Note 12: Non-Controlling Interests

The Group’s shares in the most material consolidated subsidiaries that were not fully owned at December 31 were:

Ownership
in %

2010

2009

 

 

 

Akadémiai (Budapest, Hungary)

74.0

74.0

AnNoText (Hürth, Germany)

100.0

74.9

Wolters Kluwer Russia Publishing Holding bv (Amsterdam, Netherlands)

55.0

55.0

Non-controlling interests of consolidated participations in the profit for the year of the Group in 2010 were €(1) million (2009: €(8) million). Non-controlling interests in the equity of consolidated participations, totaling €19 million (2009: €21 million), are based on third-party shareholding in the underlying shareholders’ equity of the subsidiaries.

In January 2010, the Group acquired the remaining 25.1% shares of AnNoText (Germany) for €6 million. Therefore, the 2009 comparatives in the table below exclude AnNoText.

Summary financial information based on 100% ownership

2010

2009

 

 

 

Revenues

37

39

Ordinary EBITA

3

6

Net profit/(loss) for the year

(3)

(18)

 

 

 

Total assets

56

57

Total liabilities

13

8

Total equity

43

49

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