Principal Subsidiary, Jointly Controlled and Associated Companies and Investments Showing proportion of capital owned at 31st December 2007

Transcription

1 Principal Subsidiary, Jointly Controlled and Associated Companies and Investments PROPERTY DIVISION Cathay shares of 0 Cityplaza Holdings shares of 0 Coventry Estates shares of 0 Festival Walk Holdings ,000 shares of 0 Island Delight share of Property trading One Queen s Road East shares of Oriental Landscapes ,000 shares of 0 Landscaping Pacific Place Holdings shares of Redhill Properties ,000 shares of Swire Properties ,036,542 shares of Holding company Swire Properties Projects shares of Project management Swire Properties Real Estate Agency shares of 0 Real estate agency Swire Properties Management shares of 0 Property management Taikoo Place Holdings shares of One Island East (formerly known as shares of Winimak International Company ) Keen Well Holdings share of Property trading (Sino-foreign joint venture) TaiKoo Hui (Guangzhou) Development Co. Ltd. (Wholly foreign owned enterprises) Beijing Sanlitun North Property Management Co. Ltd. Beijing Sanlitun South Property Management Co. Ltd Registered capital of RMB1,334,000, Registered capital RMB1,042,000, Regisitered capital RMB1,248,000,000 Beijing Sanlitun Hotel Management Co. Ltd Registered capital RMB200,000,000 Sunshine Melody (Guangzhou) Properties Management Ltd Registered capital RMB195,000,000 Hotel investment Notes: (1) This table lists the principal subsidiary, jointly controlled and associated companies of the Group which, in the opinion of the Directors, materially contribute to the net income of the Group or hold a material portion of the assets, or liabilities of the Group. To give full details of these companies would, in the opinion of the Directors, result in particulars of excessive length. (2) Unless otherwise stated, the principal country of operation of each subsidiary is the same as its country of incorporation. The activities of ship owning and operating are international, and are not attributable to a principal country of operation. (3) * Group interest held through jointly controlled and associated companies. (4) Companies not audited by PricewaterhouseCoopers. These companies account for approximately 21.6% of attributable net assets at 31st December

2 Principal Subsidiary, Jointly Controlled and Associated Companies and Investments PROPERTY DIVISION (continued) Subsidiary companies (continued): Incorporated in the United States: Swire Development Sales Inc ,000 shares of US 1 Real estate agency Swire Pacific Holdings Inc. (see also Beverages division) , shares of US$1 Property development and manufacture and sale of Swire Realty Inc ,000 shares of US 1 Real estate agency Swire Properties One Inc shares of US 1 Property trading FTL/AD Florida Partnership Property trading Incorporated in the British Virgin Islands: Charming Grace share of US$1 Property development Swire and Island Communication shares of 0 Developments Boom View Holdings shares of US$1 Incorporated in the United Kingdom: New Light Hotels shares of GBP1 Hotel investment Jointly controlled companies: Hareton shares of 0 Property trading Newfoundworld Investment Holdings 20 * 5 shares of US$1 Holding company Incorporated in the United States: Swire Brickell Key Hotel Florida Partnership Hotel investment Incorporated in the British Virgin Islands: Dazhongli Properties ,000 shares of US$1 Holding company Island Land Development shares of 0 (Domestic Company) Beijing Linlian Real Estate Co. Ltd. (Wholly foreign owned enterprises) Registered capital RMB50,000, * Registered capital US$134,500, * Registered capital US$50,000, * Registered capital US$177,000,000 Associated companies: Queensway Hotel 20 * 100,000 shares of 0 Hotel investment Shangri-La International Hotels (Pacific Place) ,000 shares of Hotel investment Greenroll ,441,000 shares of 0 Richly Leader ,000,000,000 shares of Hotel investment 152 Swire Pacific

3 AVIATION DIVISION Subsidiary company: Swire Aviation ,000 shares of 0 Investment holding Associated companies: Abacus Distribution Systems (Hong Kong) * 15,600,000 shares of Computerised reservation systems and related AHK Air Hong Kong * 54,402,000 A shares of and 36,268,000 B shares of Cargo airline Airline Property * 2 shares of 0 Airline Stores Property * 2 shares of 0 Airline Training Property * 2 shares of 0 Cathay Holidays * 30,000 shares of 00 Travel tour operator Cathay Pacific Airways ,940,025,072 shares of HK$0.20 Cathay Pacific Catering Services (H.K.) Operation of scheduled airline * 600 shares of,000 Airline catering Cathay Pacific Loyalty Programmes * 2 shares of Travel reward programme Global Logistics System (H.K.) Company * 100 shares of 0 Computer network for interchange of air cargo related information Goodrich Asia-Pacific * 9,200,000 shares of Carbon brake machining and wheel hub overhaul Hong Kong Aero Engine Services * 20 shares of 0 Commercial aero engine overhaul Hong Kong Air Cargo Terminals &* 600,000 shares of 00 Air cargo handling service Hong Kong Aircraft Engineering Company * 166,324,850 shares of Aircraft overhaul and maintenance Hong Kong Airport Services * 100 shares of Provision of ground and ramp handling Hong Kong Dragon Airlines * 500,000,000 shares of Airline Hong Kong International Airport Services * 10,000 shares of Ground handling IN-Services Asia * 7,800,000 shares of Aircraft component trading and repair 153

4 Principal Subsidiary, Jointly Controlled and Associated Companies and Investments AVIATION DIVISION (continued) Associated companies (continued): Incorporated in Hong Kong (continued): South China Aero Technology * 500,000 shares of Aircraft product trading HAECO ATE Component Service (formerly known as EADS SOGERMA HAECO Services Company ) * 2,000,000 shares of Aircraft components repairs Vogue Laundry Service * 3,700 shares of HK$500 Laundry and dry cleaning Ground Support Engineering * 2 shares of Airport ground engineering support & equipment maintenance LSG Lufthansa Service Hong Kong * 501 shares of Airline catering Air China 7.04 * 4,405,683,364 H shares of RMB1 7,845,678,909 A shares of RMB1 Operation of scheduled airline (Wholly foreign owned enterprise) Guangzhou Guo Tai Information Processing Company (Sino-foreign joint ventures) Honeywell TAECO Aerospace (Xiamen) Company Goodrich TAECO Aeronautical Systems (Xiamen) Company Taikoo (Shandong) Aircraft Engineering Company Taikoo (Xiamen) Aircraft Engineering Company Taikoo (Xiamen) Landing Gear Services Co. Ltd * Registered capital of HK$7,000, * Registered capital of US$5,000, * Registered capital of US$5,000, * Registered capital of RMB200,000, * Registered capital of US$41,500, * Registered capital of US$13,890,000 Information processing Aircraft hydraulic, pneumatic, avionic component and other aviation equipment repairs Aircraft fuel control, flight control and electrical component repairs Heavy maintenance for narrow bodied aircraft Aircraft overhaul and maintenance Landing gear repairs and overhaul Incorporated in Canada: CLS Catering Services * 330,081 shares of no par value and 1,500,000 preference shares of CAD1 Airline catering Incorporated in Bermuda: Troon * 12,000 shares of US$1 Financial 154 Swire Pacific

5 AVIATION DIVISION (continued) Associated companies (continued): Incorporated in Isle of Man: Cathay Pacific Aircraft Services * 10,000 shares of US$1 Aircraft acquisition facilitator Snowdon * 2 shares of GBP1 Financial Incorporated in Japan: Cathay Kansai Terminal Services Company * 10,574 shares of JPY50,000 Ground handling Incorporated in the Philippines: Cebu Pacific Catering Services Inc * 12,500,000 shares of PHP1 Airline catering Incorporated in Taiwan: China Pacific Catering Services * 146,000,000 shares of NT$10 Airline catering Incorporated in Singapore: Singapore Aero Engine Services Private Incorporated in Vietnam: 3.94 * 54,000,000 shares of US$1 Trent engine overhaul VN/CX Catering Services * 4,062,000 shares of no par value Airline catering BEVERAGES DIVISION Mount share of.00 Holding company Swire Beverages Holdings ,002 shares of 00 Holding company Swire Beverages ,600 shares of US$500 Holding company and sale of non-alcoholic Swire Coca-Cola HK ,400,000 shares of 0 Manufacture of nonalcoholic Swire Linx Trading (Hong Kong) Co., ,000 shares of Holding company Top Noble ,000 shares of Holding company (Sino-foreign joint venture) Swire Coca-Cola Beverages Xiamen Ltd Registered capital of US$52,740,000 (Wholly foreign owned enterprises) Xiamen Luquan Industries Company Registered capital of RMB63,370, Registered capital of RMB2,500,000 Sale and distribution of packaged foods and general household items 155

6 Principal Subsidiary, Jointly Controlled and Associated Companies and Investments BEVERAGES DIVISION (continued) Jointly controlled companies: Incorporated in Bermuda: Swire Pacific Industries (operating principally in Taiwan) Incorporated in British Virgin Islands: Swire Coca-Cola Beverages (operating principally in Taiwan) Swire Coca-Cola (S&D) (operating principally in Taiwan) Incorporated in the United States: Swire Pacific Holdings Inc. (see also Property division) Incorporated in British Virgin Islands: Swire Coca-Cola Vending (operating principally in Taiwan) ,000 shares of US$1 Holding company ,800,000,000 shares of US$ ,000,000 shares of US$0.01 Manufacture of nonalcoholic Sale of non-alcoholic , shares of US$1 Manufacture and sale of non-alcoholic and property development shares of USD1 Sale of non-alcoholic (Sino-foreign joint ventures) Hangzhou BC Foods Co. Ltd * Registered capital of US$20,000,000 Nanjing BC Foods Co. Ltd * Registered capital of US$19,000,000 Swire Coca-Cola Beverages Hefei Ltd * Registered capital of US$12,000,000 Swire Coca-Cola Beverages Wenzhou * Registered capital of US$49,800,000 Swire Coca-Cola Beverages Zhengzhou Ltd * Registered capital of US$18,000,000 Swire Guangdong Coca-Cola (Huizhou) Registered capital & * US$5,000,000 Swire Guangdong Coca-Cola Registered capital of RMB510,670,000 (Wholly foreign owned enterprises) Swire BCD Co. Ltd Registered capital of US$60,000,000 Xian BC Coca-Cola Beverages * Registered capital of US$20,000,000 MARINE SERVICES DIVISION Investment holding Swire Pacific Ship Management ,000 shares of 00 Ship personnel management Incorporated in Azerbaijan: Swire Pacific Offshore (Caspian) LLC US$5,000 Chartering and operating vessels Incorporated in Australia: Swire Pacific Ship Management (Australia) Pty. Ltd ,000 shares of A$1 Ship personnel management Swire Pacific Offshore Pty ,000 shares of A$1 Ship owning and operating Incorporated in Bermuda: SPO Ships shares of US$100 Ship owning and operating Swire Pacific Offshore Holdings ,000 shares of US$100 Holding company Swire Pacific Offshore shares of US$100 Management Incorporated in the United Kingdom: Swire Pacific Offshore (North Sea) shares of 1 Management Incorporated in Singapore: Swire Pacific Offshore Services (Pte) ,000 shares of S$1 Management Swire Pacific Offshore Operations (Pte) ,000 shares of S$1 Ship owning and operating 156 Swire Pacific

7 MARINE SERVICES DIVISION (continued) Jointly controlled companies: Hongkong United Dockyards ,600,000 shares of 0 Ship repairing, marine towage and general engineering HUD General Engineering Services 50 * 4,120,000 shares of 0 General engineering The Hongkong Salvage & Towage Company ,000,000 shares of 0 Leasing of tugs Associated companies: Incorporated in Malaysia: Bahtera Wira Sdn Bhd ,000 shares of MYR1 Investment holding Samudra Keris Sendirian Berhad 49 * 100 shares of MYR1 Ship owning Samudra Wijaya Sendirian Berhad 49 * 100 shares of MYR1 Ship owning Wira Swire Sendirian Berhad ,000 shares of MYR1 Ship operating Incorporated in the Philippines: Anscor Swire Ship Management Corporation Incorporated in UAE: ,000 shares of Peso100 Ship personnel management Swire Pacific Offshore (Dubai) LLC shares of AED1,000 Management TRADING & INDUSTRIAL DIVISION INDUSTRIAL Swire Duro ,460 shares of 00 Marble fabrication Swire Industrial shares of Holding company Taikoo Sugar ,000 shares of 0 Packing and trading of branded food products Jointly controlled companies: CROWN Beverage Cans Hong Kong ,300,000 shares of 0 Far East Landfill Technologies * 1,000,000 ordinary shares of trading and distribution Design, construction and operation of landfill ICI Swire Paints ,000 shares of Sales of paints and provision of related Swire SITA Waste Services ,200,000 shares of Waste management Waylung Waste Services 50 * 21,310,000 ordinary shares of Waste management 157

8 Principal Subsidiary, Jointly Controlled and Associated Companies and Investments (Sino-foreign joint ventures) CROWN Beverage Cans Beijing * Registered capital of US$27,600,000 CROWN Beverage Cans Huizhou * Registered capital of US$24,887,000 CROWN Beverage Cans Shanghai * Registered capital of US$19,000,000 Foshan Continental Can Company * Registered capital of US$9,900,000 Foshan Crown Easy-Opening End Company * Registered capital of US$6,000,000 ICI Swire Paints (China) Registered capital of Paint 80,000,000 SCIP Swire SITA Waste Services Company 20 * Registered capital of 82,000,000 Hazardous waste incineration (Wholly foreign owned enterprise) ICI Swire Paints (Shanghai) Company Registered capital of Paint US$25,640,000 Incorporated in Macau: CSR Macau-Companhia de Sistemas de 40 * MOP25,000 Waste management Residuos, Lda Incorporated in Vietnam: CROWN Beverage Cans Hanoi * US$24,910,000 TRADING & INDUSTRIAL DIVISION TRADING Bel Air Motors share of Automobile distribution Beldare Motors ,000 shares of 00 Automobile distribution Liberty Motors shares of 0 Automobile distribution Swire Resources ,010,000 shares of 0 Marketing, distribution and retailing of branded sports and casual footwear, apparel and accessories Taikoo Commercial Vehicles ,000 shares of Automobile distribution Yuntung Motors shares of Automobile distribution (Wholly foreign owned enterprise) Swire Resources (Shanghai) Trading Company US$6,040,000 Marketing, distribution and retailing of branded sports and casual footwear, apparel and accessories Incorporated in Bermuda: Taikoo Motors Offshore ,000 shares of US$1 Holding company Incorporated in the British Virgin Islands: Taikoo Motorcycle share of US$1 Automobile distribution Taikoo Motors share of US$1 Automobile distribution Incorporated in Macau: Swire Resources (Macau) MOP25,000 Marketing, distribution and retailing of branded sports and casual footwear, apparel and accessories Incorporated in Taiwan: Beldare ,000 shares of NT$1,000 Automobile distribution 158 Swire Pacific

9 TRADING & INDUSTRIAL DIVISION TRADING (continued) Jointly controlled company: Intermarket Agencies (Far East) shares of 00 Marketing and distribution of branded sports and casual footwear, apparel and accessories Associated companies: Liberty Sports Marketing 49 * 500,000 shares of 0 Marketing and distribution of branded sports and casual footwear, apparel and accessories (wholly foreign owned enterprise) Liberty Shanghai 49 * Registered capital of US$6,040,000 Marketing and distribution of branded sports and casual footwear, apparel and accessories OTHERS Swire Finance ,000 shares of 0 Financial Incorporated in the Cayman Islands: Swire Pacific Capital shares of US$1 Financial Swire Pacific MTN Financing share of US$1 Financial Incorporated in Isle of Man: Spaciom ,000 shares of 3,800,000 redeemable preference shares of HK$0.01 Insurance underwriting Jointly controlled company: Incorporated in Taiwan: China Pacific Laundry Services ,000,000 shares of NT$10 Laundry 159