iLOQ-vuosikertomus 2018

Note 5

Group structure and business combinations

iLOQ Group’s structure is described below:

Subsidiaries included in the consolidated financial statements:
Subsidiary name: Domicile Shareholding (%)
iLOQ Sverige AB Sweden 100
iLOQ Deutschland GmbH Germany 100
iLOQ Nederland BV Netherlands 100
iLOQ Denmark ApS Denmark 100
iLOQ Norge AS Norway 100
iLOQ France SAS France 100
iLOQ Iberia SLU Spain 100

In the 2018 financial period, iLOQ opened new national companies in France and Spain. The Group did not acquire or sell any businesses in 2018.

The Group also has the subsidiaries iLOQ USA Inc. and iLOQ Canada Inc., which are not included in the consolidated financial statements. These are inactive companies.