2004 - Asianbanks.net

6. Equity InvestmentsThis account consists of investments in:GroupParent Company2003(As20042003(As restated) 2004restated)(In Thousands)At equity:Acquisition cost of:Wholly and majority owned (Note 2)PCI Leasing P=– P=– P=1,854,073 P=1,854,073PCI Capital – – 1,719,483 1,719,483ESHC – – 1,000,000 1,000,000ECN – – 736,250 736,250EBCII – – 500,000 500,000PCIB Properties – – 375,128 375,128ESB – – 300,000 300,000PCI Express HK – – 215,282 215,282Maxicare – – 88,593 88,593JEFC – – 50,000 50,000Equimark – – 44,997 44,997EDCI – – 40,000 40,000PCIB Securities – – 39,177 39,177EPCI Cayman – – 38,399 38,399PCIB S.p.A. – – 32,921 32,921PCI Realty – – 33,510 33,510Express Padala L.A. – – 26,494 26,494Express Padala H.K. – – 27,956 27,956PCI Insurance – – 7,800 7,800PCI Automation – – 7,443 7,443Others – – 6,320 6,320Significantly owned:Jardine Land, Inc. (JLI) (20%) 232,000 232,000 232,000 232,000Taal Land, Inc. (33%) 170,000 170,000 170,382 170,382Maxicare – 119,510 – –- 59-