F1. Subsidiaries

AP ACCOUNTING PRINCIPLES

Subsidiaries

The companies over which SCA has control are consolidated as subsidiaries. Control means that SCA has sufficient influence to control the activities of the subsidiary, has the right to its returns and has control over its exposure, and is able to impact the return of the company through its influence. Most of the Group’s subsidiaries are wholly owned, which means that SCA has control over the companies. SCA owns 54.6% of Vinda and 50% of Familia; SCA also has control of these companies, despite the fact that there are significant non-controlling interests in the companies.

Non-controlling interests

Non-controlling interests are recognized as a separate item in the Group’s equity. Profit or loss and every component of other comprehensive income are attributable to the owners of the Parent and to non-controlling interests. Losses attributable to non-controlling interests are recognized even if this results in a negative balance for the interest. In connection with acquisitions of less than 100% when a controlling influence is achieved, non-controlling interests are determined either as a proportional share of the fair value of identifiable net assets excluding goodwill or at fair value. Subsequent acquisitions up to 100% and divestments of participations in a subsidiary that do not lead to a loss of controlling influence are recognized as an equity transaction.

List of major subsidiaries

The Group’s participations in major subsidiaries at December 31, 2016. The following selection of wholly owned subsidiaries and subsidiaries with significant non-controlling interests includes companies with external sales in excess of SEK 500m in 2016.

Company name

Corp. Reg. No.

Domicile

Share of equity at December 31, 2016

Share of equity at December 31, 2015

Share of equity at December 31, 2014

1)

The SCA Group has a small number of subsidiaries that are partly owned and hold significant non-controlling interests. These subsidiaries primarily conduct hygiene products operations; see TF2:1.

SCA Hygiene Products SAS

509 395 109

Saint-Ouen, France

100

100

100

SCA Hygiene Products Nederland B.V.

30-135 724

Zeist, Netherlands

100

100

100

SCA Hygiene Products (Fluff) Ltd.

577 116

Dunstable, UK

100

100

100

SCA Tissue North America LLC

58-2494137

Delaware, US

100

100

100

Vinda International Holdings Ltd 1)

90235

Hong Kong, China

55

51

51

Wausau Paper Towel & Tissue LLC

41-2218501

Wisconsin, US

100

SCA Skog AB

556048-2852

Sundsvall, Sweden

100

100

100

SCA Hygiene Products Vertriebs GmbH

HRB 713 332

Mannheim, Germany

100

100

100

SCA Graphic Sundsvall AB

556093-6733

Sundsvall, Sweden

100

100

100

SCA Hygiene Products AB

556007-2356

Gothenburg, Sweden

100

100

100

SCA Hygiene Products S.L.

B28451383

Puigpelat, Spain

100

100

100

SCA Consumidor Mexico, S.A. de C.V.

SCM–931101-3S5

Mexico City, Mexico

100

100

100

Productos Familia S.A. Colombia 1)

8909001619

Medellin, Colombia

50

50

50

SCA Timber AB

556047-8512

Sundsvall, Sweden

100

100

100

SCA Hygiene Products SPA

3 318 780 966

Altopascio, Italy

100

100

100

SCA Hygiene Products Russia OOO

704 031 845

Moscow, Russia

100

100

100

SCA Hygiene Sp.z.o.o.

KRS No. 0000427360

Warsaw, Poland

100

100

100

SCA Hygiene Products GmbH

FN49537z

Vienna, Austria

100

100

100

SCA Hygiene Products SA-NV

BE0405.681.516

Stembert, Belgium

100

100

100

SCA Hygiene Products AFH Sales GmbH

HRB 710 878

Mannheim, Germany

100

100

100

SCA Obbola AB

556147-1003

Umeå, Sweden

100

100

100

SCA Munksund AB

556237-4859

Piteå, Sweden

100

100

100

SCA North America-Canada Inc.

421984

Ontario, Canada

100

100

100

OY SCA Hygiene Products AB

0165027-5

Espoo, Finland

100

100

100

SCA PERSONAL CARE INC.

23-3036384

Delaware, US

100

100

100

Productos Familia del Sancela Ecuador S.A. 1)

1791314379001

Quito, Ecuador

50

50

50

SCA Hygiene Products AS

915 620 019

Oslo, Norway

100

100

100

SCA Timber Supply Ltd

2541468

Stoke on Trent, UK

100

100

100

SCA Hygiene Products AG

CHE–106.977.885

Schenkon, Switzerland

99

99

99

SCA Hygiene Products A/S

DK20 638 613

Allerød, Denmark

100

100

100

SCA Chile SA

94.282.000-3

Santiago de Chile, Chile

100

100

100

Sancella S.A.

B14441997

La Charguia, Tunisia

49

49

49

SCA Hygiene Products Kft

01-09-716945

Budapest, Hungary

100

100

100

SCA Timber Supply Skandinavien AB

556302-0667

Sundsvall, Sweden

100

100

100

Uni-Charm Mölnlycke kk

0104-01-046146

Tokyo, Japan

49

49

49

SCA Hygiene Products s.r.o.

485 36 466

Prague, Czech Republic

100

100

100

SCA Hygiene Spain, SL

B31235260

Allo, Spain

100

100

100

SCA Hygiene Products Slovakia s.r.o.

36 590 941

Gemerska Horska, Slovakia

100

100

100

SCA Hygiene Products GmbH Wiesbaden

HRB 5301

Mainz-Kostheim, Germany

100

100

100

SCA Tissue France SAS

702 055 187

Bois-Colombes, France

100

100

100

SCA Hygiene Products GmbH Mannheim

HRB 3248

Mannheim, Germany

100

100

100

SCA Hygiene Products GmbH Neuss

HRB14343

Neuss, Germany

100

100

100

SCA Hygiene Products Sp.z.o.o.

KRS No. 0000086815

Olawa, Poland

100

100

100

SCA Hygiene Products Supply SAS

509 599 619

Roissy, Bobigny, France

100

100

100

SCA Hygiene Products Manchester Ltd

4 119 442

Dunstable, UK

100

100

100