KUMBA IRON ORE ANNUAL REPORT 2006

ANNEXURE 3

INVESTMENTS IN SUBSIDIARIES – Shown in R

 
Issued capital
Indebtedness
 
Country of
Nature of
%
– unlisted
Investment
by/(to)
 
incorporation1
business2
interest
ordinary
in shares
subsidiaries

Direct investments
Sishen Iron Ore Company (Pty) Limited
RSA
A
74
100
3 008 810
14 130 748
Indirect investments
Sishen South Mining (Pty) Limited
RSA
A
100
1
Kumba International BV
NE
B
100
10 806 511
Kumba International Trading BV
NE
B
100
142 487
Kumba Hong Kong Limited
HK
B
100
832
Kumba Hong Kong Shipping Limited
HK
B
100
816
Merill Lynch Insurance PCC Limited
ILE
C
9
Mineco Limited
MAU
D
100
21
Oreco Leasing Limited
MAU
D
75
17
Vulcan Leasing Limited
MAU
D
100
19
Downs Holding BV
NE
A
100
119 209
Handlon BV
NE
E
100
151 511
Kumba Iron Ore Holdings BV
NE
E
100
154 654
Groler Investments Limited
SWL
E
100
258 958

Total investments in subsidiaries        
3 008 810
14 130 748


1 RSA – South Africa, NE – Netherlands, HK – Hong Kong, SWL – Switzerland, MAU – Mauritius, ILE – Isle of Man
2 A – Mining, B – Shipping charter, C – Insurance, D –leasing, E – Holding,