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38 Other non-current and current financial assets

        Effective
interest rate
  Maturity
(financial year)
  30 June 2016   30 June 2015
        %       €000   €000
                     
Non-current                    
Loans granted to subsidiaries       5.0%   2020   456   608
                     
Current                    
Loans granted to subsidiaries       5.0%   2017   152   152

Loans granted to subsidiaries
The loans granted to subsidiaries are as follows:

Subsidiary   Principal-
amount
  Interest
rate
  Maturity
(financial year)
  30 June 2016   30 June 2015
    €000   %       €000   €000
                     
Ernst & Young Actuarissen B.V.   760   5.0%   2020   608   760