Chapters
Annual Report 2019

6. 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 2019

1,167,739

1,562

1,169,301

Movements in 2018

-

Adjustment opening balance IFRS 16

- 69,700

-

- 69,700

Additions

-

25

25

Dividends

-

-

-

Repayment

-

- 1,587

- 1,587

Acquisition non-controlling interest

- 385

-

- 385

Exchange differences

14,226

-

14,226

Other Comprehensive Income

- 24,800

-

- 24,800

Net result for current year

178,440

-

178,440

At 31 December 2019

1,265,520

0

1,265,520

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

Company

2019

2018

GrandVision Group Holding B.V., The Netherlands

100%

100%

Central Vision II B.V., the Netherlands

100%

100%

GrandVision France SAS, France

100%

100%