Axactor Annual Report 2016

Note 17 Shares and participations in subsidiaries Investments in subsidiaries SEK thousand Share of owner- ship Share of voting rights Office location, city Office location, country Share capital in subsidiary Book value in parent company CS Union S.p.A 1) 90 % 90 % Cuneo Italy 27,274 104,483 Axactor Incentives AB 100 % 100 % Stockholm Sweden 50 50 Axactor Portfolio Holding AB 100 % 100 % Stockholm Sweden 50 432,889 Axactor Platform Holding AB 100 % 100 % Stockholm Sweden 150 737,042 Axactor AS 100 % 100 % Oslo Norway 99 18,884 Axactor Norway Holding AS 100 % 100 % Oslo Norway 2,943 285,396 Axactor Holding Germany GmbH 100 % 100 % Heidelberg Germany 241 239 Axactor Espana SLU 100 % 100 % Madrid Spain 4,714 64,556 Axactor Norway AS 100 % 100 % Drammen Norway 2,390 311,872 Axactor Capital AS 100 % 100 % Drammen Norway 33 33 ALTOR GmbH 100 % 100 % Heidelberg Germany 246 172,042 Geslico - Gestión de Cobros, S.A 100 % 100 % Madrid Madrid 576 19,134 Supan Investments, S.L 100 % 100 % Madrid Madrid 29 29 ALD Abogados Servicios Integrales de Recuperacion, S.L 100 % 100 % Madrid Madrid 29 199,882 Heidelberg Inkasso GmbH 100 % 100 % Heidelberg Germany 2,440 2,446 Heidelberg Forderungskauf GmbH 100 % 100 % Heidelberg Germany 239 239 Altor Mobil Services GmbH 100 % 100 % Heidelberg Germany 478 20,720 Taloa Equity Mgmt GmbH 100 % 100 % Heidelberg Germany 239 263 Altor Heidelberger Forderungskauf 2 GmbH 100 % 100 % Heidelberg Germany 239 91 Gesellschafts für Wirtschaftsinkasso mbH 100 % 100 % Heidelberg Germany 239 287 ImmoAdvisors GmbH 100 % 100 % Heidelberg Germany 478 1,210 Vaba GmbH 100 % 100 % Heidelberg Germany 718 0 KAAM SP Z OO 94 % 94 % Wroclaw Poland 1,033 - Total investment in subsidiaries 44,927 2,371,786 1) See note 25. The financial figures of the subsidiaries have been included in the consolidated financial statements of Axactor Group from the date of acquisitions. Axactor AB | Annual report 2016 50