59 JOTUN A/S Note 8 continues LIST OF SUBSIDIARIES Shares held by subsidiaries and associated companies (Share capital and face value in thousand) Company City capital Jotun Powder Coatings AS Jotun Boya San. Ve Ticaret A.S. Istanbul Turkey TRY 4 275 12 752 700 1 275 29.83 Jotun Thailand Ltd. Bangkok Thailand THB 93 000 9 000 26 505 28.50 Jotun Powder Coatings (CZ) a.s. Usti nad Labem Czech Republic CZK 128 000 12 800 128 000 100.00 Jotun Powder Coatings (M) Sdn. Bhd. Kuala Lumpur Malaysia MYR 1 950 1 950 003 1 950 100.00 PT Jotun Powder Coatings Indonesia Jakarta Indonesia IDR 30 343 803 121 000 30 343 803 100.00 Jotun Powder Coatings Pakistan (Pvt) Ltd Lahore Pakistan PKR 800 990 78 899 000 791 859 98.86 Jotun India Private Ltd. Mumbai India INR 3 577 790 6 860 000 143 112 4.00 Jotun Powder Coatings Ltd. Flixborough UK GBP 400 400 000 400 100.00 Jotun Bulgaria EOOD Sofia Bulgaria EUR 3 - 3 100.00 Jotun Powder Coatings L.L.L. Cairo Egypt EGP 5 270 5 90.00 Jotun Paints (HK) Ltd. Jotun Coatings (Zhangjiagang) Co. Ltd. Zhangjiagang China CNY 217 858 - 217 858 100.00 Jotun (Shanghai) Management Co. Ltd. Shanghai China CNY 12 349 - 12 349 100.00 Jotun Paints Inc PRS Delaware L.L.C. New Orleans US USD 1 000 100 1 000 100.00 Jotun B.V. Jotun (Deutschland) Gmbh Hamburg Germany EUR 614 1 200 614 100.00 Jotun Hellas Ltd. Glyfada Greece EUR 343 297 9 2.60 Scanox AS Butinox Futura Beis og Maling AS Drammen Norway NOK 100 500 100 100.00 Jotun (Malaysia) Sdn.Bhd. Jotun Myanmar Services Comp. Ltd Yangon Myanmar MMK 49 200 50 492 1.00 Jotun Myanmar Company Limited Yangon Myanmar USD 499 420 1 50 0.01 Jotun Singapore Pte Ltd P.T Indonesia Jakarta Indonesia IDR 104 223 850 1 500 573 231 0.55 Number of Share Country shares Face Currency value Stake % The voting interest corresponds to the share interest.
Jotun Annual Report 2014
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