Onze publicaties Annual report 2018 Note 3 Property, plant and equipment Capital expenditure on property, plant and equipment totalled €731 million (2017: €666 million). Lees meer Onze publicaties Annual report 2018 Note 4 Intangible assets There were no investments in intangible assets in 2018 or 2017. The amortisation charge of €2 million mainly relates to the intangible assets of 450connect. Lees meer Onze publicaties Annual report 2018 Note 5 Investments in associates and joint ventures In 2018, Alliander purchased the remaining interest (42%) in the joint venture Locamation, making Locamation a wholly-owned subsidiary. Also in 2018, Plugwise Holding B.V. was wound up. Lees meer Onze publicaties Annual report 2018 Note 6 Investments in bonds Investments in bonds as at year-end 2018 comprises investments in a debt instrument issued by a large financial institution which serves to cover obligations arising from two cross-border lease contracts (2017: €193 million). Lees meer Onze publicaties Annual report 2018 Note 7 Other financial assets (including current portion) The loans granted in 2018 include a receivable from Meridiam amounting to €26 million. For further disclosures, reference is made to note [22]. Lees meer Onze publicaties Annual report 2018 Note 8 Derivatives Derivatives are measured at fair value. Lees meer Onze publicaties Annual report 2018 Note 9 Inventories The impairment of inventories in 2018 was €1 million (2017: €5 million). Lees meer Onze publicaties Annual report 2018 Note 10 Trade and other receivables At the end of 2017, impairment of trade receivables totalled €9 million (2016: €10 million). The impairment loss on trade receivables recognised in the income statement in 2018 amounted to €2 million (2017: €1 million). Lees meer Onze publicaties Annual report 2018 Note 11 Cash and cash equivalents The effective interest rate on cash and cash equivalents ranged from –0.54% to –0.41% (2017: –0.55% to –0.43%). Cash and cash equivalents are held almost entirely in euros. Lees meer Onze publicaties Annual report 2018 Note 12 Equity The company’s authorised capital is divided into 350 million shares of €5 nominal value. As at year-end 2018, 136,794,964 shares were in issue (2017: 136,794,964). Lees meer Toon meer resultaten