Annual Report 2010 - Knorr-Bremse AG.
Annual Report 2010 - Knorr-Bremse AG.
Annual Report 2010 - Knorr-Bremse AG.
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 147<br />
1 Consolidated affiliated companies<br />
(continued)<br />
Share in<br />
capital in %<br />
Sociedad Española de Frenos, Calefacción y Señales S.A., Getafe/Spain 100.0<br />
Stahlwerk Volmarstein GmbH, Wetter (Ruhr)/Germany 100.0<br />
STE Schwingungs-Technik GmbH, Klieken/Germany 100.0<br />
SYDAC PTY. LTD., Adelaide/Australia 100.0<br />
Sydac Ltd., Manchester/Great Britain 100.0<br />
Techtrain Associates Limited, Doncaster/Great Britain 100.0<br />
Unicupler GmbH, Niederurnen/Switzerland 100.0<br />
Westinghouse Brakes Australia Pty. Ltd., Concord West/Australia 100.0<br />
Westinghouse Platform Screen Doors (Guangzhou) Ltd., Guangzhou/China 65.0<br />
Westinghouse Platform Screen Doors Ltd., Walsall/Great Britain 100.0<br />
2 Associated companies valued using the equity method Share in<br />
capital in %<br />
Gorilla Brake & Components, Inc., Brantford, Ont./Canada 20.0<br />
Icer Brakes S.A., Pamplona/Spain 25.0<br />
Webasto Kiekert Bustüren GmbH, Karlsfeld/Germany 50.0<br />
3 Affiliated companies not included in consolidation Share in<br />
capital in %<br />
Black River Air Logistics Corp., Watertown, NY/USA 100.0<br />
Di-Pro LLC., Fresno, California/USA 100.0<br />
Freios <strong>Knorr</strong> Argentina S.A., Buenos Aires/Argentina 100.0<br />
KB Investment UK Ltd., Chippenham/Great Britain 100.0<br />
<strong>Knorr</strong>-<strong>Bremse</strong> RUS OOO, Nizhny Novgorod/Russia 100.0<br />
Metco Technical Consulting <strong>AG</strong>, Zug/Switzerland 100.0<br />
Sigma Coachair (UK) Holdings Ltd., London/Great Britain 100.0<br />
Sigma Transit Systems (Taiwan) Co. Ltd./Taiwan 100.0<br />
4 Associated companies valued without using the equity method Share in<br />
capital in %<br />
Megalith Grundstücksverwaltungsgesellschaft mbH & Co. Vermietungs KG, Mainz/Germany<br />
100.0<br />
– Deutsche-Anlagen-Leasing GmbH holds majority voting rights<br />
OLB Oberlandbahn Fahrzeugbereitstellungs GmbH, Munich/Germany 24.8<br />
Sanctor Grundstücks-Vermietungsgesellschaft mbH & Co. Objekt Marzahn KG, Düsseldorf/Germany<br />
99.0<br />
– Deutsche-Anlagen-Leasing GmbH holds majority voting rights<br />
After reporting an annual net loss for the year of TEUR 402, OLB shows a net deficit of TEUR 11,199 which<br />
is not covered by equity capital (as at 2008, based on most recently available figures). Icer Brakes S.A. is<br />
headquartered in Pamplona/Spain. The company was included in consolidation for the first time as at<br />
September 30, <strong>2010</strong>. The purchase price amounted to TEUR 4,500. The TEUR 2,869 goodwill included in<br />
the purchase price will be amortized over a 20-year period. As at the balance sheet date, there are no<br />
other differences for companies valued using the equity method.