154
Consolidated Financial Statements
% Shareholding
Company
Head Office Dec-12 Dec-11
Maestro - Serviços de Gestão Hoteleira, S.A.
Porto
100% 100%
(c) SEC - Eventos e Catering, S.A.
Maia
100% 100%
(d) IBERSOL - Angola, S.A.
Luanda - Angola 100% 100%
(d) HCI - Imobiliária, S.A.
Luanda - Angola 100% 100%
(e) Parque Central Maia - Activ.Hoteleiras, Lda Porto
100% -
Companies controlled
jointly
UQ Consult - Serviços de Apoio à Gestão, S.A. Porto
50% 50%
(a) Company consortium agreement that acts as the Purchasing and Logistics Centre and provides the respective restaurants with rawmaterials
and maintenance services.
(b) Union Temporal de Empresas which was founded in 2005 and that during the year functioned as the Purchasing Centre in Spain by providing
raw materials to the respective restaurants.
(c) ex-Solinca – Eventos e Catering, S.A..
(d) Subsidiaries excluded from consolidation perimeter in the first half of the year 2011. Only included in the consolidated statements for the
year 2011, having been incorporated since January 1, 2011.
(e) subsidiary incorporated in 2012 in the consolidation, acquired on 14/12/2011,
The subsidiary companies were included in the consolidation by the full consolidation method. UQ Consult, the
Jointly controlled entity, was subject to the proportional consolidation method according to the group’s sharehold-
ing in this company, as indicated in Note 2.2.b).
The shareholding percentages in the indicated companies imply an identical percentage in voting rights.
5.2. Alterations to the consolidation perimeter
5.2.1. Acquisition of new companies
Parque Central Maia – Activ. Hoteleiras, SA was acquired by the amount of 200.000 EUR on December 2011.
Although acquired in the year 2011, the subsidiary was excluded of the year 2011 consolidated statements by im-
materiality. In 2012 it was included since January 1.
