26. Non-controlling interests (minority interests)

The following table presents the interest held by third parties in the group's consolidated subsidiaries:

Excel

Subsidiary

Country

% of non controling interest

31 Dec 2014

31 Dec 2013

TomTom Africa (Pty) Ltd.

South Africa

24%

24%

TomTom Navigation Taiwan Co., Ltd.

Rep. of China

30%

30%

Coordina Chile Soluciones de Localizacion Ltda.

Chile

20%

20%

Movilogistica S.A. de CV

Mexico

30%

30%

The movements in the non-controlling interests is presented below.

Excel

(€ in thousands)

2014

2013

BALANCE AS AT 1 JANUARY

2,115

2,642

Non-controlling interests in the net result of subsidiaries

106

524

Dividends paid

–177

–377

Change in share of non-controlling interests

0

18

Currency translation differences

29

–692

BALANCE AS AT 31 DECEMBER

2,073

2,115

The main part of the balance of the non-controlling interest relates to TomTom Africa (Pty) Ltd. There are no material cash balances or assets held by any of the abovementioned subsidiaries.