Chapters
Annual Report 2020

6. Financial Fixed Assets

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%