Annual Report 1999 (For year ended March 31,1999)

"K" Line Group 

Business Company Name "K" Line's
Ownership
(%)*
   Paid-in Capital
(millions)
  Revenue
(millions)

OVERSEAS
Shipping Agency PT. "K" Line Indonesia           51           RP463.6     RP20,952
* Dongwoo Marine Co., Ltd.           46              WON400        WON4,355
* Kawasaki (Australia) Pty. Ltd.          100           A$4.8     A$7.0
Kawasaki del Peru S.A.     100           SOL1     SOL1.1
* Kawasaki (London) Limited 100           £6.35     £0.5
* "K" Line America, Inc. 100           US$15.5     US$93
* "K" Line (Australia) Pty. Ltd. 100           A$0.0001     A$5.8
* "K" Line (Western Australia) Pty. Ltd. 100           A$0.0001     A$1.5
"K" Line Bangladesh, Limited 49           TK5     TK8.9
"K" Line (China) Ltd. 100           US$1.12     US$1
* "K" Line (Deutschland) GmbH 100           DM0.3     DM5.8
* "K" Line (Europe) Limited 100           £1.28     £21
* "K" Line (France) S.A. 100           FFR3     FFR12.2
* "K" Line (Hong Kong) Ltd. 100           HK$15     HK$71
* "K" Line Maritime (Malaysia) Sdn. Bhd. 41.5           M$0.3     M$5.2
* "K" Line (Nederland) B.V. 100           DGL0.3     DGL6
* "K" Line (Singapore) Pte Ltd 95            S$1.5     S$69
* "K" Line (Thailand) Ltd. 34            BAT10     BAT663
Representaciones Maritimas Kawasaki-Chile Ltda. 100           CHP53.3     CHP739
TransMar Agencies, Inc. 40           PHP10.7     PHP35.6

Terminal Operator Central Freight Terminal Co., Ltd. 33           NT$102     NT$96.5
* Husky Terminal and Stevedoring, Inc. 50           US$0.1     US$11
* International Transportation Service, Inc. 100           US$2     US$110
* The Rail-Bridge Terminals(New Jersey)Corporation 100           US$3     US$4.7
* TransBay Container Terminal, Inc. 90           US$0.1     US$18

Warehousing Bangkok Cold Storage Service Ltd. 39.0           BAT10     BAT65
Beijing Sunshine Freight International Co., Ltd. 43           RMB20.7     RMB16
K Line Container Service (Thailand) Ltd. 38.9           BAT60     BAT63
SeaHighway Pty. Ltd. 50           A$4     A$7.9

Financing * "K" Line Holding Luxembourg S.A. 100           US$42.5     US$1.8
* K Line Holding (Thailand) Ltd. 100           BAT400     BAT6
* "K" Line Finance (Netherlands) B.V. 100           DGL45     DGL0.047
* "K" Line New York, Inc. 100           US$3     US$14

Land Transportation Bangkok Marine Enterprises, Limited 5           BAT10     BAT191

Container Manufacturing
& Repairing
Multimodal Engineering Corporation 100           US$0.15     US$3

Air Freight Forwarding * "K" Line Air Service (U.S.A.) Inc. 100           US$0.6     US$33
* "K" Line Air Service (Hong Kong) Ltd. 100           HK$8     HK$212
* "K" Line Air Service (U.K.) Ltd. 100           £0.2     £9

Other Business Minto Properties Pty. Ltd. 50           A$1.5     A$3
Prixcar Services Pty. Ltd. 33.3           A$2.1     A$35
Century Distribution Systems, Inc. 98.2           US$0.55     US$3.1
* "K" Line International (U.S.A.), Inc. 100           US$0.03     US$0.4
"K" Line Maritime Training Corporation 40           PHP0.5     PHP11.3
* "K" Line Realty (N.J.), Inc. 100           US$12     US$3
K-S Shipping Limited 50           US$0.6     US$10.7

*: Consolidated Subsidiaries   *: Affiliates Consolidated by Equity Method   *Includes Holdings of Subsidiaries

 

A$ :Australian dollars   DM :German marks   NT$ New Taiwan dollars   RMB :Chinese ren ming bi   SOL :Peruvian sols
BAT :Thai baht FER :French francs P :Mexican pesos RP :Indonesian rupiah TK :Bangladesh takas
CHP :Chilean pesos HK$ :Hong Kong dollars PHP :Philippine pesos S :Ecuadorian sucres US$ :United States dollars
DGL :Dutch guilders M$ :Malaysian dollars £ :Pounds sterling S$ :Singapore dollars WON :Korean won