97 / 144
15 Investments in associated companies
Investments in associated companies comprise the 49% share in SHN CO., Ltd., Daegu, Korea,
the 30% share in SRN Sound Proof Co., Ltd., Chonburi, Thailand, and the 25% share in Wuhan
Nittoku Autoneum Sound-Proof Co. Ltd., Wuhan, China. The investments are measured using
the equity method. The net book value of investments in associated companies changed as follows:
CHF million
2016
2015
Net book value at January 1
8.3
6.4
Additions
–
0.5
Share of profit
3.1
1.9
Dividends received
–0.4
–
Currency translation adjustment
–0.1
–0.4
Net book value at December 31
11.0
8.3
16 Financial assets
CHF million
31.12.2016 31.12.2015
Investments in non-consolidated companies
34.4
21.1
Loans
5.7
7.1
Other financial assets
3.4
7.2
Total non-current portion
43.5
35.3
Loans
0.5
0.7
Marketable securities
–
0.1
Time deposits with original maturities between 3 and 12 months
1.5
–
Total current portion
1.9
0.8
17 Other assets
CHF million
31.12.2016 31.12.2015
Other receivables
46.0
33.7
Total non-current portion
46.0
33.7
Non-income tax receivables
29.0
26.1
Deferred expenses and accrued income
6.5
9.9
Advance payments to suppliers
4.6
5.3
Fair value of derivative financial instruments
0.3
0.7
Other receivables
22.8
35.3
Total current portion
63.3
77.4
93
Autoneum
Financial Report 2016
Consolidated Financial Statements