Financial assets

 
Subsidiaries
 
Associates
Receivables
Total
Share in equity
Loans
 
Share in equity
Loans
        
Balance at 1 January 2015
8,933
315
 
471
51
3
9,773
        
Changes:
       
- Share in profit
36
-
 
64
-
-
100
- Dividend received
(109)
-
 
(141)
-
-
(250)
- Capital payments
2
-
 
13
-
-
15
- Net actuarial gains/(losses)
(56)
-
 
1
-
-
(55)
- Change in Fair value reserve
8
-
 
-
-
-
8
- Change in Hedging reserve
5
-
 
1
-
-
6
- Exchange differences
519
-
 
22
4
-
545
- New loans
-
-
 
-
3
93
96
- Disposals
(172)
-
 
-
-
-
(172)
- Transfers
(359)
(315)
 
51
(55)
(3)
(681)
        
Balance at 31 December 2015
8,807
-
 
482
3
93
9,385
        
Changes:
       
- Share in profit
465
-
 
(9)
-
-
456
- Dividend received
(27)
-
 
(150)
-
-
(177)
- Capital payments
1
-
 
-
-
-
1
- Net actuarial gains/(losses)
(3)
-
 
-
-
-
(3)
- Change in Fair value reserve
7
-
 
-
-
-
7
- Change in Hedging reserve
1
-
 
-
-
-
1
- Exchange differences
196
-
 
9
-
2
207
- Divestments
-
-
 
128
-
-
128
- Transfers
(14)
-
 
(28)
(3)
15
(30)
        
Balance at 31 December 2016
9,433
-
 
432
-
110
9,975

For movements in Associates see Note 10 to the 'Consolidated financial statements'.

In 2015, transfers and the main part of dividend received and capital payments relate to the restructuring of the legal set-up of financing companies within DSM.

Transfers within Receivables include the earn-out of Patheon of €28 million and the divestment settlements of -€16 million (see Note 11 'Other financial assets' to the Consolidated financial statements.