english - About Heraeus
english - About Heraeus
english - About Heraeus
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28<br />
Scope of consolidation<br />
The consolidated financial statements of <strong>Heraeus</strong> Holding GmbH include subsidiaries<br />
over which <strong>Heraeus</strong> Holding GmbH has control within the meaning of IAS 27 of the financial<br />
and business policies in accordance with the articles of association or an affiliation<br />
agreement.<br />
The companies included in the consolidated Group are as follows:<br />
Consolidated subsidiaries<br />
2012 2011<br />
Total Domestic Foreign Total Domestic Foreign<br />
As of Jan. 1 117 28 89 121 28 93<br />
Additions 5 – 5 1 – 1<br />
Changes in companies consolidated 2 – 2 2 1 1<br />
Disposals – – – – 2 – – 2<br />
Mergers – 1 – – 1 – 5 – 1 – 4<br />
As of Dec. 31 123 28 95 117 28 89<br />
The financial year for all consolidated subsidiaries is the calendar year. The changes in the<br />
scope of consolidation have not materially affected comparability with the previous year’s<br />
consolidated financial statements. Overall, the changes did not have a significant effect on<br />
the asset, financial, or earnings position.<br />
Associates<br />
2012 2011<br />
Total Domestic Foreign Total Domestic Foreign<br />
As of Jan. 1 12 1 11 12 1 11<br />
As of Dec. 31 12 1 11 12 1 11