(16) Long-term Investments

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in TEUR, at 31 December

2014

2013

Other investments carried at cost

554

558

Other long-term investments

600

0

Marketable securities – available-for-sale, long-term

6,246

4,690

Long-term investments

7,400

5,247

Other investments carried at cost include investments in unquoted equity instruments (investments). These relate mainly to CEESEG AG. As this stake can only be disposed of at the initial indexed purchase price and due to the absence of an active market, this equity instrument is carried at acquisition cost.

As of 31 December 2014, other long-term investments comprise a fixed deposit.

Marketable securities available-for-sale serve partially as coverage for the provision for pensions. Based on Management’s intention not to sell these marketable securities within the next twelve months, they are classified as long-term financial assets.

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