4.1 CONSOLIDATED FINANCIAL STATEMENTS AND NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Note 17. List of subsidiaries as of December 31, 2015
DANONE
REGISTRATION DOCUMENT 2015
141
Note 17.5. Main fully consolidated companies in the Medical Nutrition Division
Group's control
Ownership
Main fully consolidated companies
(a)
Country
(in %)
(in %)
NUTRICIA GMBH
Germany
100.0
100.0
NUTRICIA AUSTRALIA PTY LTD.
(b)
Australia
100.0
100.0
NV NUTRICIA BELGIE
(b)
Belgium
100.0
100.0
SUPPORT PRODUTOS NUTRICIONAIS LTDA.
(b)
Brazil
100.0
100.0
NUTRICIA PHARMACEUTICAL (WUXI) CO. LTD.
China
100.0
100.0
NUTRICIA TRADING (SHANGHAI) CO. LTD.
China
100.0
100.0
NUTRICIA MIDDLE EAST DMCC
(b) (c)
United Arab Emirates
100.0
100.0
NUTRICIA SRL
Spain
100.0
100.0
NUTRICIA NORTH AMERICA INC.
United States
100.0
100.0
NUTRICIA NUTRITION CLINIQUE S.A.S.
France
100.0
100.0
NUTRICIA INTERNATIONAL PRIVATE LIMITED
India
100.0
100.0
NUTRICIA IRELAND LTD.
(b)
Ireland
100.0
100.0
NUTRICIA ITALIA SPA
Italy
100.0
100.0
NUTRICIA NORGE AS
Norway
100.0
100.0
NUTRICIA NEDERLAND B.V.
(b)
Netherlands
100.0
100.0
SORGENTE B.V.
(c)
Netherlands
100.0
100.0
NUTRICIA POLSKA SP Z.O.O.
(b)
Poland
100.0
50.0
NUTRICIA LTD.
(b)
United Kingdom
100.0
100.0
NUTRICIA NORDICA AB
Sweden
100.0
100.0
NUMIL GIDA ÜRÜNLERI AS
(b)
Turkey
100.0
100.0
(a) Corresponds to the 20 largest companies of the Division in terms of net sales (non-Group sales). They generated more than three-fourths of the Division's
sales in 2015.
(b) This company also has an early life nutrition activity presented in the financial statements of the Early Life Nutrition Division.
(c) For this consolidated company, the business is spread over several legal entities in its country.
Note 17.6. Main investments in associates
Group's control
Ownership
Main investments in associates
(a)
Country
(in %)
(in %)
Fresh Dairy Products
ALSAFI DANONE COMPANY LTD
(b)
Saudi Arabia
50.1
50.1
INNER MONGOLIA MENGNIU DAIRY (GROUP) CO LTD
(b)
China
9.9
9.9
INNER MONGOLIA MENGNIU DANONE DAIRY CO LTD
(b)
China
20.0
20.0
DANONE PULMUONE COMPANY LTD
South Korea
50.0
50.0
STRAUSS HEALTH LTD
Israel
20.0
20.0
YAKULT HONSHA CO LTD
Japan
20.0
21.3
BROOKSIDE AFRICA LIMITED
(b)
Kenya
40.0
40.0
SOCIÉTÉ TUNISIENNE DES INDUSTRIES ALIMENTAIRES (STIAL)
Tunisia
50.0
50.0
Other
YASHILI INTERNATIONAL HOLDINGS LTD
China
25.0
25.0
BAGLEY LATINO-AMERICA SA
(b)
Spain
49.0
49.0
(a) Corresponds to the 10 largest companies in terms of the share of net assets. They accounted for more than 90% of Investments in associates in 2015.
(b) For this consolidated company, the business is spread over several legal entities in its country.




