Note 21 - Other non-current assets
OTHER NON-CURRENT ASSETS
Other non-current assets break down as follows:
| Carrying amount | 31 Dec. 2019 | 31 Dec. 2018 | |||||
|---|---|---|---|---|---|---|---|
| Investments in non-consolidated companies | 43 | 30 | |||||
| Loans and receivables | 111 | 76 | |||||
| Signing fees | - | 85 | |||||
| Derivative financial instruments(*) | - | 5 | |||||
| Total | 154 | 196 | |||||
(*) See note 31.1.
INVESTMENTS IN NON-CONSOLIDATED COMPANIES
Investments in non-consolidated companies include the following:
| 31 Dec. 2019 | 31 Dec. 2018 | ||||||
|---|---|---|---|---|---|---|---|
| Carrying amount | Carrying amount | % interest | Carrying amount | % interest | |||
| FCPI Idinvest Digital Fund II | 11 | 7% | 11 | 7% | |||
| Other | 32 | - | 19 | - | |||
| Total | 43 | 30 | |||||
The above investments are classified as investments in non-consolidated companies. No fair value adjustments were recognised in equity in respect of investments in non-consolidated companies in 2019. Cumulative fair value adjustments on investments in non-consolidated companies at 31 December 2019 amounted to a negative €1 million.
LOANS AND RECEIVABLES
Loans and receivables can be analysed as follows:
| Loans and receivables | 31 Dec. 2019 | 31 Dec. 2018 | |||||
|---|---|---|---|---|---|---|---|
| Gross amount | 141 | 105 | |||||
| Accumulated impairment losses | (30) | (29) | |||||
| Carrying amount | 111 | 76 | |||||
| Analysis of impairment losses | 2019 | 2018 | |||||
|---|---|---|---|---|---|---|---|
| At 1 January | (29) | (24) | |||||
| Impairment losses (recognised) reversed in the year | (1) | (1) | |||||
| Other movements and translation adjustments | - | (4) | |||||
| At 31 December | (30) | (29) | |||||
Loans and receivables included in non-current financial assets mainly comprise deposits, loans and receivables with an estimated maturity of more than one year. They also include financial receivables resulting from finance leases (sub-letting arrangements) for €27 million at 31 December 2019.