Financial statements Principal subsidiaries, joint ventures and associates
Austria FrieslandCampina Austria GmbH, Stainach Romania FrieslandCampina Romania S.A., Satu Mare (99.99%) Russia Campina LLC, Moscow Spain FrieslandCampina Canarias S.A., Las Palmas China FrieslandCampina (Hong Kong) Ltd., Hong Kong FrieslandCampina Trading (Shanghai) Co. Ltd., Shanghai Indonesia PT Frisian Flag Indonesia, Jakarta (95%) PT Kievit Indonesia, Jakarta Philippines Alaska Milk Corporation, Manilla (99.68%) Maleaysia Dutch Lady Milk Industries Berhad, Petaling Jaya (50.96%) Singapore FrieslandCampina (Singapore) Pte. Ltd., Singapore Thailand FrieslandCampina Fresh (Thailand) Co Ltd., Bangkok FrieslandCampina (Thailand) PCL, Bangkok (99.71%) Vietnam FrieslandCampina Ha Nam Co. Ltd., Phu Ly FrieslandCampina Vietnam Co. Ltd., Binh Duong Province (70%) Saudi Arabia Friesland Arabia Ltd., Jeddah United Arab Emirates FrieslandCampina Middle East JLT, Dubai Ghana FrieslandCampina West Africa Ltd, Accra Nigeria FrieslandCampina WAMCO Nigeria Plc., Ikeja (54.58%) USA FrieslandCampina Ingredients North America Inc, Wilmington, State: Delaware Joint ventures and associates 4 Betagen Holding Ltd., Hongkong, China (50%) CoĂśperatieve Zuivelinvesteerders U.A., Oudenhoorn, the Netherlands (49%) Dutch Dairy Ingredients B.V., Leeuwarden, the Netherlands (82.33%) Great Ocean Ingredients Pty Ltd., Allansford, Victoria, Australia (50%)
4
FrieslandCampina does not have control over these joint ventures and associates. This assessment is based on an analysis of both the shares held and FrieslandCampina’s voting rights within the joint venture or associated interest.
135