[23] Other financial assets

With effect from 31 December 2015, the presentation of other financial assets and other financial liabilities was changed in order to make it more consistent with the presentation of other financial instrument disclosures in accordance with IFRS 7. To comply with IAS 1.55, the line items ‘Other assets’ and ‘Other liabilities’ were added to the statement of financial position as at 31 December 2015. These line items contain other assets and liabilities that are not covered by the scope of IFRS 7 and are thus shown separately from other financial assets and other financial liabilities. The figures for 2014 have been restated to reflect these disclosure changes. An explanation of other assets can be found in note [24]. Other liabilities are explained in note [35].

Other financial assets of €104.3 million (31 December 2014: €131.0 million) comprise the items stated below. > TABLE 066

Of the change in non-consolidated subsidiaries and other equity investments, an amount of €19.6 million resulted from acquisition of the shares in the Italian dealer Moden Diesel S.p.A. (formerly MODEN DIESEL S.R.L.) and LR Intralogistik GmbH.

On 20 July 2015, the KION Group exercised the put option vis-à-vis Weichai Power Co., Ltd., Weifang, China that it held via Linde Material Handling GmbH, Aschaffenburg, on 20.0 per cent of the shares in Linde Hydraulics. In December 2015, the 20.0 per cent of the shares in Linde Hydraulics were transferred to Weichai Power and the receivable of €34.7 million arising from the exercise of the put option was derecognised. As at 31 December 2014, this put option had been recognised under current derivative financial instruments in the amount of €34.7 million.