2. Financial Fixed Assets

The movements in financial fixed assets are as follows:

in thousands of EUR

Investment in consolidated subsidiaries

Loans and receivables

Total

At 1 January 2014

739,201

45,727

784,928

Movements in 2014

Additions

10,000

5,204

15,204

Dividends

- 51,110

-

- 51,110

Acquisition under common control

- 55,494

-

- 55,494

Repayment

-

- 34,161

- 34,161

Exchange differences

- 1,481

-

- 1,481

OCI

- 13,347

-

- 13,347

Net result for current year

188,980

-

188,980

At 31 December 2014

816,749

16,770

833,519

The additions in investment in consolidated subsidiaries relate to a capital contribution.

The Company’s direct investments in subsidiaries consist of the following:

Company

2014

2013

GrandVision Group Holding BV, the Netherlands

100%

100%

Central Vision II BV, the Netherlands

100%

100%

Vision Express Polska SP Sp. z o.o., Poland

100%

100%

GrandVision France SAS, France

100%

100%

GrandVision Supply Chain BV, the Netherlands

0%

100%

GrandVision IT Services BV, the Netherlands

0%

100%

GrandVision Finance BV, the Netherlands

0%

100%

Nordman Investment Ltd, Cyprus

100%

100%

Vision Express UK Ltd, United Kingdom

0%

100%

LGL Ltd, United Kingdom

0%

100%