Catom Annual Report 2020 EN

The shares in Witvoet Tankstation B.V. were acquired on 7 April 2020. The shares in L. van den Heuvel Aardolieprodukten B.V. were acquired on 1 July 2020. As from the aforementioned dates these acquisitions have been incorporated in the accounts. The interests in the following companies are regarded as participating interests, which means that significant influence may be exercised over their operating and financial policy, even though they are not group companies.

Share

Shareholders’ equity at end

Share of result for the year

Corporate

in issued

Naam

seat

capital

of year

€ 151,066

€ 3,000

Exploitatiemaatschappij Bedrijfsgrond

Zijdewind

14,30%

Niedorp V.O.F.

This interest is regarded as a participating interest, despite the fact that it constitutes less than 20%, as it was acquired with the intention of obtaining a long-term association on behalf of Catom’s own activities. 1.5. Affiliates Affiliates are all legal entities over which the company may exercise control, joint control or a significant influence. Other legal entities capable of exercising control are also considered affiliates. In addition, the members of the Executive Board, other key management personnel of the company and their close relatives are considered affiliates. Significant transactions with affiliates other than wholly-owned group companies are clarified insofar as they have not been entered into at arm’s length. The explanatory notes describe the nature and amount of the transaction and any other information that is necessary for proper insight. 1.6. Notes to the cash flow statement The cash flow statement has been prepared according to the indirect method. The cash items presented in the cash flow statement consist of the cash and cash equivalents and the debts to credit institutions.

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