BMW 2003 Annual Report Download - page 120

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119
1]In the case of German affiliated companies, based on financial statements drawn up in accordance with HGB.
2]below euro 500,000
3]profit and loss transfer agreement with a subsidiary of BMW AG
4]profit and loss transfer agreement with BMW AG
5]In the case of foreign affiliated companies, based on financial statements drawn up in accordance with uniform IFRSs accounting policies.
Equity and net result are translated at the closing rate.
Principal subsidiaries of BMW AG Equity Net result Capital
at 31 December 2003 investment
in euro million in euro million in %
Foreign5]
BMW Coordination Center N.V., Bornem 523 70 100
BMW Finance N.V., The Hague 192 49 100
BMW Overseas Enterprises N.V., Willemstad 58 1 100
BMW Österreich Holding GmbH, Steyr 1,139 31 100
BMW Motoren GmbH, Steyr 469 144 100
BMW Austria Gesellschaft m.b.H., Salzburg 36 5 100
BMW Holding B.V., The Hague 4,314 482 100
BMW Japan Corp.,Tokyo 556 71 100
BMW Japan Finance Corp.,Tokyo 217 20 100
BMW (Schweiz) AG, Dielsdorf 278 19 100
BMW (South Africa) (Pty) Ltd., Pretoria 274 84 100
BMW Italia S.p.A., Milan 160 62 100
BMW Ibérica S.A., Madrid 149 38 100
BMW France S. A., Montigny-le Bretonneux 148 50 100
BMW Australia Finance Ltd., Melbourne, Victoria 109 17 100
BMW Canada Inc., Whitby 93 11 100
BMW Belgium Luxembourg S.A./N.V., Bornem 70 17 100
BMW Australia Ltd., Melbourne, Victoria 69 25 100
BMW Sverige AB, Stockholm 52 32 100
BMW de Mexico, S.A. de C.V., Mexico City 46 15 100
BMW Korea Co., Ltd., Seoul 33 11 100
BMW Nederland B.V., The Hague 22 10 100
BMW (UK) Holdings Ltd., Bracknell 1,864 160 100
BMW (GB) Ltd., Bracknell 364 53 100
BMW (UK) Manufacturing Ltd., Bracknell 335 117 100
BMW Financial Services (GB) Ltd., Hook 207 30 100
BMW (UK) Capital plc, Bracknell 130 14 100
BMW (US) Holding Corporation, Wilmington, Del. 706 72 100
BMW of North America, LLC, Wilmington, Del. 1,464 10 100
BMW Manufacturing Corp., Wilmington, Del. 600 129 100
BMW Financial Services NA, LLC, Wilmington, Del. 276 56 100
BMW US Capital, LLC, Wilmington, Del. 204 22 100