15. Financial assets

Audited information

CHF 1,000

31.12.2021

31.12.2020

Loans to third parties

12,003

13,390

Loans to associates

418

416

Investments in associates 1)

8,781

7,633

Assets from employer contribution reserves

325

-

Other financial assets

7,847

5,540

Total financial assets

29,373

26,979

1) Including goodwill arising from the acquisition in the amount of CHF 3.3 million (2020: CHF 2.7 million) which was recognised as part of the investment in associates.

In 2021, loans to third parties include unpaid selling price consideration of CHF 3.4 million (2020: CHF 3.4 million) and CHF 2.0 million (2020: CHF 4.1 million) of the former shareholder loan to disposed Group company La Foncière de la Dixence SA.

In 2021, investments in associates include acquisitions of 41% of the share capital of PlanYourMove SA. Other financial assets include the increase of the investment in the share capital of Taurus SA to 8% and the disposal of the participation of 11% of the share capital of Flatfox AG.

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.