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128 • PARENT COMPANY FINANCIAL STATEMENTS
PANDORA ANNUAL REPORT 2016
NOTES FOR THE
PARENT COMPANY
INVESTMENTS IN SUBSIDIARIES
3.1
DKK million
Investments in subsidiaries
2016
Cost at 1 January
2,850
Additions
15
Disposals
-14
Disposals from Group internal merger
-6
Additions relating to share-based payments
50
Cost at 31 December
2,895
2015
Cost at 1 January
2,367
Additions
436
Additions relating to share-based payments
47
Cost at 31 December
2,850
Subsidiaries
Registered office
PANDORA do Brasil Participações Ltda.
Brazil
PANDORA Jewelry Ltd.
Canada
PANDORA Int. ApS
Denmark
PANDORA Jewelry Central Western Europe A/S
Denmark
PAN ME A/S
Denmark
PANDORA Jewellery DMCC
Dubai
PANDORA Finland Oy
Finland
PANDORA France SAS
France
PANDORA EMEA Distribution Center GmbH
Germany
PANDORA Jewelry Asia-Pacific Limited
Hong Kong
PANDORA Jewelry Panama S.A.
Panama
PANDORA Jewelry CEE Sp. z.o.o.
Poland
PANDORA Jewelry Shared Services CEE Sp. z.o.o.
Poland
PANDORA Jewelry Slovakia s.r.o.
Slovakia
PANDORA Sweden AB
Sweden
PANDORA Production Co. Ltd.
Thailand
PANDORA Services Co. Ltd.
Thailand
PANDORA Jewelry Mücevherat Anonim
Ş
irketi
Turkey
PANDORA Jewellery UK Limited
England
PANDORA Jewelry Inc.
USA
The Company has one dormant company, which has been omitted from the table above.