Accounts and notes Note 14 - Financial assets

Group Parent company
Other financial assets 2007 2006 2007 2006
Opening acquisition cost 688 358 2,312 -
Purchases - 688 - 2,312
Through acquisition of subsidiaries 551 - - -
Sales/amortisation -542 -358 - -
Translation differences 3 - - -
Closing accumulated acquisition costs 700 688 2,312 2,312
Opening impairment loss - - - -
Closing accumulated impairment loss - - - -
Fair value 700 688 2,312 2,312
Parent company
Shares in Group companies

2007 2006
Opening acquisition cost

316,963 342,686
Additional purchase price

- 760
Shareholder contribution

1,110 -
Merger of subsidiaries

- -26,483
Closing accumulated acquisition costs

318,073 316,963
Opening write-down

-165,406 -165,406
Year’s write-down

-11,026 -
Closing write-down

-176,432 -165,406
Carrying amount

141,641 151,557

Corporate ID Site No. of shares Carrying amount
Cybercom Stockholm IT AB 556497-0787 Stockholm 1,001 120
Cyber Com Consulting Uppsala AB 556544-6225 Stockholm 1,000 120
Cybercom Group Stockholm AB 556551-4493 Stockholm 1,000 120
Cybercom Nord AB 556554-8673 Stockholm 1,000 120
Global Communication Solutions Nordic AB 556566-0445 Stockholm 1,000 120
Cyber Com IT Consulting GB Ltd * 3471825 London 45,000 0
Cybercom Mobility Stockholm AB 556578-2694 Stockholm 1,000 120
Cyber Com Consulting A/S 25795938 Copenhagen 5,549 14,806
Cybercom Group UK Ltd 3064392 London 100 14,692
Cybercom CGSIT AB 556518-3455 Stockholm 1,114,350 68,636
Cybercom Netcom Consultants AB 556359-1097 Stockholm 5,000 42,787
Total


141,641
* Share of capital and votes is 90%. Ownership in other Group companies is 100%.
Other wholly owned companies in the Group Corporate ID Site No. of shares
Cybercom Sweden East AB 556254-0673 Stockholm 2,000,000
Dotify Solutions AB 556677-8626 Stockholm 1,000
Cybercom Sweden South AB 556219-4471 Malmö 1,500
Cybercom 669 AB 556476-9288 Malmö 5,000
Cybercom Sweden North AB 556556-9463 Östersund 1,000
Pronyx AB 556452-6225 Nyköping 6,677,983
Cybercom 671 AB 556273-9200 Stockholm 1,000
Pronyx Automation AB 556420-6323 Östersund 1,500
Pronyx Process AB 556481-9851 Nyköping 5,000
Pronyx Sweden AB 556207-4889 Nyköping 25,000
Cybercom Sweden West AB 556262-4691 Gothenburg 1,000
auSystems Danmark 25612655 Copenhagen 500
auSystems Poland Sp. Z o.o 0000036076 Warsaw 2,000
Cybercom Syd AB 556591-8421 Stockholm 10,000
Cybercom Syd Varchar AB 556582-8299 Lund 1,000
Diator Netcom Consultants Asia Pacific PTE Ltd 199707629N Singapore 100,000
The Group owns 50% of Cybercom Datamatics Information Solutions Ltd, a joint venture in India (corporate ID: U72900MH2000PTC123469, registered in Mumbai). Amounts in the table are included in the Group's income statement and balance sheet. They constitute the Group's 50% share in the assets, liabilities, sales, and profits of this joint venture.
Group

Holdings in joint venture 2007 2006

Assets



Non-current assets 1,094 570

Current assets 6,411 2,021

7,505 2,591

Liabilities



Non-current liabilities - -

Current liabilities 871 368

871 368

Net assets 6,634 2,223

Income 6,572 2,343

Expenses -5,288 -1,698

Year's profit 1,284 645

Group share in joint-venture assignments 100 100

No contingent liabilities arise from the Group's share in this joint venture, and the joint venture has no contingent liabilities.

In 2006, these subsidiaries merged with the parent company Cybercom Group Europe AB (corporate ID in parentheses):

  • Cyber Com Consulting EC AB
    (556554-3161)
  • Cyber Com Net Business Consulting AB
    (556567-9445)
  • Cyber Com Mobile Communication Scandinavia AB
    (556577-1606)
  • Cyber Com Consulting Innovation Stockholm AB
    (556535-3389)
  • Cyber Com Consulting 603 AB
    (556538-0432)
  • Cyber Com Consulting Business Uniware AB
    (556542-2127)
  • Cyber Com Consulting Business Solutions AB
    (556544-6332)
  • Cyber Com Consulting ConcentIT AB
    (556563-8359)
  • Cyber Com Consulting Communications i Stockholm AB
    (556566-1575)
  • Cyber Com Consulting CoreTech Stockholm AB
    (556566-0452)
  • Cyber Com Pir New World Media AB
    (556571-9845)
  • Cyber Com Consulting PM AB
    (556575-7589)
  • Cyber Com Consulting ProvideIT AB
    (556575-9783)
  • Cyber Com Consulting ConnectIT i Sverige AB
    (556579-4608)
  • Cyber Com Consulting Electronic Business AB
    (556579-4582)
  • Cyber Com Consulting AE BS AB
    (556576-8347)
  • Cyber Com Consulting I-Net Solutions AB
    (556577-4717)
  • Cyber Com Consulting Syd AB
    (556581-6674)
  • Cyber Com Intra-X AB
    (556498-6825)
  • Cyber Com StreamIT AB
    (556551-4568)
  • Mobility Partner Europe AB
    (556582-4421)

In 2006, this second-tier subsidiary merged with Cybercom CG SIT AB, the parent company:

  • Cybercom Öst AB (556591-6524)

Most of the merged subsidiaries were inactive until the mergers were registered. Together, the merged subsidiaries contribute net sales of SEK 799 thousand and operating loss of SEK 653 thousand to the parent company's accounts.

Note 1-16 Note 17-33
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