Financial fixed assets
Changes in financial fixed assets were as follows:
|€ x 1,000||€ x 1,000|
|Balance at 1 January||454,093||417,200|
|Profit of participating interests||46,627||-9,542|
|Received dividend participating interests||-||-|
|Actuarial gains and losses||-666||18|
|Reclassification subsidiary to provision||4.20.5||-72,857||63,506|
|Repayments of semi-permanent loans||-||-21,532|
|Loans to group companies|
|Balance at 1 January||43,737||43,127|
The long-term loans to group companies are provided as long-term financing and are interest-bearing with an interest rate of 2.7% (2019: 2.6%).
The 2020 consolidated financial statements include Accell Group N.V., in Heerenveen, as well as the financial information of the following companies:
Subsidiaries that are immaterial to the consolidated financial statements are not included in the overview above. A complete list of subsidiaries is filed with the Trade Register of the Chamber of Commerce in Leeuwarden, The Netherlands.