4.5.1.1Investment in group companies

The movements in the item Investment in Group companies are as follows:

2024

2023

Investments net value at 1 January

3,701

3,299

Result of Group companies

185

529

Capital contributions

-

0

Capital repayments

-

(137)

Dividends received

(258)

(9)

Other changes1

(36)

25

Foreign currency variations

(0)

(7)

Movements

(110)

402

Investments net value at 31 December

3,592

3,701

  • 1 Mainly relates to Cash flow hedges and transaction with non-controlling interests (please refer to note 4.2.4 'Company's Consolidated Statement of changes in equity).

An overview of the information on principal subsidiary undertakings required under articles 2: 379 of the Dutch Civil Code is given below. The subsidiaries of SBM Offshore N.V. are the following (all of which are 100% owned):

  • SBM Offshore Holding B.V., Amsterdam, the Netherlands
  • SBM Holding Inc. S.A., Marly, Switzerland
  • SBM Holding Luxembourg S.à.r.l, Luxembourg, Luxembourg
  • SBM Schiedam B.V., Rotterdam, the Netherlands
  • SBM Holland B.V., Rotterdam, the Netherlands
  • FPSO Capixaba Holding B.V., ’s-Gravenhage, the Netherlands