See accounting policy MM.
| 2022 | 2021 |
---|---|---|
Intangible assets | - | -9 |
Associates and joint ventures | -1 | - |
Investments available for sale | -110 | -13 |
Loans and receivables | 17 | -1 |
| | |
Total impairments | -95 | -22 |
| 2022 | 2021 |
---|---|---|
Equities | -133 | -16 |
Reversal of impairments on bonds | 23 | - |
Reversal of impairments on collateralised debt obligations | - | 3 |
| | |
Total changes in impairments of investments available for sale | -110 | -13 |
The impairment on intangible assets in 2021 is related to the partial impairment of goodwill in the Distribution and Services segment (€ -9 million).
The increase of impairments on equities available for sale is partly due to a decrease of share prices on the stock market, partly due to revaluations of participations in fixed income and mortgage funds driven by increasing market interest rates.