Annual report 2001 - GL events
Annual report 2001 - GL events
Annual report 2001 - GL events
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4<br />
Note 6<br />
Long-term Investments<br />
Net value of long-term 2000 Mvts/Scope Increase Decrease Other mvts <strong>2001</strong><br />
investments K€ K€ K€ K€ K€ K€<br />
Invest. in associated companies 1 079 304 470 47 (1) 1 805<br />
Accounts receivable related to non<br />
consolidated investments 26 445 17 454<br />
Deposits and surety bonds 2 250 814 138 1 348 7 1 861<br />
Other long-term investments 32 2 80 14 8 108<br />
Provision for depreciation of investments (869) (16) (885)<br />
Prov. for depr. for related accounts receivable (445) (445)<br />
Provision for depreciation of loans (4) (2) (11) (17)<br />
Net total of long-term<br />
investments 2 513 1 104 687 1 425 3 2 881<br />
The list of investments in associated companies at 31 December <strong>2001</strong> is as follows :<br />
Companies K€ Held by %<br />
Polygone Espagne 862 Générale Location 100 %<br />
PICO 449 Générale Location NS<br />
Congress Center Nantes 76 Financière par trois 2 %<br />
ISF Méditerranée 38 ISF 50 %<br />
Lille Grand Palais 288 Norexpo 8 %<br />
Miscellaneous 92<br />
Total 1 805<br />
The company Polygone Espagne held at 100% by Générale<br />
Location is not consolidated due to lack of activity. The assets<br />
linked to this company, investments, and current account are<br />
depreciated in their totality.<br />
The company ISF Méditerranée is not consolidated, as<br />
Générale Location does not exercise any significant influence<br />
over this company which has a limited activity.<br />
Note 7<br />
Investments Consolidated under the Equity Method<br />
2000 Mvts/Scope Increase Decrease Other mvts <strong>2001</strong><br />
K€ K€ K€ K€ K€ K€<br />
Investments consolidated under<br />
the equity method 375 (375)<br />
The investments consolidated under the equity method concern only the company Boîte à Sons which is consolidated according<br />
to the method of global integration as of 1 January <strong>2001</strong>.