Non-current assets held for sale

M €	31 Mar 2016	31 Dec 2015
Investment properties	183.2	534.3
Investments in associated companies	3.0	3.0
Receivables	1.1	1.2
Liquid assets	0.0	2.6
Assets total	187.3	541.0

Liabilities	135.1	460.7
Trade and other payables	1.9	6.4
Liabilities total	137.0	467.1

Net asset value	50.2	73.9

The investment properties have been subsequently measured at fair value (fair value hierarchy level 3). The balance sheet value method was used as the valuation technique.