4.5.1.1Investment in group companies
The movements in the item Investment in Group companies are as follows:
2024  | 2023  | ||
|---|---|---|---|
Investments net value at 1 January  | 3,701  | 3,299  | |
Result of Group companies  | 185  | 529  | |
Capital contributions  | -  | 0  | |
Capital repayments  | -  | (137)  | |
Dividends received  | (258)  | (9)  | |
Other changes1  | (36)  | 25  | |
Foreign currency variations  | (0)  | (7)  | |
Movements  | (110)  | 402  | |
Investments net value at 31 December  | 3,592  | 3,701  | 
- 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