DANONE - Registration document 2015

138 / 364

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 138
NOTE 17. LIST OF SUBSIDIARIES AS OF DECEMBER 31, 2015
Note 17.1. Fully consolidated holding companies and financial companies held directly by the Company
Group's control Ownership
Main fully consolidated companies Country (in %) (in %)
DANONE France Parent company
Holding and financial companies
DANONE FINANCE INTERNATIONAL Belgium 100.0 100.0
COMPAGNIE GERVAIS DANONE France 100.0 100.0
DANONE CORPORATE FINANCE SERVICES France 100.0 100.0
DAN INVESTMENTS France 100.0 100.0
DANONE BABY AND MEDICAL HOLDING France 100.0 100.0
HOLDING INTERNATIONALE DE BOISSONS France 100.0 100.0
DANONE FINANCE NETHERLANDS BV Netherlands 100.0 100.0
DANONE SINGAPORE HOLDINGS PTE LTD Singapore 100.0 100.0
DANONE ASIA PTE LTD Singapore 100.0 100.0
Note 17.2. Main fully consolidated companies of the Fresh Dairy Products Division
Group's control Ownership
Main fully consolidated companies(a) Country (in %) (in %)
DANONE SOUTHERN AFRICA PTY LTD South Africa 100.0 100.0
DANONE DJURDJURA ALGERIE Algeria 100.0 100.0
DANONE GMBH Germany 100.0 100.0
DANONE ARGENTINA SA Argentina 99.8 99.8
NV DANONE SA Belgium 100.0 100.0
DANONE LTDA. Brazil 100.0 100.0
DANONE INC. Canada 100.0 100.0
DANONE SA Spain 92.5 92.4
STONYFIELD FARM INC. United States 100.0 100.0
THE DANNON COMPANY INC. (b) United States 100.0 100.0
THE YOCRUNCH COMPANY, LLC United States 100.0 100.0
DANONE PRODUITS FRAIS FRANCE France 100.0 100.0
DANONE SPA Italy 100.0 100.0
DANONE JAPAN Japan 100.0 100.0
CENTRALE DANONE Morocco 95.9 95.9
DANONE DE MEXICO SA Mexico 100.0 100.0
DANONE SP Z.O.O. Poland 100.0 100.0
DANONE PORTUGAL SA Portugal 97.6 90.1
DANONE LTD. United Kingdom 100.0 100.0
JOINT STOCK COMPANY DANONE RUSSIA (b) Russia 100.0 70.9
(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) For this consolidated company, the business is spread over several legal entities in its country.