Consolidated subsidiaries

The changes in the consolidated Group are shown in the following table:

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Number

 

Germany

 

Abroad

 

 

 

 

 

Initially consolidated

 

 

 

 

of which: subsidiaries previously carried at cost

 

3

 

52

of which: newly acquired subsidiaries

 

0

 

1

of which: newly formed subsidiaries

 

0

 

6

 

 

 

 

 

Deconsolidated

 

 

 

 

of which: mergers

 

4

 

13

of which: liquidations

 

5

 

7

of which: sales/other

 

0

 

5

The initial inclusion of these subsidiaries, either individually or collectively, did not have a significant effect on the presentation of the net assets, financial position and results of operations. The unconsolidated structured entities are immaterial from a Group perspective. In particular, they do not give rise to any significant risks to the Group.