Electrolux 2002 Annual Report Download - page 56

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    
N
N 26 S  
Book value, equity
Holding, % method, SEKm
Associated companies and joint ventures
Eureka Forbes Ltd, India 40.0 68
Atlas Eléctrica, S.A., Costa Rica 18.4 51
Shanghai-Zanussi Elettromeccanica Co. Ltd, China 30.0 40
Saudi Refrig Mfg, Saudi Arabia 49.0 24
Sidème S.A., France 34.0 21
Viking Financial Services, USA 50.0 7
Diamant Boart S.A., Argentina 46.7 4
A/O Khimki Husqvarna, Russia 50.0 2
IVG Bulka-Lehel GmbH, Germany 50.0 1
Diamant Boart Inc., The Philippines 20.0 1
e2 Home AB, Sweden 50.0 1
Manson Tools AB, Sweden 49.0 0
MISR Compressor Manufacturing Co., S.A.E., Egypt 27.7 –53
167
Book value,
Holding, % SEKm
Other companies
Primus Capital Fund II, USA — 87
Nordwaggon AB, Sweden 50.0 25
Veneta Factoring S.p.A., Italy 10.0 20
Business Partners B.V., The Netherlands 0.7 14
Philco Air Conditioning, China 5.0 9
Banca Popolare Friuladria, Italy — 3
Other 9
167
Holding, %
Subsidiaries
Major Group companies:
Australia Electrolux Home Products Pty. Ltd 100
Austria Electrolux Hausgeräte G.m.b.H. 100
Electrolux Austria G.m.b.H. 100
Verdichter OE G.m.b.H. 100
Belgium Electrolux Home Products Corp. N.V. 100
Electrolux Belgium N.V. 100
Diamant Boart International S.A. 100
Brazil Electrolux do Brasil S.A. 98.1
Canada Electrolux Canada Corp. 100
China Electrolux Home Appliances (Hangzhou) Co. Ltd 100
Electrolux Zhongyi (Changsha) Refrigerators Co. Ltd 60
Zanussi Zhongyi (Changsha) Refrigerators Co. Ltd 60
Zanussi Elettromeccanica Tianjin Compressor Co. Ltd 50
Denmark Electrolux Holding A/S 100
Electrolux Home Products Denmark A/S 100
A/S Vestfrost 50
Finland Oy Electrolux Ab 100
Oy Electrolux Kotitalouskoneet Ab 100
France Electrolux France S.A. 100
Electrolux Home Products France S.A. 100
Electrolux Professionnel S.A. 100
Germany Electrolux Deutschland GmbH 100
AEG Hausgeräte GmbH 100
Hungary Electrolux Lehel Hütögépgyár Kft 100
India Electrolux Kelvinator Ltd 76
Italy Electrolux Zanussi S.p.A. 100
Zanussi Elettromeccanica S.p.A. 100
Electrolux Professional S.p.A. 100
Electrolux Zanussi Italia S.p.A. 100
Luxembourg Electrolux Luxembourg S.à r.l. 100
Mexico Electrolux de Mexico, S.A. de CV 100
The total acquistion cost for these associated companies and
joint ventures is SEK 295m. Electrolux does not have unlimited liability for any of these
companies.