2007 Reference document (PDF) - Valeo
2007 Reference document (PDF) - Valeo
2007 Reference document (PDF) - Valeo
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Companies Countries % voting<br />
rights<br />
Consolidated fi nancial statements at December 31, <strong>2007</strong><br />
Notes to consolidated financial statements<br />
<strong>2007</strong> 2006 2005<br />
% interest % voting<br />
rights<br />
% interest % voting<br />
rights<br />
% interest<br />
Nursan OK (1) Turkey 40 40 40 40 40 40<br />
<strong>Valeo</strong> Otomotiv Dagitim A S Turkey 100 100 100 100 100 100<br />
<strong>Valeo</strong> Otomotiv Sistemleri Endustrisi A S Turkey 100 100 100 100 100 100<br />
<strong>Valeo</strong> Interbranch Automotive Software<br />
(Egypt) Egypt 100 100 100 100 - -<br />
<strong>Valeo</strong> Systems South Africa (Proprietary) Ltd<br />
NORTH AMERICA<br />
South Africa<br />
United<br />
51 51 51 51 51 51<br />
<strong>Valeo</strong> Aftermarket, Inc.<br />
States<br />
United<br />
100 100 100 100 100 100<br />
<strong>Valeo</strong> Electrical Systems, Inc.<br />
States<br />
United<br />
100 100 100 100 100 100<br />
<strong>Valeo</strong> Investment Holdings, Inc.<br />
States 100 100 100 100 100 100<br />
<strong>Valeo</strong> Raytheon Systems, Inc. (2)<br />
United<br />
States<br />
United<br />
77.8 77.8 77.2 77.2 73.1 73.1<br />
<strong>Valeo</strong> Compressor North America, Inc.<br />
States<br />
United<br />
100 100 100 100 100 100<br />
Telma Retarder Inc.<br />
States<br />
United<br />
100 100 100 100 100 100<br />
<strong>Valeo</strong> Acustar Thermal Systems, Inc.<br />
States<br />
United<br />
51 51 51 51 51 51<br />
<strong>Valeo</strong> Climate Control Corp.<br />
States<br />
United<br />
100 100 100 100 100 100<br />
<strong>Valeo</strong> Friction Materials, Inc.<br />
States<br />
United<br />
100 100 100 100 100 100<br />
<strong>Valeo</strong>, Inc.<br />
States<br />
United<br />
100 100 100 100 100 100<br />
<strong>Valeo</strong> Switches and Detection Systems, Inc. States 100 100 100 100 100 100<br />
<strong>Valeo</strong> Sylvania, LLC (2)<br />
United<br />
States<br />
United<br />
50 50 50 50 50 50<br />
<strong>Valeo</strong> Thermal Systems NA, Inc<br />
States 100 100 - - - -<br />
Delmex de Juarez S de RL de CV Mexico 100 100 100 100 100 100<br />
Telma Retarder de Mé xico, SA de CV<br />
<strong>Valeo</strong> Automotive Electrical Systems de<br />
Mexico 100 100 100 100 100 100<br />
Mé xico, SA de CV Mexico 100 100 100 100 100 100<br />
<strong>Valeo</strong> Sistemas Elé ctricos, SA de CV<br />
<strong>Valeo</strong> Sistemas Elé ctricos Servicios S de RL<br />
Mexico 100 100 100 100 100 100<br />
de CV Mexico 100 100 100 100 100 100<br />
<strong>Valeo</strong> Sistemas Elé ctricos, SA de CV Mexico 100 100 100 100 100 100<br />
<strong>Valeo</strong> Sylvania Iluminació n, S de RL de CV (2) <strong>Valeo</strong> Té rmico, SA de CV (merged in <strong>Valeo</strong><br />
Mexico 50 50 50 50 50 50<br />
Sistemas Elé ctricos, SA de CV) Mexico - - 100 100 100 100<br />
<strong>Valeo</strong> Té rmico Servicios S de RL de CV Mexico 100 100 100 100 100 100<br />
<strong>Valeo</strong> Climate Control de Mé xico, SA de CV<br />
<strong>Valeo</strong> Climate Control de Mé xico Servicios<br />
Mexico 100 100 100 100 100 100<br />
S de RL de CV Mexico 100 100 100 100 100 100<br />
(1) Company accounted for by the equity method.<br />
(2) Company consolidated on a proportional basis.<br />
(3) Company sold in 2006.<br />
(4) Company sold in <strong>2007</strong>.<br />
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<strong>2007</strong> <strong>Reference</strong> <strong>document</strong> - VALEO<br />
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