Carlsberg Group Annual Report 2013 AZN  692.97 BGN  381.44 BYR  0.06 CAD  505.30 CHF  608.56 CNY  89.29 DKK  100.00 EUR  746.03 GEL  312.93 GBP  891.95 HKD  69.80 HRK  97.68 HUF  2.51 INR  8.78 KZT  3.51 LAK  0.07 LKR  4.15 LTL  216.07 LVL  1,061.96 MWK  1.26 MYR  164.29 NOK  88.54 PLN  179.82 RSD  6.51 RUB  16.59 SEK  83.56 SGD  426.77 THB  16.49 TWD  18.20 UAH  67.57 USD  541.27 UZS  0.25 VND  0.03 1 For some entities the consolidation percentage is higher than the ownership share due to written put options. 2  Listed company. 3  A separate annual report is not prepared. 4 Company not audited by KPMG. Number of subsidiaries Ownership  share 1 Nominal share  capital (’000) Cur- rency Eastern Europe Baltika Breweries, Saint Petersburg, Russia 4 £ 100% 156,087 RUB Baltika Baku LLC, Baku, Azerbaijan £ 100% 26,849 AZN Carlsberg Georgia LLC, Tblisi, Georgia 4 £ 100% 1,173 GEL PJSC Carlsberg Ukraine, Zaporizhzhya, Ukraine 3 £ 96% 1,022,433 UAH OJSC Olivaria Brewery, Minsk, Belarus 1 £ 68% 61,444,801 BYR Carlsberg Kazakhstan, Almaty, Kazakhstan 1 £ 100% 5,362,774 KZT UzCarlsberg LLC., Tashkent, Uzbekistan 4 £ 100% 82,282,014 UZS Baltic Beverages Holding AB, Stockholm, Sweden 3 £ 100% 12,000 EUR Asia Carlsberg Brewery Hong Kong Limited, Hong Kong, China 3 £ 100% 261,000 HKD Carlsberg Brewery (Guangdong) Limited, Huizhou, China £ 99% 442,330 CNY Kunming Huashi Brewery Company Limited, Kunming, China £ 100% 79,528 CNY Xinjiang Wusu Beer Co., Ltd., Urumqi, China 10 £ 65% 105,480 CNY Ningxia Xixia Jianiang Brewery Company Limited, Xixia, China £ 70% 194,351 CNY Dali Beer Company Limited, Dali, China £ 100% 97,799 CNY Chongqing Brewery Co., Ltd, Chongqing, China 1, 2, 4 8 £ 60%  483,971  CNY Chongqing Jianiang Brewery Ltd., Chongqing, China 4 6 £ 79% 435,000 CNY Tibet Lhasa Brewery Company Limited, Lhasa, China n 50% 380,000 CNY Lanzhou Huanghe Jianiang Brewery Co. Ltd., Lanzhou, China n 50% 210,000 CNY Qinghai Huanghe Jianiang Brewery Company Ltd., Xining, China n 50% 85,000 CNY Jiuquan West Brewery Company Limited, Jiuquan, China n 50% 36,000 CNY Tianshiui Huanghe Jianiang Brewery Co. Ltd., Tianshui, China n 50% 58,220 CNY Carlsberg Brewery Malaysia Berhad, Selangor Darul Ehsan, Malaysia 2 £ 51% 300,000 MYR Carlsberg Marketing Sdn BHD, Selangor Darul Ehsan, Malaysia £ 100% 10,000 MYR Euro Distributors Sdn BHD, Selangor Darul Ehsan, Malaysia £ 100% 100 MYR Luen Heng F&B Sdn BHD, Selangor Darul Ehsan, Malaysia £ 70% 5,000 MYR Carlsberg Singapore Pte Ltd, Singapore £ 100% 1,000 SGD Lion Brewery (Ceylon) PLC, Biyagama, Sri Lanka 2, 4 n 25% 850,000 LKR Carlsberg Distributors Taiwan Limited, Taipei, Taiwan 1 n 50% 100,000 TWD Cambrew Pte Ltd., Singapore t 50% 21,720 SGD Cambrew Ltd, Phnom Penh, Cambodia 4 1 t 50% 125,000 USD Carlsberg Indochina Limited, Hanoi, Vietnam £ 100% 80,000,000 VND South-East Asia Brewery Ltd., Hanoi, Vietnam £ 60% 212,705,000 VND International Beverage Distributors Ltd., Hanoi, Vietnam  £ 60% 15,622,000 VND Hue Brewery Ltd., Hue, Vietnam £ 100% 216,788,000 VND Hanoi-Vungtau Beer Joint Stock Company, Vung Tàu, Vietnam n 62% 540,000,000 VND Ha Long Beer and Beverage Joint Stock Company, Ha Long, Vietnam n 31% 30,200,000 VND Hanoi Beer Alcohol and Beverage Joint-Stock Corp., Hanoi, Vietnam n 17% 2,318,000,000 VND Consolidated financial statements SECTION 10: GROUP COMPANIES 139 Number of subsidiaries Ownership  share 1 Nominal share  capital (’000) Cur- rency Lao Brewery Co. Ltd., Vientiane, Laos £ 61% 22,808,641 LAK CB Distribution Co., Ltd., Bangkok, Thailand £ 100% 200,000 THB Carlsberg India Private Limited, New Delhi, India 1 £ 100% 16,522,288 INR Parag Breweries Limited, Kolkata, India £ 100% 1,074,354 INR The Bottling and Brewing Group Limited, Blantyre, Malawi 4 3 £ 59% 1,267,128 MWK Brewery Invest Pte Ltd, Singapore £ 100% 3,200 SGD Caretech Ltd, Hong Kong, China 4 t 50% 10,000 HKD South Asian Breweries Pte. Ltd., Singapore £ 67% 200,000 SGD Carlsberg Asia Pte Ltd, Singapore 1 £ 100% 565,292 SGD Paduak Holding Pte. Ltd., Singapore £ 100% 16,500 USD Myanmar Carlsberg Co. Ltd, Yangon, Myanmar 4 £ 51% 75 USD Not allocated Danish Malting Group A/S, Vordingborg, Denmark £ 100% 100,000 DKK Danish Malting Group Polska Sp. z o.o., Sierpc, Poland £ 100% 20,000 PLN Carlsberg Finans A/S, Copenhagen, Denmark £ 100%  8,308,000  DKK Carlsberg International A/S, Copenhagen, Denmark £ 100%  1,100  DKK Carlsberg Invest A/S, Copenhagen, Denmark 1 £ 100%  33,000  DKK Carlsberg IT A/S, Copenhagen, Denmark £ 100%  50,000  DKK Carlsberg Insurance A/S, Copenhagen, Denmark £ 100%  25,000  DKK Carlsberg Accounting Centre Sp. z o.o., Poznan, Poland £ 100%  50  PLN Carlsberg Supply Company AG, Ziegelbrücke, Switzerland £ 100%  50  CHF Non-beverage Ejendomsaktieselskabet Tuborg Nord C, Copenhagen, Denmark £ 100%  10,000  DKK Ejendomsaktieselskabet af 4. marts 1982, Copenhagen, Denmark £ 100%  9,500  DKK Carlsberg Ejendomme Holding A/S, Copenhagen, Denmark £ 100%  500  DKK Boliginteressentskabet Tuborg, Copenhagen, Denmark 3 t 50% - DKK Carlsberg Byen P/S, Copenhagen, Denmark 3 n 25%  17,000  DKK £ Subsidiary t Proportionately consolidated entity n Associate 