D-Link 2014 Annual Report Download - page 27

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4
D-LINK CORPORATION AND SUBSIDIARIES
Notes to the consolidated financial statements
(Continued)
(c) Basis of consolidation
(1) Principle of preparation of the consolidated financial statements
The consolidated financial statements comprised of the Company and its subsidiaries. The
financial statements of subsidiaries are included in the consolidated financial statements from the
date that control commences until the date that control ceases. Losses applicable to the
non-controlling interests in a subsidiary are allocated to the non-controlling interests even if
doing so causes the non-controlling interests to have a deficit balance.
Intra-group balances, income and expenses should be eliminated in full in preparing the
consolidated financial statements.
Changes in the Consolidated Company’s ownership interest in a subsidiary that do not result in a
loss of control are accounted for as equity transactions.
(2) List of subsidiaries in the consolidated financial statements
Shareholding
Name of
investor
Name of subsidiary
Principal
activity
December
31, 2014
December 31,
2013
Note
The Company
D-Link Holding Company Ltd.
(D-Link Holding)
Holding company 100.00% 100.00%
The Company D-Link Canada Inc. (D-Link Canada)
Marketing and
after-sales service
100.00% 100.00%
The Company D-Link Japan K.K. (D-Link Japan)
Marketing and
after-sales service
100.00% 100.00%
The Company
D-Link Intvestment Pte. Ltd. (D-Link
Investment)
Holding company 100.00% 100.00%
D-Link Investment
was incorporated in
the first quarter of
2014, with an
investment of
$61,104 thousand.
The Company and
D-Link Holding
D-Link Sudamerica S.A. (D-Link
Sudamerica)
Marketing and
after-sales service
100.00% 100.00%
The Company and
D-Link Holding
D-Link Brazil LTDA (D-Link Brazil)
Marketing and
after-sales service
100.00% 100.00%
The Company
D-Link Latin America Company Ltd.
(D-Link L.A.)
Marketing and
after-sales service
100.00% 100.00%
The Company and
D-Link
Sudamerica
D-Link Mexicana S.A de C.V (D-Link
Mexicana)
Marketing and
after-sales service
100.00% 100.00%
The Company and
D-Link Holding
D-Link Systems, Inc. (D-Link
Systems)
Marketing and
after-sales service
97.76% 97.76%
The Company and
D-Link Holding
D-Link International Pte. Ltd. (D-Link
International)
Marketing, purchase
and after sales
service
100.00% 100.00%
The Company and
D-Link
International
D-Link Australia Pty Ltd. (D-Link
Australia)
Marketing and
after-sales service
100.00% 100.00%
The Company and
D-Link
International
D-Link Middle East FZCO (D-Link
ME)
Marketing and
after-sales service
100.00% 100.00%
D-Link
International
D-Link Korea Limited (D-Link
Korea)
Marketing and
after-sales service
100.00% 100.00%