Volvo 1998 Annual Report Download - page 92

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90
Dec 31, 1997 Dec 31, 1998
Registration Percentage Book value Book value
AB Volvo’s holding of shares and participations in Group companies (cont.) number holding SEK M SEK M
Volvo Construction Equipment NV, Beesd, 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 Customer Support AB, Eskilstuna, Sweden 556310-1301 100 – —
Volvo Excavators AB, Eslöv, Sweden 556022-1813 100 – —
Volvo Construction Equipment International AB, Eskilstuna, Sweden 556310-1293 100 – —
Volvo Materiels Tp France SA, Trappes, France — 100 – —
Groupe Pel Job SA, Annecy le Vieux, France — 100 – —
Framateq SA, Danmarie le lys Melun, France — 100 – —
Volvo Maquinaria De Construccion España SA, San Fernando do Henar, Spain — 100 – —
Volvo Construction Equipment GB Ltd, Duxford, Great Britain — 100 – —
Volvo Baumaschinen Deutschland GmbH, Konz, Germany — 100 – —
Volvo Compact Service Equipment GmbH, Konz, Germany — 100 – —
Champion Road Machinery Ltd, Ontario, Canada — 100 – —
Volvo Construction Equipment Australia Pty Ltd, Chatswood, 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 Central Europe GmbH, Kiel, Germany — 100 – —
Volvo Penta Benelux BV, Mijdrecht, The Netherlands — 100 – —
Volvo Penta France SA, Nanterre, France — 100 – —
Volvo Penta Italia SpA, Trezzano sul Naviglio, Italy — 100 – —
Volvo Penta España, SA, Madrid, Spain — 100 – —
Volvo Penta Asia (Pte) Ltd, Singapore — 100 – —
Volvo Penta Japan Corporation (Kabushiki Kaisha), Tokyo, Japan 100 – —
Volvo Aero AB, Trollhättan, Sweden 556029-0347 100 1,843 2,015
Volvo Aero Engine Services AB, Stockholm, Sweden 556328-9171 100 — —
Volvo Aero Turbines AB, Malmö, Sweden 556092-3574 100 — —
VNA Holding Inc, Greensboro, United States — 100 1,054 1,627
Volvo Trucks North America, Inc, Greensboro, United States — 87 – —
Volvo Construction Equipment North America Inc, Asheville, United States — 100 – —
Volvo Penta of The Americas Inc, Chesapeake, United States — 100 – —
Volvo Aero North America, Wilmington, United States — 100 – —
Volvo Group Treasury North America Inc, Montvale, United States — 100 – —
The AGES Group, Boca Raton, United States — 57 – —
Volvo Group Finance Sweden AB, Göteborg, Sweden 556135-4449 100 2,348 3,044
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 –
Volvo Information Technology AB, Göteborg, Sweden 556103-2698 100 54 0
Fortos Ventures AB, Stockholm, Sweden 556004-2748 100 340 340
Volvo Group Credit Sweden AB, Göteborg, Sweden 556000-5406 100 486 486
Sotrof AB, Göteborg, Sweden 556519-4494 100 9,854 9,854
Volvo Technology Transfer AB, Göteborg, Sweden 556542-4370 100 66 66
Volvo Holding Danmark AS, Broendby, Denmark — 100 – 133
Volvo Group Finance Europe BV, Amsterdam, The Netherlands — 100 – 1,003
Volvo Construction Equipment Korea Co, Ltd, Changwon, South Korea — 100 — —
Volvo International Holding BV, Beesd, The Netherlands — 100 – 70
Volvo Car Finance UK Ltd, Marlow, Great Britain — 100 – 431
Volvo Car UK Ltd, Marlow, Great Britain — 100 – 265
Volvo Penta UK Ltd, Watford, Great Britain — 100 – 64
Volvo Holding Italia SpA, Bologna, Italy — 100 – 49
Mexicana de Autobuses, SA de CV, Mexico City, Mexico — 100 – 764
Other companies 170 187
Total book value, subsidiaries 539,868 45,193
5 AB Volvo’s share of shareholders in subsidiaries (including equity in untaxed reserves) was 53,202 (61,800).