|
|
2023 |
|
2022 |
|---|---|---|---|---|
Listed equity investments |
|
|
|
|
Andfjord Salmon AS |
|
‐ |
|
16 |
Total |
|
‐ |
|
16 |
Non-listed equity investments |
|
|
|
|
Total |
|
2 |
|
2 |
Total other financial investments |
|
2 |
|
17 |
As mentioned in the previous note, in 2023 Jerónimo Martins – Agro-Alimentar, S.A. (JMA) increased its stake in Andfjord to 25.1%, meaning that the stake began to be measured in the consolidated financial statements in accordance with the equivalence method assets, no longer recognized in other financial investments.
Non-listed equity investments
The Group elected to classify irrevocably its non-listed equity investments under financial asset designated at fair value through OCI, as the Group considers these investments to be strategic in nature. When the equity instrument fair value cannot be reliably measured, it is recognized at cost.