11. Investments
Investments 2020 | |||
EUR 1,000 |
Shares in Group companies | Other investments in group companies | Total |
Acquisition cost 1 Jan | 8,794 | 8,794 | |
Additions | -124 | -124 | |
Acquisition cost 31 Dec | 8,670 | 8,670 | |
Book value 31 Dec, 2020 | 8,670 | 8,670 | |
Investments 2019 | |||
EUR 1,000 |
Shares in Group companies | Other investments in group companies | Total |
Acquisition cost 1 Jan | 8,794 | 8,794 | |
Additions | |||
Acquisition cost 31 Dec | 8,794 | 8,794 | |
Book value 31 Dec, 2019 | 8,794 | 8,794 | |
Shares in subsidiaries held by the parent company | |||
Name of the subsidiary | Domicile | Parent company ownership, % | Carrying value EUR 1,000 |
Tecnotree Ltd. | County Clare, Ireland | 100.00 | |
Tecnotree Sistemas de Telecommunicacao Ltda | Sao Paulo, Brazil | 100.00 | 902 |
Tecnotree (M) Sdn Bhd | Kuala Lumpur, Malaysia | 100.00 | 42 |
Tecnotree France SARL | Paris, France | 100.00 | 1 |
Tecnotree Services Oy | Espoo, Finland | 100.00 | 8 |
Tecnotree Argentina SRL | Cordoba, Argentina | 100.00 | 257 |
Lifetree Cyberworks Pvt. Ltd | Bangalore, India | 100.00 | 1,189 |
Tecnotree Convergence Ltd | Bangalore, India | 46.08 | 6,229 |
Tecnotree Convergence (Middle East) FZ-LLC | Dubai, United Arab Emirates | 100.00 | 20 |
Tecnotree Nigeria Limited | Lagos, Nigeria | 99.99 | 23 |
Total | 8,671 |