Volvo 1997 Annual Report Download - page 68

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Dec. 31, 1997 Dec. 31, 1996
AB Volvo’s holding of shares and Registration Percentage Book value Book value
participations in Group companies (cont.) number holding SEK M SEK M
Volvo Bus Corporation, Göteborg, Sweden 556197-3826 100 181 181
Säffle Karosseri AB, Säffle, Sweden 556058-3485 100 — —
Aabenraa Karrosseri AS, Aabenraa, Denmark — 100 — —
Volvo Bus Poland Sp.ZO.O., Warsawa, Poland — 55 — —
Volvo Busse Deutschland GmbH, Heilbronn, Germany — 100 — —
Volvo Austria GmbH, Wien, Austria — 100 — —
Prévost Car Inc, St Claire, Canada — 51 — —
Volvo Bus Asia Pacific (Pte) Ltd, Singapore — 100 — —
Volvo Construction Equipment N.V., Waddinxveen, The Netherlands — 100 2,582 2,582
Volvo Wheel Loaders AB, Eskilstuna, Sweden 556310-1319 100 — —
Volvo Construction Equipment Components AB, Eskilstuna, Sweden 556527-6820 100 — —
Volvo Articulated Haulers AB, Växjö, Sweden 556360-1615 100 — —
Volvo Construction Equipment Parts AB, Eskilstuna, Sweden 556310-1301 100 — —
Volvo Anläggningsmaskiner Norden AB, Eskilstuna, Sweden 556008-6430 100 — —
Volvo Excavators AB, Eslöv, Sweden 556022-1813 100 — —
Volvo Construction Equipment International AB, Eskilstuna, Sweden 556310-1293 100 — —
Volvo Materiels Tp France S.A., Trappes, France — 100 — —
Groupe Pel Job SA, Annecy le Vieux, France — 100 — —
Framateq S.A., Danmarie le lys Melun, France — 100 — —
Volvo Maquinaria De Construccion España S.A., Madrid, Spain — 100 — —
Volvo Construction Equipment GB Ltd, Duxford, Great Britain — 100 — —
Volvo Baumaschinen Deutschland GmbH, Konz, Germany — 100 — —
Zettelmeyer GmbH, Konz, Germany — 100 — —
Champion Road Machinery Ltd, Goderich, Canada — 100 — —
Volvo Equipamentos De Construcao Ltda, Campinas, Brazil — 100 — —
Volvo Construction Equipment Australia Pty Ltd, Parramatta, Australia — 100 — —
Volvo Construction Equipment East Asia (Pte) Ltd, Singapore — 100 — —
AB Volvo Penta, Göteborg, Sweden 556034-1330 100 421 421
Volvo Penta Norden AB, Göteborg, Sweden 556127-7533 100 — —
Volvo Penta U.K Ltd, Watford, Great Britain — 100 — —
Volvo Penta Central Europe GmbH, Kiel, Germany — 100 — —
Volvo Penta Benelux BV, Mijdrecht, The Netherlands — 100 — —
Volvo Penta France S.A, Nanterre, France — 100 — —
Volvo Penta Italia SpA, Trezzano sul Naviglio, Italy — 100 — —
Volvo Penta España, S.A., Madrid, Spain — 100 — —
Volvo Penta Asia (Pte) Ltd, Singapore — 100 — —
Volvo Penta Japan Corporation (Kabushiki Kaisha), Tokyo, Japan 100
Volvo Aero Corporation, Trollhättan, Göteborg, Sweden 556029-0347 100 1,843 1,647
Volvo Aero Engine Services AB, Stockholm, Sweden 556328-9171 90 — —
Volvo Aero Turbines (UK) Ltd, Coventry, Great Britain — 100 — —
VNA Holding Inc, Greensboro, USA — 100 1,054 556
Volvo Trucks North America, Inc., Greensboro, USA — 100 — —
Volvo Construction Equipment North America Inc., Asheville, USA — 100 — —
Euclid-Hitachi Heavy Equipment Inc. Cleveland, Ohio, USA — 60 — —
Volvo Penta of The Americas, Inc., Chesapeake, USA — 100 — —
The AGES Group, Boca Raton, USA — 60 — —
Volvo Group North America, Inc., New York, USA — 100 — 34
Volvo Group Finance Sweden AB, Göteborg, Sweden 556135-4449 100 2,348 2,348
Försäkrings AB Volvia, Göteborg, Sweden 557207-1784 100 601 601
Volvo Group Insurance Försäkrings AB, Göteborg, Sweden 516401-8037 100 182 182
Danafjord AB, Göteborg, Sweden 556006-8313 100 508 508
Volvo Information Technology AB, Göteborg, Sweden 556103-2698 100 54 54
Fortos Ventures AB, Stockholm, Sweden 556004-2748 100 340 —
Volvo Group Credit Sweden AB, Göteborg, Sweden 556000-5406 100 486 486
Sotrof AB, Göteborg, Sweden 556519-4494 100 9,854 9,854
Other companies 236 235
Total book value, subsidiaries539,868 46,893
5 AB Volvo’s share of shareholders’ equity in subsidiaries (including equity in untaxed reserves) was 61,800 (75,380).
Notes to Consolidated financial statem ents