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NOTE 16

Non-current available-for-sale financial assets


€ million 2011 2010
Carrying amount at 1 Jan. 7.6 3.0
Additions 2.2 4.7
Disposals -0.2 -0.1
Changes in fair value -0.9 -
Carrying amount at 31 Dec 10.6 7.6

The non-current available-for-sale financial assets include private equity funds and unquoted shares. The measurement of private equity funds is disclosed in more detail in note 39. The unquoted shares have mainly been measured at cost, because their fair values cannot be measured reliably.