4.5.1.1Investment in group companies
The movements in the item Investment in Group companies are as follows:
2023 | 2022 | ||
|---|---|---|---|
Investments net value at 1 January | 3,299 | 2,582 | |
Result of Group companies | 529 | 479 | |
Capital contributions | 0 | - | |
Capital repayments | (137) | (159) | |
Dividends received | (9) | (121) | |
Other changes1 | 25 | 520 | |
Foreign currency variations | (7) | (2) | |
Movements | 402 | 717 | |
Investments net value at 31 December | 3,701 | 3,299 |
- 1 Mainly relates to Cash flow hedges and transaction with non-controlling interests (please refer to note 4.2.4 'Company's Consolidated Statement of changes in equity).
An overview of the information on principal subsidiary undertakings required under articles 2: 379 of the Dutch Civil Code is given below. The subsidiaries of SBM Offshore N.V. are the following (all of which are 100% owned):
- SBM Offshore Holding B.V., Amsterdam, the Netherlands
- SBM Holding Inc. S.A., Marly, Switzerland
- SBM Holding Luxembourg S.à.r.l, Luxembourg, Luxembourg
- SBM Schiedam B.V., Rotterdam, the Netherlands
- SBM Holland B.V., Rotterdam, the Netherlands
- FPSO Capixaba Holding B.V., ’s-Gravenhage, the Netherlands