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Jotun Annual Report 2016

60 JOTUN A/S SHARES HELD BY SUBSIDIARIES (SHARE CAPITAL AND FACE VALUE IN NOK THOUSAND) SHARE NO. OF FACE STAKE COMPANY CITY COUNTRY CURRENCY CAPITAL SHARES VALUE % Jotun Powder Coatings AS Jotun Bulgaria EOOD Sofia Bulgaria EUR 3 – 3 100.00 Jotun Czech a.s. Usti nad Labem Czech Republic CZK 128 000 12 800 128 000 100.00 Jotun Powder Coatings LLL Cairo Egypt EGP 5 270 5 90.00 Jotun India Private Ltd. Mumbai India INR 4 227 790 6 860 000 151 355 3.58 PT Jotun Powder Coatings Indonesia Jakarta Indonesia IDR 30 343 803 114 950 28 826 613 95.00 Jotun Kenya Limited Nairobi Kenya KES 176 000 2 200 8 800 5.00 Jotun Powder Coatings (M) Sdn. Bhd. Kuala Lumpur Malaysia MYR 1 950 1 950 003 1 950 100.00 Jotun Mexico, S.A. de C.V. Veracruz Mexico MXN 11 392 1 114 1.00 Jotun Powder Coatings Pakistan (Pvt) Ltd Lahore Pakistan PKR 1 050 984 103 898 434 1 039 003 98.86 Jotun Iberica S.A. Jotun Portugal Tintas S.A. Setubal Portugal EUR – – – 100.00 Jotun Paints (HKL) Ltd. Jotun Coatings (Zhangjiagang) Co. Ltd. Zhangjiagang China CNY 217 858 – 217 858 100.00 Jotun (Shanghai) Management Co., Ltd. Shanghai China CNY 12 252 – 12 252 100.00 Jotun Coatings (Taiwan) Ltd company Taipei China TWD 30 000 30 000 000 30 000 100.00 Jotun B.V. Jotun (Deutschland) Gmbh Hamburg Germany EUR 614 1 200 102 16.67 Jotun Hellas Ltd. Glyfada Greece EUR 343 297 9 2.60 Jotun (Malaysia) Sdn.Bhd. Jotun Bangladesh Ltd Dhaka Bangladesh BDT 225 655 1 23 0.01 Jotun Myanmar Services Company LTD Yangon Myanmar MMK 1 302 500 50 13 025 1.00 Jotun Myanmar Company Limited Yangon Myanmar MMK 5 035 589 1 504 0.01 Jotun Singapore Pte Ltd P.T. Jotun Indonesia Jakarta Indonesia IDR 104 223 850 1 500 573 231 0.55 The voting interest corresponds to the share interest. SHARES IN JOINT VENTURES AND ASSOCIATED COMPANIES 9 SHARES HELD DIRECTLY BY THE PARENT COMPANY ( SHARE CAPITAL AND VALUES IN NOK THOUSAND) BOOK SHARE NO. OF FACE VALUE STAKE COMPANY CITY COUNTRY CURRENCY CAPITAL SHARES VALUE NOK % Jotun COSCO Marine Coatings (HK) Ltd. Hong Kong China HKD 279 150 2 000 139 575 34 231 50.00 Red Sea Paints Co. Ltd. Jeddah Saudi Arabia SAR 9 500 9 500 3 800 21 995 40.00 Jotun Saudia Co. Ltd. Dammam Saudi Arabia SAR 9 000 9 000 3 600 17 278 40.00 Jotun Powder Coat. Saudi Arabia Co. Ltd. Dammam Saudi Arabia SAR 28 600 85 800 8 580 25 612 30.00 Chokwang Jotun Ltd. Busan South Korea KRW 11 140 000 557 000 5 570 000 31 953 50.00 Jotun U.A.E. Ltd. (LLC) Dubai UAE AED 4 000 2 000 1 660 108 929 41.50 Jotun Abu Dhabi Ltd. Abu Dhabi UAE AED 4 000 4 000 1 400 28 061 35.00 Jotun Yemen Paints Ltd. Aden Yemen YER 562 207 20 000 78 709 710 14.00 Shares held by Jotun A/S for third parties –301 Total 268 469


Jotun Annual Report 2016
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