Page 47 - Kitron Annual Report 2011

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Notes to the consolidated financial statements
Set out below are the group’s principal subsidiaries at 31 December 2011. Unless otherwise stated, the sub-
sidiaries as listed below have share capital consisting solely of ordinary shares, which are held directly by the
group and the proportion of ownership interests held equals to the voting rights held by group. The country of
incorporation or registration is also their principal business.
Company name
Country of incorporation
Shareholding
Voting share
Principal activities
Kitron AS
Arendal / Norway
100%
100%
EMS manufacturing
Kitron Sourcing AS
Oslo / Norway
100%
100%
Sourcing services
Kitron Karlskoga AB
Karlskoga / Sweden
100%
100%
EMS manufacturing
Kitron AB
Jönköping / Sweden
100%
100%
EMS manufacturing
Kitron Flen AB
Flen / Sweden
100%
100%
EMS manufacturing
(dormant)
Kitron Hong Kong Ltd
Hong Kong
100%
100%
Trading, sourcing
Kitron GmbH
Grossbetlingen / Germany
100%
100%
EMS manufacturing
Kitron Inc
Johnstown, Pennsylvania / USA 100%
100%
EMS manufacturing
UAB Lumen Intellectus
Kaunas, Lithuania
100%
100%
Property
UAB Kitron
Kaunas, Lithuania
100%
100%
EMS manufacturing
The Kitron Hong Kong Ltd subsidiary owns shares in the following subsidiaries:
Company name
Country of incorporation
Shareholding
Voting share
Principal activities
Kitron Electronics Manufacturing
(Ningbo) CO., Ltd.
Ningbo China
100%
100%
EMS manufacturing
Kitron Electromechanical
(Ningbo) CO. Ltd
Ningbo, China
100%
100%
Purchasing
Note 29 Interest in subsidiaries