Financial Statements 2009 - Manutencoop

8. InVestments In JoInt Ventures9. InVestments In assocIates measured usInG the eQuItY methodthe group holds 10 investments in joint ventures, which are listed in the consolidation principles sectionof note 2 above.these are essentially companies and consortiums not listed on regulated markets whose objects are togovern relations within temporary business associations formed to provide certain facility managementservices under contract. the ten companies are: altair Zander italia s.r.l., a.m.g. s.r.l., Consorzio leadersoc.Cons. a r.l., global maggiore bellaria soc.Cons. a r.l., legnago 2001 soc.Cons. a r.l., malaspinaenergy soc.Cons. a r.l., sCam soc.Cons. a r.l., servizi luce soc.Cons. a r.l., servizi sportivi brindisi soc.Cons. a r.l., duc gestione sede unica soc. Cons. a r.l.the group’s interest in the combined value of the assets, liabilities, revenues and results of the abovecompanies as of and for the year ended 31 december 2009, included in the consolidated financialstatements, is presented below in comparison with the related amounts as of and for the year ended31 december 2008:the group holds certain investments in associates that, in the consolidated financial statements, aremeasured using the equity method. these companies are listed in the consolidation principles sectionof note 2 above.as of 31 december 2009, the equity investments carried at equity amount to euro 12,305 thousand,as analysed below:(in thousands of Euro) % interest net assets purchases / dividends revaluations Writedowns effect on se net assets Value31/12/2008 disposals 31/12/2009 investment31/12/2009global provincia di 42.40% rimini soc.Cons. a r.l.4 4 4bologna più 25.68% soc.Cons. a r.l.77 (72) 5 5Como energia 20.00% 31 (9) 22 22soc.Cons. a r.l.(in thousands of Euro) 31 december 2009 31 december 2008non-current assets 2,553 1,473Current assets 6,740 6,527total 9,293 8,000non-current liabilities 1,744 711Current liabilities 6,361 6,907totale 8,105 7,618global riviera 23.11% soc.Cons. a r.l.9 9 9p.b.s. 25.00% soc.Cons. a r.l.25 25 25Consorzio energia 24.25% servizi bo3 3 3bologna multiservizi 39.00% soc.Cons. a r.l.4 4 4mCb emirates llC 49.00% - - -towersoc.Cons. a r.l.20.17% 20 20 20ser.san. servizi 20.00% 60 60 60sanitari s.p.a.(in thousands of Euro) 2009 2008revenues 7,826 6,347operating costs (7,607) (6,515)operating results 219 (168)results of financial management (74) (14)profit(loss) before taxation 145 (154)Current and deferred taxation (69) 34net results for the Year 76 (148)san martino 40.00% 2000 soc.Cons. a r.l.4 4 4Co.s.i.s. 26.33% soc.Cons. a r.l.(4) 4 - -giCo systems srl 20.00% 30 2 32 32newco duC 24.90% bologna s.p.a.1,547 (192) (400) 955 955se.sa.mo. s.p.a. 20.91% 751 42 793 793f.lli bernard s.r.l. 20.00% 454 27 481 481terzatorre s.p.a. 32.00% 1,469 (1,469) - -roma multiservizi 45.47% s.p.a.9,651 (3,187) 1,298 (43) 7,719 7,719servizi napoli 5 45.00% soc. Cons. a r.l.5 5 5steril piemonte 25.00% soc. Cons. a r.l.993 (2) 991 991edex s.r.l. 45.00% 290 (290) - -ipp s.r.l. 25.00% 107 494 (26) 575 575global Vicenza 41.25% 4 4 4alisei s.rl. 100.00% in liquidazione(10) (4) (14) -168 - Consolidated finanCial statements as of 31 deCember 2009 - aCCounting poliCies and explanatory notes Consolidated finanCial statements as of 31 deCember 2009 - aCCounting poliCies and explanatory notes - 169