Annual Report 2010 - AdP

Gross Assets 31.12.2008 Additions Sales and Transf. 31.12.2009
write-offs
Transportation equipment 170,338 - (68,266) - 102,072
Office equipment 305,789 - - - 305,789
Other tangible assets 1,058 - - - 1,058
477,185 - (68,266) - 408,919
Amortizations and Adjustments 31.12.2008 Appropriations Cancellation/ 31.12.2009
Reversal
Transportation equipment (170,338) - 68,266 (102,072)
Office equipment (240,761) (20,029) - (260,790)
Other tangible assets (1,058) - - (1,058)
(412,157) (20,029) 68,266 (363,920)
9. Financial investments
31.12.2010 31.12.2009
Financial investments in subsidiaries 730,718,213 707,590,897
Financial investments in associated companies 572,991 572,991
731,291,204 708,163,888
9.1 Changes during the period
31.12.2010 31.12.2009
Initial balance 708,163,888 691,250,052
Capital increase i) 18,443,180 1,855,400
Establishment of new companies ii) 3,442,500 6,630,000
Share of losses iii) 1,241,636 3,928,436
Additional increases - 4,500,000
Final balance 731,291,204 708,163,888
i) In the 2010 financial year, AdP SGPS, S.A. conducted the following increases in capital:
31.12.2010
Águas de Santo André, S.A. 500,000
Águas do Zêzere e Côa, S.A. 13,000,000
Simria, S.A. 149,180
AdRA - Águas da Região de Aveiro, S.A. 1,275,000
Simdouro, S.A. 3,519,000
18,443,180
ii) 2010 finally saw the end of the process to merge Águas do Ave, Águas do Minho e Lima and Águas do Cávado. This merger was
conducted by creating a new Company known as Águas do Noroeste, with share capital totalling 52,428,326.50 euros. AdP SGPS,
S.A.’s holding corresponds to the sum of the holdings that it had in the former companies, accrued by 3,442,500 euros, which was
fully paid up in 2010, bringing AdP’s stake to 56.66%.
iii) The amount of 1,241,636 euros corresponds to AdP SGPS, S.A.’s share of AdP Internacional’s net loss in 2009.
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