COMPANIES ' ) WHICH ARE ARE RESPONSIBLE FOR THE DISTRIBUTION OF HUGIN PRODUCTS IN THEIR RESPECTIVE TERRITORIES :
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SUBSIDIARY // COUNTRY OF INCORPORATION // PERCENTAGE OWNERSHIP //
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SA HUGIN BELGIUM NV // BELGIUM // 99 //
A/S HUGIN // DENMARK // 100 //
CAISSES ENREGISTREUSES HUGIN // FRANCE // 88 //
HUGIN DATA VERTRIEBGESELLSCHAFT MBH // GERMANY // 100 //
HUGIN CASH REGISTERS LTD // UNITED KINGDOM // 100 //
NB : THE BELGIAN SUBSIDIARY ' S TERRITORY INCLUDES LUXEMBOURG .
HUGIN AB HAS OTHER SUBSIDIARIES IN THE UNITED STATES OF AMERICA , MEXICO , NORWAY AND VENEZUELA .
IN IRELAND , ITALY AND THE NETHERLANDS WHERE HUGIN AB HAS NO SUBSIDIARIES , IT HAS APPOINTED GENERAL AGENTS OR MAIN DISTRIBUTORS TO SELL AND SERVICE HUGIN CASH REGISTERS UNDER AGREEMENTS MADE OR RENEWED BETWEEN 1971 AND 1976 .
THE AGGREGATE ANNUAL TURNOVER FOR ALL PRODUCTS FOR THE WHOLE HUGIN GROUP IN 1975 WAS SKR 246 000 000 OF WHICH THE SALE OF CASH REGISTERS ACCOUNTED FOR SKR 184 000 000 . IN ADDITION THE VALUE OF SPARE PARTS FOR CASH REGISTERS DELIVERED IS ESTIMATED AT ABOUT SKR 7 000 000 . IN 1975 THE TURNOVER FOR THE SALE OF CASH REGISTERS BY HUGIN COMPANIES IN THE EEC WAS SKR 47 200 000 , AND THE VALUE OF SPARE PARTS SUPPLIED IS ESTIMATED AT SKR 2 300 000 . IN THE UNITED KINGDOM TURNOVER WAS SKR 13 800 000 AND THE VALUE OF SPARE PARTS SUPPLIED IS ASSESSED AT SKR 700 000 . IN THE UNITED KINGDOM THE VALUE OF MAINTENANCE SERVICES , OTHER THAN SPARE PARTS , WAS SKR 7 500 000 . THE SERVICE AND REPAIR OF HUGIN CASH REGISTERS IS THEREFORE SUBSTANTIAL BUSINESS , ACCOUNTING FOR 34 % OF HUGIN UK ' S TOTAL TURNOVER , COMPARED WITH THE VALUE OF SPARE PARTS SUPPLIED REPRESENTING ABOUT 3 % .
TURNOVER IN SPARE PARTS IS ONLY AN ESTIMATE AS SPARE PARTS ARE NOT NORMALLY AVAILABLE FOR SALE , BEING SUPPLIED EITHER FREE UNDER GUARANTEE OR AS PART OF A SERVICE CONTRACT PROVIDED TO CUSTOMERS .
LIPTONS CASH REGISTERS AND BUSINESS EQUIPMENT LTD
LIPTONS CASH REGISTERS AND BUSINESS EQUIPMENT LTD ( HEREINAFTER REFERRED TO AS ' LIPTONS ' ) IS A SMALL COMPANY , ESTABLISHED IN LONDON OVER 25 YEARS AGO , WHICH SPECIALIZES IN BUSINESS MACHINES , PARTICULARLY CASH REGISTERS . LIPTONS SERVICES , REPAIRS , RECONDITIONS , SELLS AND RENTS OUT CASH REGISTERS OF MOST MAKES BOTH NEW AND RECONDITIONED AND HAS , AS A RESULT , ACQUIRED CONSIDERABLE EXPERIENCE AND EXPERTISE IN THIS FIELD . THE COMPANY EMPLOYS TECHNICAL STAFF SKILLED IN THE MAINTENANCE , REPAIR AND RECONDITIONING OF ALL THE WELL- KNOWN MAKES OF CASH REGISTER AND OTHER BUSINESS MACHINES . LIPTONS STATE THAT THEY UNDERTAKE THE SERVICE , REPAIR , OVERHAUL AND REBUILDING OF ALL LEADING MAKES OF MECHANICAL AND ELECTRO-MECHANICAL CASH REGISTERS , INCLUDING THE LATEST ELECTRONIC MACHINERY .
LIPTONS , WHICH STARTED BUSINESS IN THE 1950S BY TRADING IN NEW