JOTUN A/S
75
Below follows a specification of subsidiaries in which the book value of Jotun A/S’ shares was subject to write down in 2018.
Company Country Write down
(NOK THOUSAND)
Jotun Brasil Imp., Exp. E Ind De Tintas Ltda. Brazil 80 000
Jotun Paints Inc. USA 131 000
Total 211 000
Shares held by subsidiaries and associated companies
(SHARE CAPITAL AND FACE VALUE IN THOUSAND)
Company City Country Currency Share No. of Face Stake
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 Rep. 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
P.T. Jotun Indonesia Jakarta Indonesia IDR 134 567 653 215 260 57 917 918 43.04
Jotun Kenya Limited Nairobi Kenya KES 382 000 2 200 19 100 5.00
Jotun Powder Coatings (Malaysia) 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 26 414 15 414 154 0.01
Jotun Powder Coatings Pakistan (Pvt) Ltd Lahore Pakistan PKR 1 050 984 103 898 434 1 039 003 98.86
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 12 252 – 12 252 100.00
Jotun Coatings (Taiwan) Ltd. Co. 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 596 846 1 60 0.01
Jotun Myanmar Services Company Limited Yangon Myanmar MMK 1 302 500 1 302 13 025 1.00
Jotun Myanmar Company Limited Yangon Myanmar MMK 15 995 987 1 191 1 600 0.01
Jotun Singapore Pte Ltd
P.T. Jotun Indonesia Jakarta Indonesia IDR 134 567 653 1 500 403 703 0.30