Page 34 - Hoftex Annual Report 2018 EN

Letter to Shareholders
Supervisory Board Report
Group Management Report Consolidated Financial Statements Annexes
HOFTEX GROUP AG’s consolidated companies for the year ending 31 December 2018 are as follows:
Equity Result for Company Registered Share of Currency in EUR the year in
Fully consolidated companies as defined in Section 290(2) no. 1 HGB
1) 7) Hoftex GmbH Hof 100.00 Euro 14,069 (CPTA)
Hof Garn Verwaltungs GmbH Hof 100.00 Euro -207 -15 Hoftex CoreTech GmbH Hof 100.00 Euro 150 (CPTA) Hoftex Färberei GmbH Hof 100.00 Euro 800 (CPTA) Hoftex Färberei Betriebs GmbH Hof 100.00 Euro 150 (CPTA)
Tenowo GmbH Hof 100.00 Euro 63,171 (CPTA) Tenowo Hof GmbH Hof 100.00 Euro 150 (CPTA) Tenowo Reichenbach GmbH Hof 100.00 Euro 150 (CPTA) Tenowo Mittweida GmbH Hof 2) 100.00 Euro 150 (CPTA)
office capital in %
thousand EUR thousand
7)
Tenowo Inc. Lincolnton, USA 2) 100.00 USD 10,799 1,240
4) 9)
Tenowo Huzhou New Materials Co. Ltd. Huzhou, China 3) 100.00 CNY 47,691 -12,571
Resintex Industriale S.r.l. Milan, Italy 100.00 Euro 2,620 -140
Neutex Home Deco GmbH Münchberg 4) 100.00 Euro 7,536 (CPTA) Neutex Betriebs GmbH Münchberg 4) 100.00 Euro 150 (CPTA)
SCTextorS.A. TarguMures, 4) 100.00 RON 13,278 2
Romania 4) 8)
Textil Hof Immobilien Geschäftsführungs GmbH Hof 100.00 Euro 85 7 Hoftex Immobilien II GmbH & Co. KG Hof 100.00 Euro 12,821 1,243 Feinspinnerei Hof GmbH 12) Hof 4) 100.00 Euro 45 -5 Hoftex Immobilien I GmbH Hof 5) 100.00 Euro 4,472 (CPTA)
Fully consolidated companies as defined in Section 290(2) no. 4 HGB 5) 10) Wohlfahrtseinrichtung der
Vogtländischen Baumwollspinnerei AG e.V. 11) Hof 0.00 Euro - -
Non-consolidated companies as defined in Section 296(2) HGB
HBD Textil-GmbH Hof 100.00 Euro 4 -2
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96 % of all shares held by HOFTEX GROUP AG, 4 % held by Hof Garn Verwaltungs GmbH. 100 % of all shares held by Hoftex GmbH.
100 % of all shares held by Hoftex Färberei GmbH.
100 % of all shares held by Tenowo GmbH.
100 % of all shares held by Neutex Home Deco GmbH.
This figure is reported including the result for the year.
CPTA = Control and profit transfer agreement
Spot rate on the closing date 31 December 2018: 1 Euro = 1.1450 USD Spot rate on the closing date 31 December 2018: 1 Euro = 7.8751 CNY Spot rate on the closing date 31 December 2018: 1 Euro = 4.6635 RON General partner of Hoftex Immobilien II GmbH & Co. KG.
1) This fiscal year marked the first time that Resintex Industriale S.r.l., Milan, Italy, was included in the consolidated companies.
2) 3) 4) 5) 6) 7) 8) 9)
10) 11) 12)