financial report and registration document 2011 - Groupe SEB
financial report and registration document 2011 - Groupe SEB
financial report and registration document 2011 - Groupe SEB
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6 Notes<br />
Company fi nancial statements<br />
to the Company fi nancial statements<br />
NOTE 3 LIST OF SUBSIDIARIES AND AFFILIATES<br />
Note 3.1. MAIN SUBSIDIARIES AND AFFILIATES<br />
3.1.1. Subsidiaries (more than 50%-owned)<br />
(in € millions) Equity % interest<br />
Carrying<br />
amount of<br />
investment<br />
Loans <strong>and</strong><br />
advances<br />
given <strong>and</strong><br />
received by the<br />
Company<br />
Guarantees <strong>and</strong><br />
bonds given by<br />
the Company<br />
Dividends<br />
received by<br />
the Company<br />
during the year<br />
Calor S.A.S. 5.2 100% 33.9 10.3 -<br />
S.A.S. <strong>SEB</strong> 15.2 100% 95.5 9.1 -<br />
Tefal S.A.S. 48.8 100% 6.6 17.6 - 3.5<br />
Rowenta France S.A.S. 8.0 100% 17.6 (6.1) -<br />
Seb Développement S.A.S. 15.3 100% 14.8 2.8 -<br />
Rowenta Invest BV 183.4 100% 211.8 0.1 -<br />
Seb Internationale S.A.S. 521.9 100% 213.3 682.8 - 61.9<br />
<strong>Groupe</strong> <strong>SEB</strong> France 199.7 98% 73.9 (148.8) - 68.4<br />
<strong>Groupe</strong> <strong>SEB</strong> Export 38.0 100% 38.0 85.7 - 6.3<br />
<strong>Groupe</strong> <strong>SEB</strong> Moulinex (12.3) 100% 44.3 11.2 -<br />
<strong>Groupe</strong> <strong>SEB</strong> Retailing 2.3 100% 3.0 0.0 -<br />
Seb Alliance 29.8 100% 7.6 5.2 -<br />
3.1.2. Affi liates (10% to 50%-owned)<br />
(in € millions) Equity % interest<br />
Carrying<br />
amount<br />
of investment<br />
Loans <strong>and</strong><br />
advances<br />
given <strong>and</strong><br />
received by the<br />
Company<br />
Guarantees <strong>and</strong><br />
bonds given by<br />
the Company<br />
Dividends<br />
received by<br />
the Company<br />
during the year<br />
S.I.S. 3.6 46.81% 0.5 6.3 - 0.9<br />
Domaine de Seillac S.A. (at 31 December 2003) (0.8) 24.75% 0 - - -<br />
As allowed by Article 24 paragraph 11 of decree 83.1020 dated 29 November<br />
1983, the results of individual subsidiaries are not disclosed because the<br />
Company considers that disclosure of this information could be seriously<br />
prejudicial to its interests. Additional information analysed by geographic<br />
segment is provided in the notes to the consolidated fi nancial statements<br />
(Note 4 – Segment information). Consolidated Group revenue generated<br />
by direct <strong>and</strong> indirect subsidiaries <strong>and</strong> affi liates totalled €3,963.3 million in<br />
<strong>2011</strong> <strong>and</strong> profi t attributable to owners of the parent came to €234.6 million.<br />
Note 3.2. AGGREGATE INFORMATION<br />
ON OTHER SUBSIDIARIES<br />
AND AFFILIATES<br />
At 31 December <strong>2011</strong> the aggregate carrying amount of the Company’s<br />
investments in other subsidiaries <strong>and</strong> affi liates was €0.2 million.<br />
146 GROUPE <strong>SEB</strong> Financial Report <strong>and</strong> Registration Document <strong>2011</strong>
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