CONSOLIDATED FINANCIAL STATEMENTS >
EXPLANATORY NOTES
132
| 2013 ANNUAL REPORT | PRYSMIAN GROUP
132
CHANGES IN THE SCOPE OF CONSOLIDATION
The Group’s scope of consolidation includes the financial
statements of Prysmian S.p.A. (the Parent Company) and
of the companies over which it exercises direct or indirect
control, which are consolidated from the date when control
is obtained until the date when such control ceases.
The following changes in the scope of consolidation took
place during 2013:
New company formations
Prysmian Cables y Sistemas de Mexico S. de R. L. de C. V. was
formed on 14 May 2013. It is owned by Draka Mexico Holdings
S.A. de C.V. (99.97%) and Draka Holding N.V. (0.03%).
Prysmian Netherlands B.V. was formed on 6 June 2013. Draka
Holding N.V. was the company’s original owner. With effect
from 2 December 2013, the entire shareholding has been
transferred to Prysmian Netherlands Holding B.V., which has
therefore become the new and sole shareholder.
Prysmian Netherlands Holding B.V. was formed on 20 June
2013. It is wholly owned by Draka Holding N.V..
Name changes
On 1 February 2013, the Brazilian company Prysmian Optical
Fibre Brasil S.A. changed its name to Prysmian Fibras Oticas
Brasil Ltda.
On 14 March 2013, the Dutch company Draka Treasury B.V.
changed its name to Prysmian Treasury (The Netherlands) B.V..
On 22 March 2013, the British company Global Marine Systems
Energy Ltd changed its name to Prysmian PowerLink
Services Ltd.
On 1 April 2013, the American company Prysmian
Communications Cables and Systems USA, LLC changed its
name to Prysmian Cables and Systems USA, LLC.
On 9 October 2013, the Russian Limited Liability
Company Investitsionno-Promyshlennaya Kompaniya
Rybinskelektrokabel changed its name to Limited Liability
Company Prysmian RUS.
On 27 December 2013, the Chinese company Yangtze Optical
Fibre and Cable Co. Ltd changed its legal form from a limited
liability company to a joint stock company, as a result of
which it has assumed the new name of Yangtze Optical Fibre
and Cable Joint Stock Limited Company.
Mergers
On 1 January 2013, the merger was completed of NKF
Vastgoed IV B.V. into NKF Vastgoed Holding B.V..
On 1 January 2013, the merger was completed of NKF
Vastgoed Holding B.V., NKF Participatie B.V., NKF Vastgoed
B.V. and NKF Vastgoed II B.V. into Draka Communications B.V..
On 1 January 2013, the merger was completed of Cableries
Holding B.V. and Fabriek Voor Auto-En Electrotechnische
Producten “White Products” B.V. into White Holding B.V..
On 1 January 2013, the merger was completed of Draka
Elevator Products B.V. and White Holding B.V. into Draka
Nederland B.V..
On 1 January 2013, the merger was completed of Draka
Nederland B.V., Draka Beheer B.V. and Beheer-En
Beleggingsmaatschappij de Vaartweg B.V. into Draka
Holding N.V..
On 2 January 2013, the merger was completed of Draka Beheer
IV B.V. into Draka Comteq Fibre B.V..
On 1 April 2013, the merger was completed of Prysmian Power
Cables and Systems USA, LLC into Prysmian Communications
Cables and Systems USA, LLC, which then changed its name
to Prysmian Cables and Systems USA, LLC (See preceding
paragraph on “Name changes”).
On 1 May 2013, the merger was completed of Draka
Communications Americas Inc. into Prysmian Cables and
Systems USA, LLC.
On 16 May 2013, the merger was completed of Draka Comteq
Norway AS into Draka Norsk Kabel AS.
On 16 May 2013, the merger was completed of Fercable S.L.
and Prysmian Cables Y Sistemas S.A. into Draka Cables
Industrial S.A. (which then changed its name to Prysmian
Spain S.A.U.).
On 4 July 2013, the merger was completed of Kabel
Keszletertekesito BT into Prysmian MKM Magyar Kabel
Muvek Kft.
