25. Non-Controlling Interest

in thousands of EUR

2015

2014

Balance at 1 January

45,327

44,366

Acquisitions of minority

1,202

- 999

Result for the year

18,264

13,358

Dividends paid

- 10,873

- 9,914

Remeasurement of post-employment benefit obligation

8

- 94

Cash flow hedge reserve

47

-

Currency translation differences

- 720

- 1,390

Balance at 31 December

53,255

45,327

Acquisition of minority in 2015 is mainly related to the purchase of the minority shares in China.

The acquisition of minority in 2014 relates to the minority shareholding obtained in the acquisition of China which had a negative equity upon acquisition.

The financial information for the Synoptik Group (non-controlling interest of 36.71%) is as follows:

in thousands of EUR

31 December 2015

31 December 2014

Summarised balance sheet:

Non-current assets

98,479

91,884

Current assets

46,814

43,467

Equity

97,093

86,526

Non-current liabilities

5,249

6,785

Current liabilities

42,951

42,040

The accumulated non-controlling interest for the Synoptik Group amounts to €35,643 (2014: €31,764).