PC6. Participations
AP Accounting principles
Essity Aktiebolag’s tangible fixed assets are recognized in accordance with the Group’s accounting principles.
|
Subsidiaries |
|
SEKm |
2018 |
2017 |
Accumulated costs |
175,943 |
168,883 |
Accumulated impairment |
–1,321 |
–1,269 |
Carrying amount |
174,622 |
167,614 |
|
|
|
Value, January 1 |
167,614 |
167,601 |
Investments |
30,947 |
48,882 |
Divestments |
–23,887 |
–47,600 |
Impairment for the period |
–52 |
–1,269 |
BS TPC6:1 Value, December 31 |
174,622 |
167,614 |
During the fiscal year, the company acquired the Group company Lejenbrottet Aktiebolag for SEK 0.2m. Lejenbrottet Aktiebolag also received a capital contribution of SEK 52m. In parallel, impairment was carried out with the corresponding amount. A capital contribution of SEK 30,894m was also made to Essity Group Holding BV. The subsidiary Essity Capital NV was discontinued during the year through voluntary liquidation and its capital was transferred to Essity Aktiebolag.
Company name |
Corp. Reg. No. |
Domicile |
No. of shares |
Share of equity, |
Carrying amount, |
|
|
|
|
|
|
Swedish subsidiaries: |
|
|
|
|
|
Fastighets- och Bostadsaktiebolaget FOBOF |
556047-8520 |
Stockholm, Sweden |
1,000 |
100 |
0 |
Essity Försäkringsaktiebolag |
516401-8540 |
Stockholm, Sweden |
140,000 |
100 |
14 |
SCA Hedging AB |
556666-8553 |
Stockholm, Sweden |
1,000 |
100 |
0 |
Lejenbrottet Aktiebolag |
556643-7298 |
Gothenburg, Sweden |
1,000 |
100 |
0 |
|
|
|
|
|
|
Foreign subsidiaries: |
|
|
|
|
|
Essity Group Holding BV |
33181970 |
Amsterdam, Netherlands |
246,347 |
100 |
174,329 |
Essity Italy S.p.A |
3318780966 |
Capannori, Italy |
125,000 |
25 |
279 |
Total carrying amount of subsidiaries |
|
|
|
|
174,622 |
German subsidiaries that are subject to disclosure exemptions.
The following German companies are fully consolidated and subject to disclosure exemptions pursuant to Sec. 264 para. 3 of the German Commercial Code (“HGB”).
1. Essity GmbH, domicile in Mannheim, Germany
2. Essity Holding GmbH, domicile in Ismaning, Germany
3. Essity Operations Neuss GmbH, domicile in Neuss, Germany
4. Essity Operations Mannheim GmbH, domicile in Mannheim, Germany
5. Essity Operations Mainz-Kostheim GmbH, domicile in Wiesbaden, Germany
6. Essity Professional Hygiene Germany GmbH, domicile in Mannheim, Germany
7. Essity Germany GmbH, domicile in Mannheim, Germany
8. Essity Operations Witzenhausen GmbH, domicile in Witzenhausen, Germany
9. Essity Hygiene Holding GmbH, domicile in Mannheim, Germany
10. BSN medical GmbH, domicile in Hamburg, Germany