DCSIMG
18 Non-controlling interests - Annual Report 2015 - DSM

18 Non-controlling interests

Table 1

 
2015
2014
 
DNCC Nanjing (CN)
Andre Pectin (CN)
Other
Total
Total
% of non-controlling interest
40%
71%
     
           
Balance at 1 January
76
51
86
213
188
           
Changes:
         
- Share of profit/charged to income statement
5
2
(3)
4
(46)
- Acquisitions
-
-
-
-
45
- Capital payments
-
-
1
1
4
- Dividend paid
-
-
(13)
(13)
(6)
- New loans
-
-
-
-
-
- Disposals
(87)
-
(39)
(126)
-
- Consolidation changes
(2)
-
-
(2)
-
- Reclassification to held for sale
-
-
-
-
-
- Transfers
-
-
-
-
-
- Exchange differences
8
3
3
14
28
- Other
-
-
(1)
(1)
-
           
Subtotal changes
(76)
5
(52)
(123)
25
           
Balance at 31 December
-
56
34
90
-

The decrease in the non-controlling interests mainly relates to the disposal of the Bulk Chemicals activities, which includes the caprolactam, acrylonitrile and composite resins business. The non-controlling interests part of this disposal relates to DNCC Nanjing (€87 million), Sitech Services (€26 million), Jingling DSM Resins (€7 million) and Georgia Monomers Company (€6 million).

Table 2: Not fully-owned subsidiaries on a 100% basis

Not fully-owned subsidiaries on a 100% basis
 
DNCC Nanjing (CN)
Andre Pectin (CN)
Other
 
20151
2014
2015
2014
2015
2014
             
Assets
           
Intangible assets
-
6
29
30
32
39
Property, plant and equipment
-
320
31
33
176
242
Other non-current assets
-
13
-
-
20
14
Inventories
-
28
21
13
17
32
Receivables
-
87
27
26
34
65
Cash and cash equivalents
-
67
4
2
27
40
Other current assets
-
-
-
-
-
-
             
Total assets
-
521
112
104
306
432
             
Liabilities
           
Provisions (non-current)
-
-
4
5
3
2
Borrowings (non-current)
-
166
-
-
23
68
Other non-current liabilities
-
-
-
-
28
29
Provisions (current)
-
-
-
-
-
-
Borrowings and financial derivatives (current)
-
40
12
11
75
54
Other current liabilities
-
127
17
17
46
93
             
Total liabilities
-
333
33
33
175
246
             
Net assets (100% basis)
-
188
79
71
131
186
             
Net sales
409
616
45
31
291
395
Profit for the year
(2)
(14)
3
-
(16)
(13)
Total comprehensive income
(2)
(14)
3
-
(16)
(15)
Operating cash flows
15
33
3
8
   
Dividend paid to non-controlling interests
-
-
-
-
13
6
1 Due to the disposal of the Bulk Chemicals activities only up to and including July 2015