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	10,414	118,006	128,420
Accumulated depreciation and impairments	0	0	0
Book value as of June 1, 2022	10,414	118,006	128,420
Movements:
Issued loans	0	15,757	15,757
Conversion share premium to loan	0	0	0
Share in result of participating interests	1,295	0	1,295
Movement cash flow hedge reserve	0	0	0
Movement in net fair value on investments in equity instruments classified as at fair value through OCI ¹	(471)	0	(471)
Deemed distribution ¹	(945)	0	(945)
Movement legal reserve foreign currency translation	(10)	0	(10)
Repayments	0	(8,485)	(8,485)
Book value as of May 31, 2023	10,283	125,278	135,561

Gross value	10,283	125,278	135,561
Accumulated depreciation and impairments	0	0	0
Book value as of May 31, 2023	10,283	125,278	135,561

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	0	1,713
Movement cash flow hedge reserve	1,704	0	1,704
Movement in net fair value on investments in equity instruments classified as at fair value through OCI ¹	0	0	0
Deemed distribution ¹	(368)	0	(368)
Movement legal reserve foreign currency translation	(205)	0	(205)
Repayments	0	(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