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Å kodaAuto ANNUAL REPORT 2003 - Skoda Auto

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6. Investments in controlled entities and subsidiaries and in associatesŠkoda <strong>Auto</strong> has investments in the following subsidiaries and associated companies – companies with significant and controlling influence:Book value (acquisition value) Shareholding Shareholders' Profit/loss CurrencyEquity31 Dec. <strong>2003</strong> 31 Dec. 2002 31 Dec. 2002* 31 Dec. 2002* 2002in CZK thousand in CZK thousand % in CZK thousand in thousand in thousandŠkoda<strong>Auto</strong> Deutschland GmbH 197,739 197,739 100.0 (139,546) (4,416) (4,031) EURŠKODA AUTO Slovensko s.r.o. 48,917 48,917 100.0 186,912 248,622 12,499 SKKŠKODA IMMO s.r.o. 212,906 212,906 100.0 221,731 221,731 (49,531) CZKŠKODA AUTO BH d.o.o. 175 175 100.0 162 10 281 DEMZAO ŠKODA AUTO Udmurtija 100 100 75.1 71 100 0 RURSKODA AUTO POLSKA S.A. 838 838 51.0 100,018 24,935 9,102 PLN<strong>Skoda</strong> <strong>Auto</strong> India Private Ltd.** 17,947 0 99.99 (13,883) (22,424) (26,757) INRe4t electronics for transportation s.r.o. 98 98 49.0 749 1,528 1,115 CZKŠKO-ENERGO, s.r.o. 3,400 3,400 34.0 6,342 18,653 2,265 CZKŠKO-ENERGO FIN, s.r.o. 25,977 39,477 10.0 40,478 404,776 116,625 CZKTotal 508,097 503,650* As at 31 December 2002 as audited financial statements for <strong>2003</strong> were not available at the date of preparation of the notes to the financial statements of Škoda <strong>Auto</strong>.** As at 31 March <strong>2003</strong>.The financial situation of Škoda<strong>Auto</strong> Deutschland in 2002 was considerably influenced by the recession on the world market. Given that thesituation improved during <strong>2003</strong> and the Company expects a further improvement in the situation in the future, no provision was madeagainst the investment.Enterprises and companies in which Škoda <strong>Auto</strong> holds investments have paid dividends in an amount of CZK 25,973 thousand in <strong>2003</strong>(2002: CZK 22,494 thousand, 2001: CZK 16,763 thousand).During <strong>2003</strong> the registered capital in <strong>Skoda</strong> <strong>Auto</strong> India Private Ltd. was increased. This transaction has increased the shareholding of theCompany in <strong>Skoda</strong> <strong>Auto</strong> India Private Ltd. from 50% to 99.99%.The registered offices of companies in which Škoda <strong>Auto</strong> has a shareholding of over 20%:Škoda<strong>Auto</strong> Deutschland GmbHŠKODA AUTO Slovensko, s.r.o.ŠKODA IMMO s.r.o.SKODA AUTO POLSKA, S.A.e4t electronics for transportation s.r.o.ŠKO-ENERGO,s.r.o.SKODA AUTO BH d.o.o.ZAO ŠKODA AUTO Udmurtija<strong>Skoda</strong> <strong>Auto</strong> India Private Ltd.Weiterstadt, Federal Republic of GermanyBratislava, SlovakiaMladá Boleslav, Czech RepublicPoznan, PolandPrague, Czech RepublicMladá Boleslav, Czech RepublicSarajevo-Vogošča, Bosnia - HerzegovinaIževsk, Russian FederationAurangabad, India66

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