Onze publicaties Annual report 2017 Note 3 Property, plant and equipment Capital expenditure on property, plant and equipment totalled €666 million (2016: €680 million). Lees meer Onze publicaties Annual report 2017 Note 4 Intangible assets There were no investments in intangible assets in 2017. The amortisation charge of €2 million relates to the intangible assets of 450connect. Lees meer Onze publicaties Annual report 2017 Note 5 Investments in associates and joint ventures in 2017, Alliander disposed of its non-controlling interests in Redstack, The New Motion and Ziut. A book profit of €11 million was achieved on the sale of these interests. Lees meer Onze publicaties Annual report 2017 Note 6 Available-for-sale financial assets Available-for-sale financial assets as at year-end 2017 comprises investments in a debt instrument issued by a large financial institution which serves to cover obligations arising from two cross-border lease contracts (2016: €224 million). Lees meer Onze publicaties Annual report 2017 Note 7 Other financial assets (including current portion) At the end of 2017, in the same way as the previous year, the carrying amount of the other financial assets comprised receivables, loans and capitalised costs denominated in euros. Lees meer Onze publicaties Annual report 2017 Note 8 Derivatives Derivatives are measured at fair value. Lees meer Onze publicaties Annual report 2017 Note 9 Inventories The impairment of inventories in 2017 was €5 million (2016: nil). These losses were mainly recognised in respect of smart meters. Lees meer Onze publicaties Annual report 2017 Note 10 Trade and other receivables At the end of 2016, impairment of trade receivables totalled €10 million (2016: €12 million). The impairment loss on trade receivables recognised in the income statement in 2017 amounted to €1 million (2016: €4 million). Lees meer Onze publicaties Annual report 2017 Note 11 Cash and cash equivalents The effective interest rate on cash and cash equivalents ranged from -0.55% to -0.43% (2016: -0.62% to 0.0%). Cash and cash equivalents are held almost entirely in euros. Lees meer Onze publicaties Annual report 2017 Note 12 Equity The company’s authorised capital is divided into 350 million shares of €5 nominal value. As at year-end 2017, 136,794,964 shares were in issue (2016: 136,794,964). Lees meer Toon meer resultaten