Volvo 2011 Annual Report Download - page 139
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Please find page 139 of the 2011 Volvo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.AB VOLVO’S HOLDING OF SHARES
AB Volvo’s holding of shares
and participations in non-Group companies1
Dec 31, 2011 Dec 31, 2010
Registration
number Percentage
holding2Carrying value,
SEK M Carrying value,
SEK M
Deutz AG, Germany – 7 299 458
Blue Chip Jet II HB, Sweden 969717-2105 50 413 170
Other investments 25 22
Total carrying value, non-Group companies 737 650
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 1,848 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.
AB Volvo’s holding of shares and
participations in major Group companies
Dec 31, 2011 Dec 31, 2010
Registration
number Percentage
holding Carrying value,
SEK M Carrying value,
SEK M
Volvo Lastvagnar AB, Sweden 556013-9700 100 8,711 8,678
Volvo Truck Center Sweden AB, Sweden 556072-7777 100 – –
Volvo Finland AB, Finland – 100 – –
Volvo Group Belgium NV, Belgium – 100 – –
Volvo Group UKLtd, Great Britain – 100 – –
Volvo India Ltd, India – 100 – –
Volvo Holding Sverige AB, Sweden 556539-9853 100 7,634 7,634
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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