Changes in the scope of consolidation

The consolidated interim financial statements of the LANXESS Group include the parent company LANXESS AG along with all of its domestic and foreign subsidiaries.

 
 
  EMEA (excl. Germany) Germany North America Latin America Asia-Pacific Total
 
Fully consolidated companies (incl. parent company)            
Jan. 1, 2014 23 12 5 5 20 65
Retirements   (1)     (1) (2)
Mergers         (1) (1)
Sep. 30, 2014 23 11 5 5 18 62
             
Consolidated associates and jointly controlled entities            
Jan. 1, 2014   2       2
Changes           0
Sep. 30, 2014 0 2 0 0 0 2
             
Non-consolidated companies            
Jan. 1, 2014 2 2 1 3 2 10
Retirements         (1) (1)
Sep. 30, 2014 2 2 1 3 1 9
             
Total            
Jan. 1, 2014 25 16 6 8 22 77
Retirements   (1)     (2) (3)
Mergers         (1) (1)
Sep. 30, 2014 25 15 6 8 19 73
  

In addition, two structured entities in the EMEA (excluding Germany) region are included in the consolidated interim financial statements.

The first-time inclusion of PCTS Specialty Chemicals Pte. Ltd., Singapore, acquired in 2013, in the consolidated financial statements was effected from April 5, 2013. The provisional purchase price allocation made with respect to this transaction was not adjusted in light of any new information or knowledge within one year from the acquisition date and is therefore final. The same applies to the purchase price allocations for the phosphorus chemicals business of Thermphos France S.A.R.L., Epierre, France, which was acquired on September 14, 2013. Details of these acquisitions and their effects on the LANXESS Group’s consolidated statement of financial position are provided in the notes to the consolidated financial statements as of December 31, 2013, under the heading “Companies consolidated.” 

Nexachem Trading (Qingdao) Co., Ltd., Qingdao, China, was liquidated in the reporting period. In addition, PCTS Specialty Chemicals Pte. Ltd., Singapore, was merged with LANXESS Butyl Pte. Ltd., Singapore. LANXESS sold all the shares of Perlon-Monofil GmbH, Dormagen, Germany, effective March 19, 2014. These changes had no material impact on the LANXESS Group’s financial position or results of operations.