Annual Report 2016

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33. (B) Financial fixed assets

Subsidiary Takings
Unlisted SharesConvertible loan stockLoansTotal
At the beginning of the financial year1148087,76688,257
Acquired during year----
At the end of the financial year1148087,76688,257

At 30 March 2016 the carrying amount of the investment in subsidiary undertakings was reviewed for impairment in accordance with our accounting policies. No impairment loss was recognised in 2016 (2015: €nil, 2014: €nil). A list of the entity’s subsidiary undertakings is set out in note 25.