16 – Investments Accounted for Using the Equity Method and Other Financial Assets (XLS:) Download Investments accounted for using the equity method (Million €) 2018 2017 1 This item includes effects from the discontinued oil and gas business in the amount of €99 million in 2018 (2017: €248 million). As of January 1 4,715 4,647 Changes in the scope of consolidation – (50) Additions 55 223 Disposals (10) (82) Transfers1 (2,571) 120 Currency effects 14 (143) Net carrying amount as of December 31 2,203 4,715 (XLS:) Download Other financial assets (Million €) Dec. 31,2018 Dec. 31,2017 Other shareholdings 453 482 Long-term securities 117 124 Other financial assets 570 606 Additions included capital increases amounting to €55 million in 2018. In 2017, additions were mainly attributable to the combination of the global leather chemicals business with the Stahl group. In this connection, BASF received a 16.6% share in Stahl Lux 2 S.A., Luxembourg. In addition to the net income of investments accounted for using the equity method, dividend distributions and other comprehensive income of the companies, transfers included €2,552 million from the reclassification of investments accounted for using the equity method to assets of the disposal group for the oil and gas business. For one investment in the Chemicals segment accounted for using the equity method, the carrying amount was impaired by €7 million in 2018. For a detailed overview of income from companies accounted for using the equity method, see Note 9 back next