Financial report

7 Investment in subsidiaries

The consolidated financial statements include the financial statements of the Company and the subsidiaries listed below. Details of investments in subsidiaries as at 30 June are as follows:

 

 

 

 

Name

Location

Percentage of ownership

 

 

 

 

 

 

30 June 2021

31 December 2020

PolyPeptide Laboratories Holding B.V.

Hoofddorp, The Netherlands

100%

100%

PolyPeptide Laboratories Holding (PPL) AB

Malmö, Sweden

100%

100%

PolyPeptide S.A.

Braine, Belgium

100%

100%

PolyPeptide Laboratories (Sweden) AB

Malmö, Sweden

100%

100%

PolyPeptide Laboratories A/S

Hillerød, Denmark

100%

100%

PolyPeptide Institute Spol S.r.o.

Prague, Czech Republic

0%

100%

PolyPeptide Laboratories GmbH

Wolfenbüttel, Germany

100%

100%

PolyPeptide Laboratories Inc.

Torrance, USA

100%

100%

PolyPeptide Laboratories San Diego LLC

San Diego, U.S.A.

100%

100%

PolyPeptide Labs Pvt Ltd

Mumbai, India

100%

100%

PolyPeptide Laboratories France SAS

Strasbourg, France

100%

100%

Percentage of voting shares is equal to percentage of ownership.

PolyPeptide Institute Spol S.r.o. has been liquidated during the first six months of 2021 and PolyPeptide Laboratories GmbH is in the process of liquidation. No further financial impact is expected related to the final liquidation of this company.