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15. Financial assets

Audited information

In CHF 1,000

31.12.2020

31.12.2019

Loans to third parties

13,390

17,902

Loans to associates

416

413

Investments in associates 1)

7,633

7,625

Other financial assets

5,540

3,910

Total financial assets

26,979

29,850

1) Including goodwill arising from the acquisition in the amount of CHF 2.7 million (2019: CHF 2.7 million) which was recognised as part of the investment in associates.

In 2020, loans to third parties include unpaid selling price consideration of CHF 3.4 million (2019: CHF 3.8 million) and CHF 4.1 million (2019: CHF 8.3 million) of the former shareholder loan to disposed Group company La Foncière de la Dixence SA. 

In 2020, investments in associates include acquisitions of 47% of the share capital of RedPapillons SA and 33% of the share capital of LM Properties SA. Other financial assets include the acquisition of 6% of the share capital of Taurus Group SA. The remaining participation of 13% of the share capital of YetiVisit SA was sold.