
5.8 |
6.4 |
The amounts in the tables are based on the share held by the KION Group in the relevant associate or joint venture.