3 Financial non-current assets
2023 | 2022 | |
Investments in associates | 15,592 | 16,919 |
Deferred tax asset | 162 | 110 |
Total | 15,754 | 17,029 |
The item deferred tax asset pertains to the difference between the fiscal and commercial carrying values of property, plant and equipment and intangible fixed assets. In fiscal terms, assets cannot be deprecated more quickly than over five years, while some assets have a shorter commercial depreciation term.
The movements in the associated companies included in the financial fixed assets were as follows:
Book value 31-12-2022 | Deposit/ | Dividend | Result 2023 | Book value 31-12-2023 | |
Bouwinvest Dutch Institutional Residential Fund N.V. (0.2%) | 12,130 | - | (270) | (756) | 11,104 |
Bouwinvest Dutch Institutional Retail Fund N.V. (0.2%) | 2,243 | - | (95) | 77 | 2,225 |
Bouwinvest Dutch Institutional Office Fund (0.2%) | 2,546 | - | (64) | (218) | 2,264 |
Total | 16,919 | - | (429) | (897) | 15,592 |
Book value 31-12-2021 | Deposit/ | Dividend | Result 2022 | Book value 31-12-2022 | |
Bouwinvest Dutch Institutional Residential Fund N.V. (0.2%) | 12,296 | - | (234) | 69 | 12,130 |
Bouwinvest Dutch Institutional Retail Fund N.V. (0.2%) | 2,106 | - | (85) | 222 | 2,243 |
Bouwinvest Dutch Institutional Office Fund N.V. (0.2%) | 2,700 | - | (96) | (58) | 2,546 |
Total | 17,102 | - | (415) | 232 | 16,919 |