EX-8 4 aexh_8.txt LIST OF SUBSIDIARIEZ OF CEZ, A. S. Exhibit 8. LIST OF SUBSIDIARIES OF CEZ, a. s. AS OF DECEMBER 31, 2002 The following table sets forth an overview of our equity interests in other companies as of December 31, 2003:
Country of Registered CEZ's Company Incorporation Capital(1) CZK `000 Interest in % ------- ------------------- ------------------- -------------- Shareholdings over 50%: CEZnet, a.s. Czech Republic 770,000 100.00 HYDROCEZ, a.s. Czech Republic 412,798 100.00 rpg Energiehandel GmbH Germany 48,608 100.00 I & C Energo s.r.o. Czech Republic 45,000 100.00 Energeticke opravny, a. s. Czech Republic 40,000 100.00 CEZ ENERGOSERVIS spol. s r.o. Czech Republic 18,000 100.00 CEZTel, a.s. Czech Republic 1,000 100.00 CEZ FINANCE B.V. The Netherlands 588 100.00 AB Michle s.r.o. (2) Czech Republic 420,100 99.99 Zapadoceska energetika, a.s. Czech Republic 1,605,615 99.13 Vychodoceska energetika, a.s. Czech Republic 2,549,544 98.83 Stredoceska energeticka a.s. Czech Republic 3,210,369 97.72 OSC, a.s. Czech Republic 13,900 66.67 KOTOUC STRAMBERK, spol. S r.o. (2) Czech Republic 569,259 64.87 Severomoravska energetika, a.s. Czech Republic 3,407,265 59.08 Ustav jaderneho vyzkumu Rez a.s Czech Republic 524,139 52.46 LOMY MORINA spol. s r.o. (2) Czech Republic 333,000 51.05 Severoceska energetika, a.s. Czech Republic 3,257,667 51.00 SIGMA - ENERGO s.r.o. Czech Republic 4,014 51.00 Shareholdings of 20% - 50%: GAPROM, s.r.o. (3) Czech Republic 12,000 50.00 JVCD, a.s. Czech Republic 100,000 49.00 KNAUF POCERADY, spol. s r.o. Czech Republic 372,350 40.00 Severoceske doly a.s. Czech Republic 9,000,055 37.20 CEPS, a.s. Czech Republic 13,034,685 34.00 Prazska energetika, a.s. Czech Republic 3,869,443 34.00 VLTAVOTYNSKA TEPLARENSKA a.s. Czech Republic 58,820 34.00 ESE, s.r.o. Czech Republic 10,000 34.00 SKODA PRAHA a.s. Czech Republic 557,524 29.80 Coal Energy, a.s. Czech Republic 50,000 20.00 Other: Jihomoravska energetika, a.s. Czech Republic 3,531,570 1.71 ----------------------------
(1) This table sets forth the amount of the registered capital as indicated on the share registry as of December 31, 2003. (2) Our voting rights do not reflect our share on the registered capital (see note 7 to the Consolidated Financial Statements). (3) Currently in liquidation.