Annual Report 2017

5. Financial Fixed Assets

The movements in financial fixed assets are as follows:

in thousands of EUR

Investment in consolidated subsidiaries

Loans and receivables

Total

At 1 January 2017

926,810

7,029

933,839

Movements in 2017

Additions

-

121

121

Dividends

- 85,000

-

- 85,000

Repayment

-

- 5,620

- 5,620

Acquistion non-controlling interest

- 651

-

- 651

Exchange differences

- 52,510

-

- 52,510

Other Comprehensive Income

- 3,834

-

- 3,834

Net result for current year

228,900

-

228,900

At 31 December 2017

1,013,715

1,530

1,015,245

The Company’s direct investments in subsidiaries consist of the following:

Company

2017

2016

GrandVision Group Holding B.V., The Netherlands

100%

100%

Central Vision II B.V., the Netherlands

100%

100%

GrandVision France SAS, France

100%

100%