Porsche 2004 Annual Report Download - page 156

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152
Significant Equity Investments
Share in Net income 1) Sales1) Employees
capital
%T€T€
CTS Fahrzeug-Dachsysteme
Gesellschaft mit beschränkter Haftung, Hamburg 5) 100 24,152 384,360 822
Porsche Financial Services GmbH & Co.KG, Bietigheim-Bissingen 100 9,806 318,407 –
Porsche Consulting GmbH, Bietigheim-Bissingen 100 4,999 3) 23,682 106
Porsche Financial Services GmbH, Bietigheim-Bissingen 100 1,946 3) 20,590 38
PIKS Porsche-Information-Kommunikation-Services GmbH, Stuttgart 100 2,391 3) 33,459 101
Porsche Deutschland GmbH, Bietigheim-Bissingen 100 24,653 3) 921,133 83
Porsche Ibérica S.A., Madrid, Spain 100 5,244 163,765 39
Porsche Italia S.p.A., Padua, Italy 100 7,307 312,242 52
Porsche France S.A., Boulogne-Billancourt, France 100 6,177 187,687 35
Porsche Cars Great Britain Ltd., Reading, United Kingdom 100 27,991 670,509 107
Porsche Financial Services Great Britain Ltd.,
Reading, United Kingdom 100 4) 6,027 43,604 7
Porsche Retail Group Ltd., Reading, United Kingdom 100 4) 9,614 330,535 300
Porsche Cars North America, Inc., Wilmington/Delaware, USA 100 4) 69,134 1,803,149 215
Porsche Liquidity LLC, Wilmington/Delaware, USA 100 4) 8,257 136,746 –
Porsche Cars Canada Ltd., Toronto/Ontario, Canada 100 4) 1,815 122,078 4
Porsche Engineering Services, Inc., Wilmington/Delaware, USA 100 4) 696 13,640 151
Porsche Funding Ltd. Partnership, Wilmington/Delaware, USA 100 4) 6,992 22,228 –
Porsche Japan K.K., Tokyo, Japan 100 6,774 207,532 60
Porsche Cars Australia Pty. Ltd., Collingwood, Australia 100 4,748 97,297 34
Porsche Middle East FZE, Dubai, United Arab Emirates 100 5,750 183,798 20
2)
Fully consolidated
entities – Germany
Fully consolidated
entities – other countries
1) Equity and net income for the year from financial statements prepared in accordance with local law
or earnings before profit transfer for the fiscal year from August 1, 2004 to July 31, 2005.
Net income and sales denominated in foreign currency were translated at the average annual exchange rate.
2) Number of employees as of the end of the entity’s fiscal year.
3) Before profit transfer (net income incl. tax allocation).
4) Indirect equity investment.
5) Based on interim financial statements as of July 31, 2005.