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