Page 62 - Kitron Annual Report 2011

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Notes to the financial statements Kitron ASA
62
Kitron annual report 2011
Investment in subsidiaries
Business
Share-
Voting
Equity
Result
Book
(Amounts in NOK 1000)
office
holding
share
past year
past year
value
Kitron AS
Arendal
100%
100% 157 121
17 413 232 336
Kitron Sourcing AS
Oslo
100%
100%
10 840
(1 758)
11 400
Kitron Karlskoga AB
Karlskoga, Sweden
100%
100%
6 822
2 644
30 000
Kitron AB
Jönköping, Sweden
100%
100%
19 739
(2 223)
13 463
Kitron Flen AB
Flen, Sweden
100%
100%
6 989
(3)
31 332
Kitron Hong Kong Ltd Hong Kong
100%
100%
(710)
(631)
81
Kitron GmbH
Grossbetlingen, Germany
100%
100%
(7 138)
(3 809)
2 403
Kitron Inc
Johnstown, US
100%
100%
(7 446)
(5 503)
583
UAB Lumen Intellectus Kaunas, Lithuania
100%
100%
1 868
241
12 421
UAB Kitron
Kaunas, Lithuania
100%
100% 111 013
27 848
29 180
Total investment in subsidiaries
363 199
The Kitron Hong Kong Ltd. subsidiary owns shares in the following subsidiary:
Company
Business
Share-
Voting
Equity
Result
Book
(Amounts in NOK 1000)
office
holding
share
past year
past year
value
Kitron Electronics Manufacturing
(Ningbo) Co., Ltd.
Ningbo China
100%
100%
(3 867) (13 352)
14 531
Kitron Electromechanical
(Ningbo) CO. Ltd.
Ningbo, China
100%
100%
914
(120)
1 524
Note 9 Investment in subsidiaries