Volvo 2010 Annual Report Download - page 127

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AB VOLVO’S HOLDING OF SHARES
Dec 31, 2009 Dec 31, 2010
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 – 7 286 458
Blue Chip Jet II HB, Sweden 969717-2105 50 206 170
Other investments 26 22
Total carrying value, non-Group companies 518 650
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, 2009 Dec 31, 2010
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 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 Group Automotive Ticaret, Ltd, Sirketi, Turkey1– 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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