16. Financial Assets Investments accounted for using the  equity method (i.e. associates) Share of net  assets Loans Total Other  (i) €m €m €m €m At 1 January 2012  939   9   948   177  Translation adjustment (8)  - (8) (2) Investments and advances   28   -  28   4  Disposals and repayments  5  (3)  2  (18) Reclassifications   13   -  13   - Transfer to asset held for sale (ii) (143)  - (143)  - Retained loss (130)  - (130)  - At 31 December 2012  704   6   710   161  The equivalent disclosure for the prior year is as follows: At 1 January 2011  1,026   11   1,037   149  Translation adjustment  30   -  30   4  Investments and advances   8   1   9   15  Disposals and repayments (128) (3) (131) (10) Reclassifications (19)  - (19)  19  Retained profit  22   -  22   - At 31 December 2011  939   9   948   177  The total investment in associates is analysed as follows: 2012 2011 €m €m Non-current assets  843   1,245  Current assets  641   632  Non-current liabilities (194) (402) Current liabilities (580) (527) Net assets  710   948  A listing of the principal associates is contained on page 135. The Group holds a 21.13% stake (2011: 21.13%) in Samse S.A., a publicly-listed distributor of building materials to the  merchanting sector in France which is accounted for as an associate investment above. The fair value of this investment was  €39 million (2011: €41 million) as at the balance sheet date. (i)  Other financial assets primarily comprise loans extended by the Group to joint ventures and trade investments carried at  historical cost. The balance in respect of loans to joint ventures as at 31 December 2012 was €125 million (2011: €141 million). (ii)  Asset held for sale The Group intends to dispose of its 26% associate investment in Uniland. Having satisfied the criteria under IFRS 5 at the  balance sheet date, the carrying value of this associate (€143 million) has been recorded on the basis of fair value less cost to  sell and has been reclassified as an asset held for sale. 96 CRH