Page 193 - ENAV eng_Relazione_Finanziaria_Annuale_2014
P. 193

Notes to the Financial Statements of ENAV SpA                                                                   191

The investment in other companies relates to the 16.67% interest carried at
¤167 thousand in the share capital of the French registered company ESSP
SaS, which is held by the main European service providers and manages
the EGNOS satellite navigation system and the provision of the related
services. A dividend of ¤250 thousand was received from this company in
September 2014.

Reference should be made to the specific paragraph of the report on
operations for comments on the performance of subsidiaries in 2014.

Details of the investments held at 31 December 2014 together with the
interest held and carrying amount at that date are as follows:

                     Head- Balance             Share or  Net                     Equity as  Carrying  Value at
                   quarters sheet date                                       per financial   amount     equity
Company name                                   quota income for  Holding      statements

Subsidiaries                                   capital the year
Techno Sky Srl
Enav Asia Pacific  Rome 31.12.2014             1,600     2,192   100%        7,484          113,827   60,423
Sicta Consortium                                 127         4   100%           143              127      143
Enav North          Kuala  31.12.2014                         1   60%           881             705       881
Atlantic           lumpur                      1,033
                                                             0   100%        31,521         28,084     31,521
                   Naples 31.12.2014

                   Miami 31.12.2014 28,084
   188   189   190   191   192   193   194   195   196   197   198