7.3 Investments accounted for using the equity method The Group’s investments accounted for using the equity method comprise investments in associates and joint ventures. EUR m Holdings in associates Holdings in joint ventures Total
31 Dec. 2019
31 Dec. 2018
139.6
138.5
26.8
240.2
166.4
378.7
The following associates and joint ventures were accounted for using the equity method at the reporting date: Interest (%) Energieallianz Austria GmbH, Wienerbergstrasse 11, 1100 Vienna Wien Energie Vertrieb GmbH & Co KG, Thomas-Klestil-Platz 14, 1030 Vienna
31 Dec. 2019 45%
The following investments were not accounted for using the equity method as at 31 December 2019 due to immateriality: Interest (%) e&i EDV Dienstleistungsgesellschaft m.b.H., Thomas-Klestil-Platz 13, 1030 Vienna
31 Dec. 2018 45%
31 Dec. 2019
31 Dec. 2018
50%
50%
Kraftwerk Nussdorf Errichtungs- und Betriebs GmbH, Am Hof 6a, 1010 Vienna
33.33%
33.33%
Kraftwerk Nussdorf Errichtungs- und Betriebs GmbH & Co KG, Am Hof 6a, 1010 Vienna
33.33%
33.33%
EVN-Wien Energie Windparkentwicklungs- und Betriebs GmbH, Thomas-Klestil-Platz 14, 1 030 Vienna
50%
50%
100%
100%
Naturkraft Energievertriebsgesellschaft m.b.H., Wienerbergstrasse 11, 1100 Vienna
45%
45%
*
Switch Energievertriebsgesellschaft m.b.H., Wienerbergstrasse 11, 1100 Vienna
45%
45%
*
EVN-Wien Energie Windparkentwicklungs- und Betriebs GmbH & Co KG, Thomas-Klestil-Platz 14, 1030 Vienna
50%
50%
*
PAMA-GOLS Windkraftanlagenbetriebs GmbH, Kasernenstrasse 9, 7000 Eisenstadt
50%
50%
PAMA-GOLS Windkraftanlagenbetriebs GmbH & Co KG, Kasernenstrasse 9, 7000 Eisenstadt
50%
50%
Bestatterakademie GmbH, Simmeringer Hauptstrasse 339, 1110 Vienna
49%
49%
EPZ Energieprojekt Zurndorf GmbH & Co KG, Kasernenstrasse 9, 7000 Eisenstadt
42.4%
42.4%
EP Zurndorf GmbH, Kasernenstrasse 9, 7000 Eisenstadt
EAA 24x7 GmbH (under liquidation), Wienerbergstrasse 11, Twin Tower Ost, Top 11, 1100 Vienna Verbund Innkraftwerke GmbH, Innwerkkanal, 84513 Töging
45% 13%
45% 13%
* Wholly-owned subsidiary of Energieallianz Austria GmbH
Wien Energie GmbH is a limited partner in, and participates fully in the assets and profits of Wien Energie Vertrieb GmbH & Co KG. Energie Allianz Austria GmbH is a general partner without investment. On the basis of the agreements applying to Energieallianz Austria GmbH, Wien Energie Vertrieb GmbH & Co KG is under joint control. In accordance with IFRS 11, the latter is therefore accounted for using the equity method. In addition, due to contractual agreements, Energie Allianz Austria GmbH is a joint arrangement in the meaning of IFRS 11 and is also accounted for using the equity method. Both companies’ reporting date is 30 September; Energie Allianz Austria GmbH is included in the consolidated financial statements on the basis of IFRS financial statements as at 30 September, and Wien Energie Vertrieb GmbH & Co KG is included on the basis of IFRS financial statements as at 31 December.
44
Wien Energie GmbH’s 13% interest (unchanged from the previous year) in Verbund Innkraftwerke is accounted for using the equity method due to contractual arrangements that mean Wien Energie GmbH is able to exercise significant influence over the investee.
42.4%
42.4%
Aspern Smart City Research GmbH, Seestadtstrasse 27/2, 1220 Vienna
49.95%
49.95%
Aspern Smart City Research GmbH & Co KG, Seestadtstrasse 27/2, 1220 Vienna
49.95%
49.95%
ARGE Parkplatz Verteilerkreis Favoriten, Verteilerkreis Favoriten, 1100 Vienna
50%
50%
Telereal Telekommunikationsanlagen GmbH, Mollardgasse 8/19, 1060 Vienna
25%
25%
Diggers Research GmbH, Peterdorf 49, 8842 St. Peter am Kammersberg
20%
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