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CONSOLIDATED FINANCIAL REPORT | EXPLANATORY NOTES
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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 2015:
Name changes
On 5 January 2015, the Australian company Prysmian Power Cables and Systems Australia Pty Ltd.
changed its name to Prysmian Australia Pty Ltd.
On 5 January 2015, the New Zealand company Prysmian Power Cables and Systems New Zealand Ltd.
changed its name to Prysmian New Zealand Ltd.
On 15 December 2015, the Turkish company Draka Comteq Kablo Limited Sirketi changed its name to
Tasfiye Halinde Draka Comteq Kablo Limited Sirketi after entering into liquidation.
On 15 December 2015, the Spanish company Draka NV Holding y CIA, Soc. Col. changed its name to Draka
Holding, S.L.
On 16 December 2015, the Turkish company Draka Istanbul Asansor Ithalat Ihracat Uretim Ticaret Ltd. Sti
changed its name to Tasfiye Halinde Draka Istanbul Asansor Ithalat Ihracat Uretim Ticaret Ltd after entering
into liquidation.
Mergers
On 1 January 2015, the merger was completed of Prysmian Treasury (The Netherlands) B.V. into Draka
Holding B.V.
On 12 January 2015, the merger was completed of Draka Denmark Holding A/S into Prysmian Denmark A/S.
On 5 May 2015, the merger was completed of Draka Comteq Iberica, S.L. (Sociedad Unipersonal) into
Prysmian Spain, S.A. (Sociedad Unipersonal).
Liquidations
On 7 January 2015, the process of liquidating Prysmian Angel Tianjin Cable Co. Ltd was completed with the
company's removal from the local company registry.
On 28 May 2015, the process of liquidating Prysmian Instalaciones Chile S.A. was completed with the
company's removal from the local company registry.