Cemex 2012 Annual Report Download - page 118
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Notes to the
consolidated
financial
statements
118
< previous I contents I next >
27) Main operating subsidiaries
The main operating subsidiaries as of December 31, 2012 and 2011 were as follows:
% interest
Subsidiary Country 2012 2011
CEMEX México, S. A. de C.V. 1 Mexico 100.0 100.0
CEMEX España, S.A. 2 Spain 99.9 99.9
CEMEX, Inc. United States 100.0 100.0
CEMEX Latam Holdings, S.A. 3 Spain 74.4 –
CEMEX (Costa Rica), S.A. Costa Rica 99.1 99.1
CEMEX Nicaragua, S.A. Nicaragua 100.0 100.0
Assiut Cement Company Egypt 95.8 95.8
CEMEX Colombia S.A. Colombia 99.7 99.7
Cemento Bayano, S.A. Panama 99.5 99.5
CEMEX Dominicana, S.A. Dominican Republic 100.0 100.0
CEMEX de Puerto Rico Inc. Puerto Rico 100.0 100.0
CEMEX France Gestion (S.A.S.) France 100.0 100.0
Solid Cement Corporation 4 Philippines 100.0 100.0
APO Cement Corporation 4 Philippines 100.0 100.0
CEMEX (Thailand) Co., Ltd. 4 Thailand 100.0 100.0
CEMEX Holdings (Malaysia) Sdn Bhd 4 Malaysia 100.0 100.0
CEMEX U.K. United Kingdom 100.0 100.0
CEMEX Deutschland, AG. Germany 100.0 100.0
CEMEX Austria, AG. Austria 100.0 100.0
CEMEX Hrvatska d.d. Croatia 100.0 100.0
CEMEX Czech Operations, s.r.o. Czech Republic 100.0 100.0
CEMEX Polska sp. Z.o.o. Poland 100.0 100.0
CEMEX Hungária Kft. Hungary 100.0 100.0
Readymix PLC. 5 Ireland 100.0 61.2
CEMEX Holdings (Israel) Ltd. Israel 100.0 100.0
CEMEX SIA. Latvia 100.0 100.0
CEMEX Topmix LLC, CEMEX Supermix LLC and CEMEX Falcon LLC 6 United Arab Emirates 100.0 100.0
CEMEX AS. Norway 100.0 100.0
Cimentos Vencemos do Amazonas, Ltda. Brazil 100.0 100.0
Global Cement, S.A. Guatemala 100.0 51.0
CEMEX El Salvador, S.A. El Salvador 100.0 100.0
Readymix Argentina, S.A. Argentina 100.0 100.0
CEMEX Jamaica. Jamaica 100.0 100.0
Neoris N.V. The Netherlands 99.6 99.6
1 CEMEX México, S.A. de C.V. is the indirect holding company of CEMEX España, S.A. and subsidiaries.
2 CEMEX España, S.A. is the indirect holding company of all CEMEX’s international operations.
3 CEMEX Latam Holdings, S.A., which is listed in the Colombian stock exchange, is subsidiary of CEMEX España and the indirect holding company of
CEMEX’s operations in Colombia, Costa Rica, Panama, Brazil, Guatemala and El Salvador (note 20D).
4 Represents CEMEX’s indirect interest in the economic benefits of these entities.
5 Readymix plc was listed in the Irish stock exchange until May 17, 2012 (note 15A).
6 CEMEX owns 49% of the common stock of these entities and obtains 100% of the economic benefits, through arrangements with other stockholders.