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Scope of consolidation

The consolidated interim financial statements of the LANXESS Group include the parent company LANXESS AG and all domestic and foreign subsidiaries and affiliates.

 
             
  EMEA (excl. Germany) Germany North America Latin America Asia-Pacific Total
             
Fully consolidated companies (incl. parent company)
Jan. 1, 2013 22 13 5 6 18 64
Changes           0
Changes in scope of consolidation         1 1
March 31, 2013 22 13 5 6 19 65
             
Companies accounted for using the equity method
Jan. 1, 2013   1     2 3
Changes           0
Changes in scope of consolidation         (1) (1)
March 31, 2013 0 1 0 0 1 2
             
Non-consolidated companies
Jan. 1, 2013 2 2 1 3 1 9
Changes           0
March 31, 2013 2 2 1 3 1 9
             
Total
Jan. 1, 2013 24 16 6 9 21 76
Changes 0 0 0 0 0 0
March 31, 2013 24 16 6 9 21 76

Tire Curing Bladders, LLC, Little Rock, United States, which was acquired last year, was consolidated for the first time as of March 14, 2012. In the twelve-month period following the acquisition date, there were no new findings or information requiring an adjustment of the provisional purchase price allocation. That allocation is therefore final. As of March 31, 2013, it had not proven necessary to adjust the purchase price allocation for Bond-Laminates GmbH, Brilon, Germany, which was acquired on September 12, 2012. Details of these acquisitions and their effects on the LANXESS Group’s consolidated statement of financial position are provided in the section “Companies consolidated” in the notes to the consolidated financial statements as of December 31, 2012.

Due to the transfer of control to LANXESS AG, the investment in LANXESS-TSRC (Nantong) Chemical Industrial Co., Ltd., Nantong, China, was no longer accounted for using the equity method in the first quarter of 2013. Instead, the company was fully consolidated for the first time. The transition to full consolidation had no effect on earnings.

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