ANNUAL REPORT 2007 | 2008 - Gimv

21. LOANS TO INVESTEE COMPANIES (IN EUR 000)
Year 2007-2008
1. Opening balance 56 497
1.1. Gross carrying amount 56 497
1.2. Accumulated impairment (-) -
2. Investments 49 811
3. Acquisition through business combination -
4. Sales (-) -15 606
5. Disposal of subsidiaries -
6. Impairment losses (-) -12 464
7. Reversal of impairment losses (+) -
8. Increase (decrease (-)) translation differences -
9. Transfer to (from) -7 480
10. Other (increase (+), decrease (-)) -
11. Closing balance 70 758
11.1. Gross carrying amount 70 758
11.2. Accumulated impairment (-) -
Additional information regarding loans to investee companies
Duration Max 1 year 1 to 5 years Total
4 380 66 378 70 758
Currency EUR USD GBP Total
66 646 4 112 - 70 758
136 | Gimv Annual Report 2007-2008 | Statutory consolidation
Fixed interest
rate
Total
Variable interest
rate Total
Applied interest rate
67 309 3 449 70 758
Average interest rate 7.21% 10.15%
Year 2006-2007
1. Opening balance 79 103
1.1. Gross carrying amount 79 103
1.2. Accumulated impairment (-) -
2. Investments 18 183
3. Acquisition through business combination -
4. Sales (-) -27 578
5. Disposal of subsidiaries -
6. Impairment losses (-) -12 936
7. Reversal of impairment losses (+) -
8. Increase (decrease (-)) translation differences -
9. Transfer to (from) -274
10. Other (increase (+), decrease (-)) -
11. Closing balance 56 497
11.1. Gross carrying amount 56 497
11.2. Accumulated impairment (-) -
Total