3. Receivables from Group companies

Amounts owed by Group companies are unsecured subordinated loans.

In € thousands	Interests in Group companies	Receivables from Group companies	Total
Gross value	13,570	105,318	118,888
Accumulated depreciation and impairments	0	0	0
Book value as of June 1, 2021	13,570	105,318	118,888
Movements:
Issued loans	0	15,723	15,723
Conversion share premium to loan	(6,000)	6,000	0
Share in result of participating interests	1,713		1,713
Movement cash flow hedge reserve	1,704		1,704
Movement in net fair value on investments in equity instruments classified as at fair value through OCI ¹	0		0
Deemed distribution ¹	(368)		(368)
Movement legal reserve foreign currency translation	(205)		(205)
Repayments		(9,035)	(9,035)
Book value as of May 31, 2022	10,414	118,006	128,420

Gross value	10,414	118,006	128,420
Accumulated depreciation and impairments	0	0	0
Book value as of May 31, 2022	10,414	118,006	128,420

In € thousands	Interests in Group companies	Receivables from Group companies	Total
Gross value	12,518	83,145	95,663
Accumulated depreciation and impairments	0	0	0
Book value as of June 1, 2020	12,518	83,145	95,663
Movements:
Issued loans	0	7,958	7,958
Conversion share premium to loan	(26,000)	26,000	0
Share in result of participating interests	26,537	0	26,537
Movement cash flow hedge reserve	414	0	414
Movement in net fair value on investments in equity instruments classified as at fair value through OCI ¹	95	0	95
Deemed distribution ¹	(116)	0	(116)
Movement legal reserve foreign currency translation	122	0	122
Repayments	0	(11,785)	(11,785)
Book value as of May 31, 2021	13,570	105,318	118,888

Gross value	13,570	105,318	118,888
Accumulated depreciation and impairments	0	0	0
Book value as of May 31, 2021	13,570	105,318	118,888