DANONE
REGISTRATION DOCUMENT 2015
Danone's business highlights in 2015 and outlook for 2016
3.1 Business highlights in 2015
47
Other business activities in 2015
Acquisitions, disposal of Company shares
Main changes in fully consolidated companies
Ownership as of December 31
(in percentage)
Division
Country Transaction date
(a)
2014
2015
Main companies consolidated for the first time during 2015
Fan Milk group's companies
Fresh Dairy
Products
West Africa
December
49.0%
49.0%
Main consolidated companies with change in ownership percentage
Danone-Unimilk group
Fresh Dairy
Products
CIS
December
50.9%
70.9%
Danone Spain
Fresh Dairy
Products
Spain February/March
76.9%
92.4%
Centrale Danone
(b)
Fresh Dairy
Products
Morocco
December
90.9%
95.9%
Main companies that are no longer fully consolidated as of December 31
–
(a) Month of the fiscal year.
(b) Formerly Centrale Laitière. The company has been renamed Centrale Danone in 2015.
Main changes in investments in associates
Ownership as of December 31
(in percentage)
Division
Country Transaction date
(a)
2014
2015
Main companies accounted for using the equity method for the first time during 2015
Yashili
Early Life
Nutrition
China
February
–
25.0%
Main associates with change in ownership percentage
–
–
–
Main companies no longer accounted for using the equity method as of December 31
Fan Milk group's companies
(b)
Fresh Dairy
Products
West Africa
December
49.0%
49.0%
(a) Month of the fiscal year.
(b) Companies fully consolidated since December 2015 in application of IFRS10,
Consolidated financial statements.




