ANNUAL%20REPORT%202015%20eng

Notes to Consolidated Financial Statements
17 INTERESTS IN SUBSIDIARIES
The following list contains only the particulars of subsidiaries which principally affected the results, assets or
liabilities of the Group. The class of shares held is ordinary unless otherwise stated.
Name of company
Place of
incorporation
and business
Particulars of
issued and paid
up capital
Equity attributable
to the Company
Direct Indirect
Principal activities
Mongolian Coal
Corporation Limited
Hong Kong
1 share of
HKD1 each
100% — Investment holding
Mongolian Coal
Corporation S.à.r.l.
Luxembourg
6,712,669 shares
of USD10 each
— 100% Investment holding
Energy Resources
Corporation LLC
Mongolia
103,800,000 shares
of USD1 each
— 100% Investment holding
Energy Resources LLC Mongolia 75,000,185 shares
of USD2 each
Energy Resources Rail LLC Mongolia 15,300,000 shares
of MNT1,000 each
Transgobi LLC Mongolia 9,122,642 shares
of MNT1,000 each
Tavan Tolgoi Airport LLC Mongolia 5,795,521 shares
of MNT1,000 each
Enrestechnology LLC Mongolia 374,049,073 shares
of MNT1,000 each
— 100% Mining and trading
of coals
— 100% Railway project
management
— 100% Coal haulage and
logistics management
— 100% Airport operation and
management
— 100% Coal plant
management
Ukhaa Khudag Water
Supply LLC
Mongolia
96,016,551 shares
of MNT1,000 each
— 100% Water exploration and
supply management
United Power LLC Mongolia 100,807,646 shares
of MNT1,000 each
Gobi Road LLC Mongolia 50,000 shares
of MNT1,000 each
Khangad Exploration LLC Mongolia 34,532,399 shares
of USD1 each
Baruun Naran S.à.r.l. Luxembourg 24,918,394 shares
of EUR1 each
— 100% Power supply project
management
— 100% Construction of road
— 100% Exploration and
development of coal
mine
— 100% Investment holding
160
Annual Report 2015