20 Financial assets

The financial assets are made up as follows:

 

Loans

As at 1 January 2015

9

Investments

4

Transfer to Provisions

(12)

As at 31 December 2015

1

  

Investments

-

As at 31 December 2016

1

In circumstances where provisions for onerous contracts arise at the same time that financial assets are presented at balance sheet date for the related contract, these balances are netted at balance sheet date. In case of a positive balance the net position is presented as a financial asset. In case of a negative balance the net position is presented as a provision.