11. Investments

Investments 2016


EUR 1,000
Shares in Group companies Other investments in group companies Total




Acquisition cost 1 Jan 36,939 299 37,239
Reclassifications between items -28,092
-28,092
Additions -22
-22
Acquisition cost 31 Dec 8,825 299 9,124




Book value 31 Dec, 2016 8,825 299 9,124








Investments 2015

EUR 1,000
Shares in Group companies Other investments in group companies Total




Acquisition cost 1 Jan 36,894 299 37,194
Additions 45
45
Acquisition cost 31 Dec 36,939 299 37,239




Book value 31 Dec, 2015 36,939 299 37,239












Shares in subsidiaries held by the parent company

Domicile Parent company ownership, % Carrying value
EUR 1,000




Tecnotree Ltd. County Clare, Ireland 100 124
Tecnotree Spain SL Madrid, Spain 100 31
Tecnotree Sistemas de Telecommunicacao Ltda Sao Paulo, Brazil 100 902
Tecnotree (M) Sdn Bhd Kuala Lumpur, Malaysia 100 42
Tecnotree Services Oy Espoo, Finland 100 8
Tecnotree Argentina SRL Cordoba, Argentina 100 257
Lifetree Cyberworks Pvt. Ltd Bangalore, India 100 1,189
Tecnotree Convergence Ltd Bangalore, India 46 6,229
Tecnotree Convergence (Middle East) FZ-LLC Dubai, United Arab Emirates 100 20
Tecnotree Nigeria Limited Lagos, Nigeria 100 23
Total 8,825