Volvo 2012 Annual Report Download - page 173
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AB Volvo’s Holding of Shares
AB Volvo’s holding of shares
in non-Group companies1
Dec 31, 2012 Dec 31, 2012 Dec 31, 2011
Registration
number Percentage
holding2Carrying value Carrying value
Deutz AG, Germany – 25 1,359 299
Blue Chip Jet II HB, Sweden 969717–2105 50 386 405
Blue Chip Jet HB, Sweden 969639–1011 50 8 8
Other investments – 21 25
Total carrying value, non-Group companies 1,774 737
1 AB Volvo's Volvo's investments in associated companies and other shares and participations include the direct and indirect holdings of VE Commercial Vehicles (VECV).
AB Volvo's direct equity holding is 45.6% and indirect equity holding is 4.6% in VECV amount to 1,848 (1,848). 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
in major subsidiaries
Dec 31, 2012 Dec 31, 2012 Dec 31, 2011
Registration
number Percentage
holding1Carrying value2Carrying value
Volvo Lastvagnar AB, Sweden 556013-9700 100 8 ,711 8 ,711
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, Turkey3–100 – –
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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