Electrolux 2013 Annual Report Download - page 141

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Subsidiaries Holding, %
Major Group companies
Argentina Frimetal S.A 99.49
Australia Electrolux Home Products Pty. Ltd 100
Austria Electrolux Hausgeräte GmbH 100
Electrolux CEE Ges.m.b.H. 100
Belgium Electrolux Home Products Corporation N.V. 100
Brazil Electrolux do Brasil S.A. 100
Canada Electrolux Canada Corp. 100
Chile CTI S.A. 99.49
Somela S.A. 98.12
China Electrolux (Hangzhou) Domestic Appliances Co. Ltd 100
Electrolux (China) Home Appliance Co. Ltd 100
Denmark Electrolux Home Products Denmark A/S 100
Egypt Olympic Group Financial Investment S.A.E. 99.94
Finland Oy Electrolux Ab 100
France Electrolux France SAS 100
Electrolux Home Products France SAS 100
Electrolux Professionnel SAS 100
Germany Electrolux Deutschland GmbH 100
Electrolux Rothenburg GmbH Factory and Development 100
Hungary Electrolux Lehel Kft 100
Italy Electrolux Appliances S.p.A. 100
Electrolux Professional S.p.A. 100
Electrolux Italia S.p.A. 100
Luxembourg Electrolux Luxembourg S.à r.l. 100
Mexico Electrolux de Mexico, S.A. de C.V. 100
The Netherlands Electrolux Associated Company B.V. 100
Electrolux Home Products (Nederland) B.V. 100
Norway Electrolux Home Products Norway AS 100
Poland Electrolux Poland Spolka z.o.o. 100
Spain Electrolux Home Products España S.A. 100
Electrolux Home Products Operations España S.L. 100
Sweden Electrolux Laundry Systems Sweden AB 100
Electrolux HemProdukter AB 100
Electrolux Professional AB 100
Electrolux Appliances AB 100
Switzerland Electrolux AG 100
United Kingdom Electrolux Plc 100
Electrolux Professional Ltd. 100
US Electrolux Home Products, Inc. 100
Electrolux North America, Inc. 100
Electrolux Professional Inc. 100
Note 29 Shares and participations
Associated companies
Participation in associated companies amounted in total to SEK221m
(16). In the first quarter of 2013 The Group acquired and subsequently
partly divested the real estate company owning the Corporate head office
to the Swedish pension foundation at fair value. The remaining investment
in the real estate company Gångaren 13 Holding AB is SEK203m repre-
senting a 50% ownership. The shareholding is classified as an associated
company. Electrolux owns 39.3% of Sidème, France, with a carrying
amount SEK13 (12) and 24.5% of European Recycling Platform, France,
with a carrying amount SEK 5m (4). Both companies are unlisted and
Electrolux participation remained unchanged during the year.
Companies classified as assets available for sales
Electrolux holds 2.8% (2.8) of the shares in Videocon Industries Ltd.,
India, with a carrying amount of SEK159m (228).
Group companies
The following table lists the major companies included in the Electrolux
Group. A detailed specification of Group companies has been submitted
to the Swedish Companies Registration Office and is available on
request from AB Electrolux, Investor Relations and Financial Information.
139ANNUAL REPORT 2013