Amadeus IT Holding, S.A. and Subsidiaries - Investor relations at ...

AMADEUS IT HOLDING, S.A. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED ANNUAL ACCOUNTS FOR THE YEARS ENDED
DECEMBER 31, 2011, AND 2010
(EXPRESSED IN THOUSANDS OF EUROS - KEUR)
The “Available-for-sale financial instruments” component is a reserve used to
recognize the changes in the fair value of those financial assets that have been
designated as available-for-sale at inception.
The “Actuarial gains and losses” component is a reserve used to recognize all of the
actuarial gains and losses for the period of all our defined benefit plans. The actuarial
gains and losses comprise mainly the effects of the changes in actuarial
assumptions.
The “Exchange differences on translation of foreign operations” component is a
reserve used to record the exchange differences arising from the translation of the
financial statements of foreign operations, when their currency is different from Euro.
f) Non-controlling interest
During the period ended December 31, 2011, the Group acquired 0.16% interest on
its subsidiary Amadeus IT Group, S.A. for a total consideration of KEUR 7,064.
As of December 31, 2011, and 2010, the Group held the following Amadeus IT
Group S.A. shares:
Shareholder 31/12/2011 31/12/2010
Amadeus IT Holding,
S.A.
Non-controlling interests
Total
71
% of total
economic
rights at
31/12/2011
% of total
economic
rights at
31/12/2010
4,217,617,904 4,210,554,249 99.89% 99.73%
4,453,283 11,516,938 0.11% 0.27%
4,222,071,187 4,222,071,187 100.00% 100.00%
In August 2010, the Group acquired the remaining minority interest in Opodo Ltd.
The value of the stake was KEUR 842. After this acquisition of the 0.28% additional
interest in Opodo Limited, the Group owned the 100% of the entity, indirectly through
its subsidiary Amadeus IT Group, S.A.