Participation in associated companies | ||
2010 | 2009 | |
Opening balance, January 1 | 19 | 27 |
Acquisitions | — | — |
Operating result | — | 1 |
Dividend | — | — |
Tax | — | — |
Divestment | — | –8 |
Other | –2 | –1 |
Exchange difference | — | — |
Closing balance, December 31 | 17 | 19 |
Participation in associated companies at December 31, 2010, includes goodwill with the amount of SEK 2m (2).
Companies classified as assets available for sale | ||
Holding, % | Carrying amount | |
Videocon Industries Ltd., India | 2.9 | 293 |
The Group’s share of the associated companies, all of which are unlisted, were at December 31, 2010, as follows:
Associated companies | ||||||||||||
2010 | ||||||||||||
Relation to Electrolux1) | Income statement | Balance sheet | ||||||||||
Partici-pation, % | Carrying amount | Receiv- ables | Liabilities | Sales | Purchases | Income | Net results | Total assets | Total liabilities |
|||
Sidème, France | 39.3 | 13 | 44 | — | 241 | 3 | 525 | –1 | 182 | 151 | ||
European Recycling Platform, ERP, France | 24.5 | 4 | — | 51 | — | 83 | 23 | 3 | 246 | 232 | ||
Total | — | 17 | 44 | 51 | 241 | 86 | 548 | 2 | 428 | 383 | ||
1) From Electrolux perspective. |
The Group’s share of the associated companies, all of which are unlisted, were at December 31, 2009, as follows:
2009 | ||||||||||||
Relation to Electrolux1) | Income statement | Balance sheet | ||||||||||
Partici-pation‚% | Carrying amount |
Receiv-ables | 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. |
Subsidiaries | Holding, % | |
Major Group companies | ||
Australia | Electrolux Home Products Pty. Ltd | 100 |
Austria | Electrolux Hausgeräte G.m.b.H. | 100 |
Electrolux CEE G.m.b.H. | 100 | |
Belgium | Electrolux Home Products Corporation 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 |
Electrolux Rothenburg GmbH Factory and Development Germany | 100 | |
Hungary | Electrolux Lehel Hütögépgyár 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 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 North America, 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.