Participation in associated companies |
|
|
|
2009 |
2008 |
Opening balance, January 1 |
27 |
32 |
Acquisitions |
— |
— |
Operating result |
1 |
— |
Dividend |
— |
–12 |
Tax |
— |
— |
Divestment |
–8 |
— |
Other |
–1 |
7 |
Exchange difference |
— |
— |
Closing balance, December 31 |
19 |
27 |
Participation in associated companies includes goodwill with the amount of
SEK 2m (2).
Companies classified as assets available for sale |
|
|
|
Holding, % |
Carrying amount, SEKm |
Videcon Industries Ltd., India |
3.8 |
216 |
The Group’s share of the associated companies, all of which are unlisted, were at December 31, 2009, as follows:
Associated companies |
|
|
|
|
|
|
|
|
|
|
|
|
2009 |
|
|
|
Relation to Electrolux1) |
|
Income statement |
|
Balance sheet |
|
Participation, % |
Carrying amount |
Receivables |
Liabilities |
Sales |
Purchases |
|
Income |
Net results |
|
Total assets |
Total liabilities |
Sidème, France |
39.3 |
16 |
85 |
— |
336 |
— |
|
711 |
1 |
|
210 |
176 |
European Recycling Platform, ERP, France |
24.5 |
3 |
— |
56 |
— |
93 |
|
164 |
3 |
|
273 |
258 |
Total |
— |
19 |
85 |
56 |
336 |
93 |
|
875 |
4 |
|
483 |
434 |
|
|
|
|
|
|
|
|
|
|
|
|
|
1) From Electrolux perspective. |
|
|
|
|
|
|
The Group’s share of the associated companies, all of which are unlisted, were at December 31, 2008, as follows:
|
2008 |
|
|
|
Relation to Electrolux1) |
|
Income statement |
|
Balance sheet |
|
Participation, % |
Carrying amount |
Receivables |
Liabilities |
Sales |
Purchases |
|
Income |
Net results |
|
Total assets |
Total liabilities |
Sidème, France |
39.3 |
16 |
64 |
1 |
275 |
1 |
|
514 |
–4 |
|
185 |
151 |
Viking Financial Services, USA |
50.0 |
8 |
— |
— |
— |
— |
|
1 |
1 |
|
15 |
— |
European Recycling Platform, ERP, France |
24.5 |
3 |
— |
— |
— |
101 |
|
176 |
3 |
|
253 |
240 |
Total |
— |
27 |
64 |
1 |
275 |
102 |
|
691 |
— |
|
453 |
391 |
|
|
|
|
|
|
|
|
|
|
|
|
|
1) From Electrolux perspective. |
|
|
|
|
|
|
|
|
|
|
|
Subsidiaries |
|
Holding, % |
Major Group companies |
|
Australia |
Electrolux Home Products Pty. Ltd |
100 |
Austria |
Electrolux Hausgeräte GmbH |
100 |
|
Electrolux CEE GmbH |
100 |
Belgium |
Electrolux Home Products Corp. N.V. |
100 |
|
Electrolux Belgium N.V. |
100 |
Brazil |
Electrolux do Brasil S.A. |
100 |
Canada |
Electrolux Canada Corp. |
100 |
China |
Electrolux (Hangzhou) Domestic Appliances Co. Ltd |
100 |
|
Electrolux (China) Home Appliance Co. Ltd |
100 |
Denmark |
Electrolux Home Products Denmark A/S |
100 |
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 |
|
AEG Hausgeräte GmbH |
100 |
Hungary |
Electrolux Lehel Hütögépgyár Kft |
100 |
Italy |
Electrolux Appliances Italia 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 CV |
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 Floor Care and Small Appliances AB |
100 |
Switzerland |
Electrolux AG |
100 |
United Kingdom |
Electrolux Plc |
100 |
|
Electrolux Professional Ltd |
100 |
USA |
Electrolux Home Products Inc. |
100 |
|
Electrolux Holdings Inc. |
100 |
|
Electrolux Professional Inc. |
100 |
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.