2009 - Jaarverslag

The share in the net income of associated companies amounted to – € 0.8 million (2008: € 0). In 2009 the Groupreceived no dividend payments from investments accounted for by the equity method (2008: € 0).Associated companies and joint venturesThe summary financial data have not been adjusted in respect of the percentage owned by the Group and canbe analysed as follows on 31 December:2009 2008Fixed assets 49.8 21.2Current assets 50.7 33.4Total assets 100.5 54.6Short-term liabilities 30.9 15.8Long-term liabilities 27.5 8.8Total liabilities 58.4 24.6Revenues 105.7 88.8Costs 105.1 84.7Profit/(loss) 0.6 4.1The changes in the associated companies item were as follows:2009 2008Balance as at 1 January – –Investments 18.4 –Transferred from other participating interests 1.3 –Result – 0.8 –Balance as at 31 December 18.9 –40.2 Financial fixed assetsThe financial fixed assets can be analysed as follows:2009 2008Other participating interests – 6.2Other long-term receivables and investments 6.6 4.7Balance as at 31 December 6.6 10.9Royal Ten Cate Annual Report 2009 113