TomTom 2008 Annual Report Download - page 51

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/ 49
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
OF TOMTOM NV
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)
Where necessary, adjustments are made to the Financial Statements of subsidiaries to bring their accounting
policies in line with those used by other members of the Group.
All intercompany transactions, balances, income and expenses are eliminated on consolidation.
The Consolidated Financial Statements for 2008 include the Financial Statements of TomTom NV and the following
subsidiaries:
Country of Proportion of
incorporation Place of ownership
Subsidiary name and residence residence interest
TomTom International BV NL Netherlands 100%
TomTom Sales BV NL Netherlands 100%
TomTom Global Assets BV NL Netherlands 100%
TomTom Inc. US United States 100%
TomTom Software Ltd. UK United Kingdom 100%
TomTom Asia Ltd. TW Taiwan 100%
Drivetech Inc. TW Taiwan 100%
TomTom Development Germany GmbH DE Germany 100%
Tele Atlas BV NL Netherlands 100%
Tele Atlas GmbH AT Austria 100%
Tele Atlas Data Gent NV BE Belgium 100%
Phonetic Topographics NV BE Belgium 100%
Tele Atlas Canada CA Canada 100%
Navigation Information Company Ltd. CN China 100%
Sipolment Holding Ltd. CY Cyprus 100%
Bolgota Holding Ltd. CY Cyprus 100%
Tele Atlas Scandinavia ApS DK Denmark 100%
Tele Atlas Finland OY FI Finland 100%
Tele Atlas France SARL FR France 100%
Tele Atlas Germany Finance 4 GmbH DE Germany 100%
Tele Atlas Data ’s-Hertogenbosch BV HU Hungary 100%
Kalyani Net Ventures Ltd. IN India 60%
PT Tele Atlas Indonesia ID Indonesia 75%
Tele Atlas Italia Srl IT Italy 100%
Tele Atlas Malaysia Sdn Bhd. MY Malaysia 100%
Tele Atlas Mexico S de RL de CV MX Mexico 100%
Tele Atlas Polska Sp. Z.o.o. PL Poland 100%
Tele Atlas Unipessoal LDA PT Portugal 100%
O.o.o. Tele Atlas Rus RU Russia 100%
O.o.o. Tele Atlas CIS holding RU Russia 100%
Tele Atlas Asia Pacific Pte Ltd. SG Singapore 100%
Tele Atlas Africa (Pty) Ltd ZA South Africa 76%
Tele Atlas Iberia SL ES Spain 100%
Tele Atlas Sweden AB SE Sweden 100%
Tele Atlas Schweiz AG CH Switzerland 100%
Tele Atlas Taiwan Co., Ltd. TW Taiwan 70%
Tele Atlas Thailand Co., Ltd. TH Thailand 80%
Tele Atlas Survey BV NL Netherlands 100%
Tele Atlas North America Holding BV NL Netherlands 100%
Tele Atlas Data ’s-Hertogenbosch BV NL Netherlands 100%
Bene-Fin BV NL Netherlands 100%
Tele Atlas JLT Co. AE United Arab Emirates 100%
Tele Atlas UK Ltd. UK United Kingdom 100%
Tele Atlas North America Inc. US United States 100%