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.