Note 29 - Shares and participations

All amounts in SEKm unless otherwise stated

Associated companies

Participation in associated companies amounted in total to SEK 16m (18). Electrolux owns 39.3% of Sidème, France, with a carrying amount SEK 12 (14) and 24.5% of European Recycling Platform, France, with a carrying amount SEK 4m (4). Both companies are unlisted and Electrolux participation remained unchanged during the year.

Companies classified as assets available for sales

Electrolux holds 2.8% (2.9) of the shares in Videocon Industries Ltd., India, with a carrying amount of SEK 228m (202).

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.

     
Subsidiaries   Holding, %
Major Group companies  
Argentina Frimetal S.A. 99.38
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
  Electrolux Belgium N.V. 100
Brazil Electrolux do Brasil S.A. 100
Canada Electrolux Canada Corp. 100
Chile Compañia Tecno Industrial S.A. 99.38
  Somela S.A. 97.57
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. 99.88
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 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