Details of the investment as are follows
Name of undertaking Registered Nature of business share %
office class
Aden France France Engineering and technical Studies Ordinary 100% Indirect
Axeau France Wholesale trade of electronic and Ordinary 100% Indirect
telecommunication, component and
equipment
Finaden France Fund Management Ordinary 100% Indirect
Finafive Services SAS France Head office activities Ordinary 100% Direct
Five Services France Sale of water filtration and vaulting
equipment Ordinary 100% Indirect
HMS France wholesale trade of miscellaneous
industrial supplies and equipment Ordinary 100% Indirect
Alpha Hydro Engineering France Engineering and technical studies Ordinary 100% Indirect
The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows:
Name of undertaking Year end Profit Capital & reserves
€ €
Aden France 31/12/2021 3,040 446,866
Axeau 31/12/2021 687,966 1,921,105
Finaden 31/12/2020 (4,365) 1,534,598
Finafive Services SAS 31/12/2021 199,202 2,216,638
Five Services 31/12/2021 (838,107) 236,925
HMS 31/12/2021 4,167 88,102
Alpha Hydro Engineering 31/12/2021 12,727 40,176