36 Non-controlling interest

Holcim has two Group companies with material non-controlling interests. Information regarding these subsidiaries is as follows:

Material non-controlling interest

Company

Principal place of business

Non-controlling interest1

Net income2

Total equity2

Dividends paid to non-controlling interest

Million CHF

 

2014

2013

2014

2013

2014

2013

2014

2013

1

The non-controlling interest of ACC Limited and Ambuja Cements Ltd. represents the ownership interests, which is equal to the voting rights in these two companies

2

Attributable to non-controlling interest.

ACC Limited

India

49.7%

49.7%

79

76

771

679

48

44

Ambuja Cements Ltd.

India

49.6%

49.5%

97

90

949

818

46

44

Set out below is the summarized financial information relating to ACC Limited and Ambuja Cements Ltd. before intercompany eliminations.

Statement of financial position

 

ACC Limited

Ambuja Cements Ltd.

Million CHF

2014

2013

2014

2013

Current assets

598

634

942

802

Long-term assets

1,677

1,375

1,562

1,396

Total assets

2,275

2,009

2,504

2,198

 

 

 

 

 

Current liabilities

472

358

379

344

Long-term liabilities

252

285

216

203

Total liabilities

724

643

595

546

 

 

 

 

 

Net assets

1,551

1,366

1,909

1,651

 

 

 

 

 

Statement of income

 

 

 

 

Million CHF

2014

2013

2014

2013

Net sales

1,714

1,732

1,479

1,437

 

 

 

 

 

Net income

158

153

195

182

 

 

 

 

 

Statement of cash flows

 

 

 

 

Million CHF

2014

2013

2014

2013

Cashflow from operating activities

225

208

290

244

 

 

 

 

 

(De)Increase in cash and cash equivalents

(141)

(101)

72

20