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11. Investments

Investments 2018


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




Acquisition cost 1 Jan 8,825 299 9,124
Reclassifications between items -31 -299 -330
Acquisition cost 31 Dec 8,794
8,794




Book value 31 Dec, 2018 8,794
8,794








Investments 2017

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




Acquisition cost 1 Jan 8,825 299 9,124
Acquisition cost 31 Dec 8,825 299 9,124




Book value 31 Dec, 2017 8,825 299 9,124












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 Sistemas de Telecommunicacao Ltda Sao Paulo, Brazil 100 902
Tecnotree (M) Sdn Bhd Kuala Lumpur, Malaysia 100 42
Tecnotree France SARL Paris, France 100 1
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 8,794