SABAF - ANNUAL REPORT 2014
SEPARATE FINANCIAL STATEMENTS AT 31 DECEMBER 2014
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List of investments with additional information required by Consob (Communication Dem76064293 of 28 July 2006) IN SUBSIDIARIES 1 Registered offices
Share capital at 31/12/2014
Shareholders
% equity investment
Net equity at 31/12/2014
2014 net income
Faringosi Hinges S.r.l.
Ospitaletto (BS)
€90,000
Sabaf S.p.A.
100%
€4,549,209
€182,068
Sabaf Immobiliare S.r.l.
Ospitaletto (BS)
€25,000
Sabaf S.p.A.
100%
€20,397,647
€1,429,245
Sabaf do Brasil Ltda
Jundiaì (Brazil)
BRL 24,000,000
Sabaf S.p.A.
100%
BRL 26,836,638
BRL 1,547,953
Sabaf Mexico S.A. de C.V.
San Luis Potosì (Mexico)
MXN 8,247,580
Sabaf S.p.A.
100%
MXN 503,886
MXN -3,600,974
Sabaf US Corp.
Plainfield (USA)
USD 100,000
Sabaf S.p.A.
100%
USD -43,865
USD -70,445
Sabaf Appliance Components (Kunshan) Co., Ltd.
Kunshan (China)
€3,400,000
Sabaf S.p.A.
100%
CNY 28,431,912
CNY 0
Sabaf Beyaz Esya Parcalari Sanayi Ve Ticaret Limited Sirteki
Manisa (Turkey)
TRL 30,885,081
Sabaf S.p.A.
100%
TRL 35,908,535
TRL 4,719,923
Sabaf Appliance Components Trading (Kunshan) Co., Ltd.
Kunshan (China)
€200,000
Sabaf S.p.A.
100%
CNY 1,923,855
CNY 686,314
Company name
Other significant equity investments: None
Origin, possibility of utilisation and availability of reserves Amount
Possible use
Available portion
Amount subject to taxation pertaining to the company in the case of distribution
10,002
A, B, C
10,002
0
Revaluation reserve, Law 413/91
42
A, B, C
42
42
Revaluation reserve, Law 342/00
1,592
A, B, C
1,592
1,592
Legal reserve
2,307
B
0
0
Other surplus reserves:
63,075
A, B, C
62,946
0
(535)
0
0
76,483
74,582
1,634
Description CAPITAL RESERVE: Share premium reserve
SURPLUS RESERVES:
VALUATION RESERVE: Post-employment benefit actuarial reserve TOTAL
KEY: A: for share capital increase B: to hedge losses C: for distribution to shareholders
1 Values taken from the separate financial statements of subsidiaries, prepared in accordance with locally applicable accounting standards