Notes
1 Changes in scope of consolidation
During the year under review, the scope of consolidation changed as follows:
Additions (foundations) 2016
- –As of 26 January 2016, GF Linamar LLC, Mills River, USA
Division: GF Automotive - –As of 1 April 2016, Chinaust Automotive LLC, Troy, USA
Division: GF Piping Systems - –As of 1 September 2016, Chinaust Automotive GmbH, Düsseldorf, Germany
Division: GF Piping Systems - –As of 14 October 2016, Georg Fischer Bearbeitung Singen GmbH, Singen, Germany
Division: GF Automotive - –As of 28 October 2016, Chinaust Plastics Ltd, Xian, China
Division: GF Piping Systems
Additions (acquisitions) 2016
- –As of 7 March 2016, Georg Fischer Hakan Plastik AS, Cerkezköy, Turkey
Remaining 10% of the capital
Division: GF Piping Systems - –As of 4 May 2016, Eurapipe Holdings Pte Ltd, Singapore, Singapore
Division: Corporate Management - –As of 4 May 2016, PT Eurapipe Solutions Indonesia, Karawang, Indonesia
Pro rata sales 2016: CHF 12.4 million
Division: GF Piping Systems - –As of 11 May 2016, Microlution Inc, Chicago, USA
Pro rata sales 2016: CHF 9.5 million
Division: GF Machining Solutions - –As of 30 September 2016, Lingyun Jingran Gas Valve Co. Ltd, Langfang, China
Pro rata sales 2016: CHF 0.6 million
Division: GF Piping Systems - –As of 30 September 2016, Shuchang Auto Part Co. Ltd, Langfang, China
Pro rata sales 2016: CHF 2.4 million
Division: GF Piping Systems
Disposals (liquidations) 2016
- –As of 1 July 2016, System 3R Shanghai Co. Ltd., Shanghai, China
Pro rata sales 2016: CHF 0 million
Division: GF Machining Solutions
During the previous year, the scope of consolidation changed as follows:
Additions (foundations) 2015
- –As of 25 February 2015, GF Export Inc., El Monte, USA
Division: Corporate Management - –As of 27 April 2015, GF Machining Solutions Co Ltd, Hanoi, Vietnam
Division: GF Machining Solutions