The movements in financial fixed assets are as follows:
in thousands of EUR | Investments in consolidated subsidiaries |
|---|---|
At 1 January 2020 | 1,265,520 |
Movements in 2020 | |
Exchange differences | - 46,361 |
Other Comprehensive Income | - 9,715 |
Net result for current year | - 64,488 |
At 31 December 2020 | 1,144,956 |
The Company’s direct investments in subsidiaries consist of the following:
Company | 2020 | 2019 |
|---|---|---|
GrandVision Group Holding B.V., the Netherlands | 100% | 100% |
Central Vision II B.V., the Netherlands | 100% | 100% |
GrandVision France S.A.S, France | 100% | 100% |