4.5.1.1Investment in group companies
The movements in the item Investment in Group companies are as follows:
2025 | 2024 | ||
|---|---|---|---|
Investments net value at 1 January | 3,592 | 3,701 | |
Result of Group companies | 953 | 185 | |
Dividends received | (324) | (258) | |
Other changes1 | 178 | (36) | |
Foreign currency variations | 10 | (0) | |
Movements | 817 | (110) | |
Investments net value at 31 December | 4,409 | 3,592 |
- 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