Volvo 2009 Annual Report Download - page 129
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AB Volvo’s holding of shares
Dec 31, 2008 Dec 31, 2009
AB Volvo’s holding of shares
and participations in non-Group companies1Registration
number Percentage
holding2
Carrying value,
SEK M Carrying value,
SEK M
Deutz AG, Germany – 7 212 286
Blue Chip Jet II HB, Sweden 969717-2105 50 198 206
Other investments 25 26
Total carrying value, non-Group companies 435 518
1 AB Volvo’s holdings of shares and participations include the direct and indirect holdings of VE Commercial Vehicles (VECV). AB Volvo’s direct holdings in VECV
amount to SEK 1,845 M. In the consolidated accounts of the Volvo group, VECV is reported as a joint venture, consolidated according to the proportionate
method, and accordingly included in the table for group companies below.
2 Percentage figures refer to share capital as well as voting rights.
Dec 31, 2008 Dec 31, 2009
AB Volvo’s holding of shares and
participations in major Group companies Registration
number Percentage
holding Carrying value,
SEK M Carrying value,
SEK M
Volvo Lastvagnar AB, Sweden 556013-9700 100 8,678 8,678
Volvo Truck Center Sweden AB, Sweden 556072-7777 100 – –
Volvo Finland AB, Finland –100 – –
Volvo Group Belgium NV, Belgium –100 – –
Volvo Group UK Ltd, Great Britain –100 – –
Volvo Otomotiv Turk Ltd STI, Turkey –100 – –
Volvo India Ltd, India –100 – –
Volvo Holding Sverige AB, Sweden 556539-9853 100 7,634 7,634
Volvo Logistics AB, Sweden 556197-9732 100 – –
BRS Ltd, Great Britain –100 – –
Volvo Construction Equipment North America, Canada –100 – –
Volvo Polska Sp. O.O., Poland –100 – –
Volvo (Southern Africa) Pty Ltd, South Africa –100 – –
Volvo do Brasil Veiculos Ltda, Brazil –100 – –
Banco Volvo (Brasil) SA, Brazil –100 – –
Volvo Group Canada Inc., Canada –100 – –
Prévost Car Inc, Canada –100 – –
Volvo Group Australia Pty Ltd, Australia –100 – –
Volvo Holding France SA, France –100 – –
Volvo Trucks France s.a.s., France –100 – –
Volvo Compact Equipment s.a.s., France –100 – –
Volvo CE Europe s.a.s., France –100 – –
VFS Finance France s.a.s., France –100 – –
VFS Location France s.a.s., France –100 – –
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