SHARES HELD BY SUBSIDIARIES
(Share capital and face value in thousand)
Company City Country Currency
Share
capital
No. of
shares
Face
value
Owner-
ship %
Jotun Powder Coatings AS
Jotun Bulgaria EOOD Sofia Bulgaria EUR 3 - 3 100.00
Jotun CZECH a.s. Usti nad Labem Czaech Republic CZK 183 000 12 800 183 000 100.00
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 134 567 653 114 950 57 917 918 43.04
Jotun Kenya Limited Nairobi Kenya KES 484 000 24 200 24 200 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 33 414 15 414 134 0.40
Jotun Powder Coatings Pakistan (Pvt) Ltd. Lahore Pakistan PKR 1 437 678 103 898 434 1 039 003 72.27
Jotun Paints (HK) Ltd.
Jotun Coatings (Zhangjiagang) Co. Ltd. Zhangjiagang China CNY 217 858 - 217 858 100.00
Jotun (Shanghai) Manangement 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 769 843 1 77 0.01
Jotun Myanmar Services Company Limited Yangon Myanmar MMK 2 212 500 1 22 125 0.01
Jotun Myanmar Company Limited Yangon Myanmar MMK 25 262 487 1 2 526 0.01
Jotun Singapore Pte Ltd.
P.T. Jotun Indonesia Jakarta Indonesia IDR 134 567 653 1 500 403 703 0.30
5.7 Associates and joints ventures
SHARES HELD DIRECTLY BY JOTUN A/S
(Share capital, face value and book value in thousand)
Company City Country Currency
Share
capital
No of
shares Face value
Book value
NOK
Owner-ship
%
Jotun COSCO Marine Coatings (HK) Ltd. Hong Kong China HKD 279 150 2 000 139 575 34 231 50.00
Jotun Saudia Co. Ltd. Dammam Saudi Arabia SAR 18 500 7 400 7 400 39 274 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 24 340 000 1 217 000 12 170 000 81 937 50.00
Jotun U.A.E. Ltd. (LLC) Dubai UAE AED 24 340 000 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 318 453
SHARES HELD BY OTHER JOTUN ENTITIES
(Share capital and face value in thousand)
Company City Country Currency
Share
capital
No of
shares
Face
value
Ownership
%
Jotun Paints Co. L.L.C.
Jotun Yemen Paints Ltd. Aden Yemen YER 562 207 20 000 123 686 22.00
Jotun Saudia Co. Ltd.
Jotun Yemen Paints Ltd. Aden Yemen YER 562 207 20 000 95 575 17.00
Jotun U.A.E. Ltd. (LLC)
Jotun Abu Dhabi Ltd. Abu Dhabi UAE AED 4 000 4 000 1 600 40.00
Jotun COSCO Marine Coatings (HK) Ltd.
Jotun COSCO Marine Coatings (Qingdao) Co Qingdao China CNY 250 973 - 250 973 100.00
Jotun Powder Coatings U.A.E. Ltd.
Jotun Powder Coat. Saudi Arabia Co. Ltd. Dammam Saudi Arabia SAR 28 600 85 800 11 440 40.00
Jotun Powder Coatings AS
Jotun Powder Coatings U.A.E. Ltd. Dubai UAE AED 3 000 3 000 1 410 47.00
For further information regarding investments in associates and joint ventures, see Note 3.4 and 5.5 to
the consolidated financial statements.
5.8 Other investments
(Share capital, face value and book value in thousand)
Company City Country Currency Share capital
No of
shares
Face
value
Book value
NOK
Ownership
%
Nor-Maali OY Lahti Finland EUR 8 10 000 3 8 180 33.44
Other companies 548
Total 8 728
5.9 Share capital and shareholder information
See Note 5.8 to the consolidated financial statements.
Back to Notes for the Parent Company
JOTUN A/S
68