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EXPLANATORY NOTES
270
| 2013 ANNUAL REPORT | PRYSMIAN GROUP
The following table summarises key information about investments held in subsidiaries:
These are detailed as follows:
4.
DEFERRED TAX ASSETS
(in thousands of Euro)
31 December 2013 31 December 2012
Deferred tax assets:
- Deferred tax assets recoverable beyond 12 months
1,100
3,809
- Deferred tax assets recoverable within 12 months
1,862
2,192
Total deferred tax assets
2,962
6,001
Registered office
Share capital
% owned 2013 % owned 2012
Prysmian Cavi e Sistemi S.r.l.
Milan
EUR 100,000,000
100
100
Draka Holding N.V.
Amsterdam
EUR 42,952,436
63.43
69.691
Prysmian Cavi e Sistemi Italia S.r.l.
Milan
EUR 77,143,249
100
100
Prysmian PowerLink S.r.l.
Milan
EUR 50,000,000
100
100
Fibre Ottiche Sud - F.O.S. S.r.l.
Battipaglia
EUR 47,700,000
100
100
Prysmian Treasury S.r.l.
Milan
EUR 30,000,000
100
100
Prysmian Kabel Und Systeme GmbH
Berlin
EUR 15,000,000
6.25
6.25
Prysmian Pension Scheme Trustee L.
Hampshire
GBP 1
100
100
Prysmian Kablo SRO
(1)
Bratislava
EUR 21,246,001
0.005
0.005
Jaguar Communication Consultancy
Services Private Ltd.
(1)
Mumbai
INR 34,432,100
0.00003
0.00008
Prysmian Surflex Umbilicais e Tubos
Flexiveis do Brasil Ltda
(1)
Vila Velha
BRL 158,385,677
0.000001
0.01
(1) Controlled indirectly
The process of corporate rationalisation following the
acquisition of Draka in 2011 carried on throughout 2013. It
was as part of this process that the subsidiary Prysmian
Cavi e Sistemi S.r.l. transferred its interest in two of its own
subsidiaries (Prysmian Cable Holding B.V. and Prysmian Cables
and Systems B.V.) to Draka Holding N.V. at market value. This
transfer has raised the interest of Prysmian Cavi e Sistemi S.r.l.
in Draka Holding N.V. to 36.57%, with a corresponding reduction
in the interest of Prysmian S.p.A. in this same company to
63.43%.
