Notes to the Financial Statements as at 31 st December 2008 15 - FIXED ASSETS HELD UNDER FINANCE LEASES During the year ended 31 st December 2008, the Company used the following assets under finance leases: Items Acquisition Accumulated Net Outstanding cost depreciation value capital Tangible fixed assets Plant and machinery 11,149 4,948 6,201 8,220 16 - GROUP COMPANIES, ASSOCIATED COMPANIES AND INVESTEE COMPANIES During the year ended 31 st December 2008, the financial investments in Group companies and associated companies, as well as the main financial data regarding them were the following: Company/Head Office Equity Net Shareholding Shareholding profit/(loss) percentage value Capital share in Group companies: Teixeira Duarte - Gestão de Participações e Investimentos Imobiliários, S.A. (a) 143,253 (350,659) 100.00% 143,253 Edifício 2, Lagoas Park - Porto Salvo Teixeira Duarte - Engenharia e Construções (Macau), Lda. 108 14 80.00% 86 Av. Praia Grande, 693 - Edifício Tai Wha, 8º A - B - Macao Tegaven - Teixeira Duarte y Asociados, C.A. 2,544 1,200 17.04% 434 Av. Este, 6 - Edif. Centro Parque Carabobo, Piso 6, Of. 601 - Caracas - Venezuela Teixeira Duarte - Engenharia e Construções (Moçambique), Lda. 12,853 2,271 43.00% 5,527 Av. Vinte e Quatro de Julho, nº 141 - Maputo - Mozambique Teixeira Duarte - Engenharia e Construções (Angola), Lda. 38,518 5,883 80.00% 30,815 R. Amílcar Cabral, nº 27 C - Luanda - Angola Avenida - Empreendimentos Turísticos e Hoteleiros, Lda. 2,638 989 80.00% 2,110 Av. Vinte e Quatro de Julho, nº 141 - Maputo - Mozambique Teixeira Duarte Algérie, SPA 309 (166) 99.94% 309 Parc Miremont, Rue A, nº136 - Argel - Algeria TEIX.CO, SPA 1,270 672 50.00% 635 Parc Miremont, Rue A, nº136 - Argel - Algeria Marinertes, S.A. 651 (80) 51.00% 332 Av. 25 de Abril, Edifício Alvorada, nº 672 - Cascais TDHOSP - Gestão de Edifício Hospitalar, S.A. 485 (1) 100.00% 485 Edifício 2, Lagoas Park - Porto Salvo 183,986 Capital share in associated companies: SATU-Oeiras - Sistema Automático Transporte Urbano, E.M. (a) (11,013) (3,605) 49.00% - Edifício Paço de Arcos E.N. 249/3 Paço de Arcos - Oeiras - (a) When the equity method was applied, the value of the supplementary capital contributions, amounting to EUR 60,000 thousand and EUR 20,955 thousand of T.D.- G.P.I.I., S.A. and SATU-Oeiras, E.M., respectively, was deducted from the equity value. 158
Notes to the Financial Statements as at 31 st December 2008 As at 31 st December 2008, the "Securities and other financial instruments" item, comprised the following: Other financial capital shares: Lusoponte - Concessionária para a Travessia do Tejo, S.A. 1,875 MTS - Metro, Transportes do Sul, S.A. 456 AEDL - Auto-Estradas do Douro Litoral, S.A. 9 2,340 Complementary Groupings of Companies: Acestradas - Construção de Estradas, ACE 867 Três Ponto Dois - Trabalhos Gerais de Construção Civil, Via e Catenária de Modernização da Linha do Norte, ACE 154 Ferrovial / Teixeira Duarte - Obras Hidráulicas do Alqueva, ACE 409 Douro Litoral, ACE 619 Novaponte - Agrupamento para a Construção da Segunda Travessia do Tejo, ACE 50 2,099 Financial investments in real estate 120 4,559 As at 31 st December 2008, the loans granted to Group companies and to other investee companies, corresponded to the supplementary capital contributions granted to the following entities: Teixeira Duarte - Gestão de Participações e Investimentos Imobiliários, S.A 60,000 Satu-Oeiras - Sistema Automático Transporte Urbano, E.M. 20,955 Lusoponte - Concessionária para a Travessia do Tejo, S.A. 716 MTS - Metro, Transportes do Sul, S.A. 133 849 159