NOTES TO
FINANCIAL STATEMENTS
December 31, 2015
103
CITIC ENVIROTECH LTD.
Annual
Report
2015
13 SUBSIDIARIES (cont’d)
Principal activity
Place of incorporation
and operation
Number of wholly-owned
subsidiaries
December
March
31, 2015
31, 2015
Operation of water treatment plant/
PRC
3
2
polyvinylidin hollow fibre (PVDF)
membrane, membrane products and
membrane system for both industrial
and domestic/commercial sectors
Manufacturing of polymers and
investment holding
Singapore
1
1
Trading of pumps and engineering
services
Malaysia
1
1
38
28
Principal activity
Place of incorporation
and operation
Number of non-wholly-
owned subsidiaries
December
March
31, 2015
31, 2015
Environmental engineering
PRC
1
1
Management of waste water
PRC
1
1
treatment system
Operation of water treatment plant/
PRC/Indonesia
9
6
Industrial waste water treatment plant
11
8
The table below shows details of non-wholly owned subsidiary of the Group that have material non-
controlling interest for the financial year ended December 31, 2015:
Name of subsidiaries
Place of
incorporation
and operation
Proportion of
effective equity
interest held by non-
controlling interests
Profit (Loss)
allocated to non-
controlling interests
Accumulated
non-controlling
interests
Dec 31,
2015
Mar 31,
2015
Dec 31,
2015
Mar 31,
2015
Dec 31,
2015
Mar 31,
2015
% % $’000 $’000 $’000 $’000
United Envirotech Water
(Changyi) Co. Ltd.
PRC
18
18
480 1,238 10,894 9,931
United Envirotech Water
Treatment (Dafeng) Co.,
Ltd
PRC
50
50 1,326
519 15,923 14,590
United Envirotech Water
(Qidong) Co. Ltd
PRC
30
30
(53)
63 4,966 5,121
Individually immaterial subsidiaries with
non-controlling interests
95 1,343 7,225 3,043
1,848 3,163 39,008 32,685
