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Other non-current receivables
12 Months Ended
Mar. 31, 2021
Subclassifications of assets, liabilities and equities [abstract]  
Other non-current receivables Other non-current receivables
(EUR thousand)As of March 31
Other non-current receivables202120202019
Opening balance as of April 115,170 12,703 13,360 
Additions of non-current assets265 4,106 1,541 
Divestiture of non-current assets(2,169)(2,867)(147)
Market value valuation— — 66 
Share of joint venture losses on loan receivable(907)(1,390)— 
Increase in loan to joint venture— 2,850 — 
Reclassification to/from Investments in associates and joint ventures— — (2,444)
Other(121)121 — 
Foreign exchange effects278 (353)327 
Closing balance as of March 3112,516 15,170 12,703 
EUR2.5 million (EUR2.0 million as of March 31, 2020, EUR2.1 million as of March 31, 2019) of the other non-current receivables is related to a receivable from an insurance company related to a pension plan in Sweden. This receivable does not meet the definition of a pension plan asset. The pension plan is denominated in SEK. Payments commenced in 2018 with a second payment stream starting in 2023 and lasting for 10 years. This receivable is revalued at market value.
The other major part of the other non-current receivables is related to rental agreements on different facilities and deposits paid. The fair value of other non-current receivables does not differ significantly from the book value.