EX-21 7 dex21.txt SUBSIDIARIES OF XEROX CORPORATION EXHIBIT 21 Subsidiaries of Xerox Corporation The following companies are subsidiaries of Xerox Corporation as of December 31, 2002. A subsidiary is a company in which Xerox Corporation or a subsidiary of Xerox Corporation holds 50% or more of the voting stock. The names of a number of other subsidiaries have been omitted as they would not, if considered in the aggregate as a single subsidiary, constitute a significant subsidiary: Name of Subsidiary Incorporated In ------------------ --------------- AMTX, Inc. Delaware Bradley Company Ohio Carmel Valley, Inc. Delaware Chrystal Software, Inc. Delaware ContentGuard Holdings, Inc. Delaware (16) ContentGuard, Inc. Delaware Copicentro N.V. Netherlands Antilles FairCopy Services Inc. Canada Fourth Xerox Receivables LLC Delaware GroupFire, Inc. California Gyricon Media Inc. Delaware (18) Gyricon Media LLC Delaware (17) IGHI, Inc. Delaware Xerox Global Services Limited United Kingdom Delphax Systems GmbH Germany InConcert, Inc. Delaware Infotonics Technology Center Inc. New York (19) Institute for Research on Learning Delaware Intelligent Electronics, Inc. Pennsylvania Xerox Connect, Inc. Pennsylvania Jeremiad Co. Delaware Kapwell Holdings, Ltd. Bermuda Proyectos Inverdoco, C.A. Venezuela Leeroit S.A. Ecuador LiveWorks, Inc. Delaware Low-Complexity Manufacturing Group, Inc. Delaware New PARC LLC Delaware Pacific Services and Development Corporation Delaware Inversiones San Simon, S.A. Venezuela Estacionamiento Bajada III, C.A. Venezuela PageCam, Inc. Delaware Palo Alto Research Center Incorporated Delaware PixelCraft, Inc. Delaware Securities Information Center, Inc. Delaware SCC Burton Corporation Delaware 79861 Ontario Inc. Ontario Terabank Systems, Inc. Delaware The Xerox Foundation Delaware Third Xerox Receivables LLC Delaware Uppercase, Inc. Delaware XDI, Inc. Delaware Xerox Antilliana N.V. Netherlands Antilles Xerox Antilliana (Aruba) N.V. Aruba Xerox Antilliana (St. Maarten) N.V. Netherlands Antilles Xerox Argentina, I.C.S.A. Argentina Xerox Canada Capital Ltd. Canada Xerox Canada Inc. Ontario 832667 Ontario Inc. Ontario Page 1 Name of Subsidiary Incorporated In ------------------ --------------- 1192990 Ontario Inc. Ontario 1324029 Ontario Inc. Ontario 1343175 Ontario Inc. Ontario Xerox (Barbados) SRL Barbados (15) Xerox (Barbados) Leasing SRL Barbados Xerox Business Centre (Ireland) Limited Ireland Xerox Electronic (Ireland) Limited Ireland Xerox Finance (Luxembourg) Sarl Luxembourg Xerox Hardware (Ireland) Limited Ireland Xerox Toner (Ireland) Limited Ireland Xerox Canada Acceptance Inc. Canada Xerox Canada Facilities Management Ltd. Ontario Xerox Canada Finance Inc. Ontario Xerox Canada Leasing Partnership Ontario (20) Xerox Canada Ltd. Canada (4) 965905 Alberta Ltd. Alberta Ionographic Operations Partnership Massachusetts (22) Xerox Canada Manufacturing & Research Inc. Ontario Xerox Capital, LLC Turks & Caicos Islands (9) Xerox Capital de Mexico, S.A. de C.V. Mexico Xerox Capital Services LLC Delaware (21) Xerox Capital Trust I Delaware (11) Xerox Capital Trust II Delaware Xerox de Chile S.A. Chile Xerox de Colombia S.A. Colombia Xerox Color Printing, Inc. Delaware Xerox de Costa Rica, S.A. Costa Rica Xerox Developing Markets Limited Bermuda Sidh Securities Limited Mauritius Xerox Dominicana, C. por A. Dominican Republic Xerox del Ecuador, S.A. Ecuador Xerox de El Salvador, S.A. de C.V. El Salvador Xerox Export, LLC Delaware Xerox Finance, Inc. Delaware Xerox (Austria) Holdings GmbH Austria Xerox Investments Holding (Bermuda) Limited Bermuda Xerox Financial Services, Inc. Delaware Ridge Reinsurance Limited Bermuda Talegen Holdings, Inc. Delaware Talegen Properties, Inc. Delaware Xerox Credit Corporation Delaware Fifth XCC Receivables LLC Delaware Xerox Foreign Sales Corporation Barbados Xerox Funding Corporation Delaware Xerox Funding LLC II Delaware Xerox de Guatemala, S.A. Guatemala XGUA Servicios, Ltda. Guatemala Xerox d'Haiti, S.A. Haiti Xerox de Honduras, S.A. Honduras Xerox Holding LLC Delaware Xerox Equipment LLC Delaware Xerox Funding LLC Delaware Xerox Equipment Lease Owner Trust 2001-1 Delaware Xerox Imaging Systems, Inc. Delaware Xerox International Joint Marketing, Inc. Delaware Xerox International Partners California (10) Xerox International Realty Corporation Delaware Xerox Canada Realty Inc. Ontario (3) Xerox Investments Europe B.V. Netherlands Xerox Holdings (Ireland) Limited Ireland Xerox (Europe) Limited Ireland Bipolar Limited Ireland Page 2 Name of Subsidiary Incorporated In ------------------ --------------- Xerox Channels Limited Ireland Xerox Ink Jet (Ireland) Limited Ireland Xerox Ink Tanks (Ireland) Limited Ireland Xerox XF Holdings (Ireland) Limited Ireland Xerox Finance (Cyprus) Limited Cyprus Xerox Finance (Ireland) Limited United Kingdom Xerox Leasing Ireland Limited Jersey Xerox Israel Ltd. Israel Xerox UK Holdings Limited United Kingdom Triton Business Finance Limited United Kingdom Xerox Engineering Systems Europe Limited United Kingdom Xerox Research (UK) Limited United Kingdom Xerox Trading Enterprises Limited United Kingdom Xerox Overseas Holdings Limited United Kingdom Xerox Business Equipment Limited United Kingdom Xerox Computer Services Limited United Kingdom Xerox Mailing Systems Limited United Kingdom0 Xerox Capital (Europe) plc United Kingdom (13) XRO Limited United Kingdom Nemo (AKS) Limited United Kingdom XRI Limited United Kingdom RRXH Limited United Kingdom (12) RRXO Limited United Kingdom RRXIL Limited United Kingdom (6) Xerox Holding (Nederland) B.V. Netherlands Xerox Manufacturing (Nederland) B.V. Netherlands Xerox Office Printing Distribution B.V. Netherlands Xerox XHB Limited Bermuda (6) Xerox XIB Limited Bermuda (6) Xerox Limited United Kingdom (6) City Paper Limited United Kingdom Continua Limited United Kingdom Continua S.A. France Continua Sanctum Limited United Kingdom Xerox Property Services Limited United Kingdom NV Xerox Credit S.A. Belgium NV Xerox Management Services S.A. Belgium N.V. Xerox S.A. Belgium The Xerox (UK) Trust United Kingdom Westbourne Limited United Kingdom Xerox AB Sweden RE Forvaltning AB Sweden Amanuens Document AB Sweden Xerox AG Switzerland Xerox Office Supplies AG Switzerland Xerox A/S Denmark Xerox Finans Denmark Xerox AS Norway Xerox Austria GmbH Austria Xerox Business Services GmbH Austria Xerox Leasing GmbH Austria Xerox Office Supplies GmbH Austria Xerox Beograd d.o.o. Yugoslavia Xerox Bulgaria Bulgaria Xerox Buro Araciari Ticaret ve Servis A.S. Turkey Xerox Channels Limited United Kingdom Xerox (C.I.S.) LLC Russia Xerox Credit AB Sweden XEROX CZECH Republic s r.o. Czech Republic Xerox Direct Rhein-Main GmbH Germany Xerox Espana-The Document Company, S.A.U. Spain Xerox Renting S.A.U. Spain Xerox de Financiacion S.A.U., E.F.C. Spain Page 3 Name of Subsidiary Incorporated In ------------------ --------------- Xerox Office Supplies S.A.U. Spain Xerox Exports Limited United Kingdom Xerox Fabricacion S.A.U. Spain Xerox Finance AG Switzerland Xerox Finance (Nederland) BV Netherlands Xerox GmbH Germany Xerox Dienstleistungsgesellschaft GmbH Germany Xerox Leasing Deutschland GmbH Germany Xerox Office Printing GmbH Germany Xerox Hellas AEE Greece Xerox Hungary Ltd Hungary Xerox (Ireland) Limited Ireland Xerox Modicorp Ltd India (8) Xerox (Nederland) BV Netherlands "Veco" Beheer Onroerend Goed BV Netherlands Xerox Document Supplies BV Netherlands Xerox Rentalease BV Netherlands Xerox Services BV Netherlands Xerox (Nigeria) Limited Nigeria Xerox Office Printing S.A.S France Xerox Oy Finland Asunto Oy Kristiinanvalli Finland Xerox Pensions Limited United Kingdom Xerox Polska Sp.zo.o Poland Xerox Portugal Equipamentos de Escritorio, Limitada Portugal CREDITEX - Aluguer de Equipamentos S.A. Portugal Xerox Professional Services Limited United Kingdom Xerox (Romania) Echipmante Si Servici S.A. Romania Xerox (Romania) SRL Romania Xerox Slovenia d.o.o. Slovenia Xerox South Africa (Proprietary) Limited South Africa (23) Laser Facilities (Proprietary) Limited South Africa (23) Letlapa Xerox (Pty) Ltd. South Africa (23) University Document Management Services (Proprietary) Limited South Africa (23) Xerox Namibia (Proprietary) Limited South Africa (23) Xerox S.p.A. Italy Xerox Telebusiness GmbH Germany Xerox - THE DOCUMENT COMPANY S.A.S. France Xerobail S.A. France Xerox Document Services SNC France Set Electronique SA France SCI Hieroglyphe France Set Belgium (EPC) Belgium Set Engineering SA France Set Italia Italy Set R&D Belgium (EES) Belgium Set UK Limited United Kingdom Xerox Business Services SNC France Xerox Document Supplies SNC France Xerox (UK) Limited United Kingdom Bessemer Trust Limited United Kingdom Inserco Manufacturing Limited United Kingdom Xerox Finance Limited United Kingdom Xerox Office Supplies Limited United Kingdom Xerox (R & S) Limited United Kingdom Xerox (Ukraine) Ltd LLC Ukraine Xexco Trading Limited United Kingdom Xerox West Africa Limited United Kingdom Xerox Latinamerican Holdings, Inc. Delaware Xerox Lease Funding LLC Delaware Xerox Lease Equipment LLC Delaware Xerox Mexicana, S.A. de C.V. Mexico Page 4 Name of Subsidiary Incorporated In ------------------ --------------- Xerox Middle East Investments (Bermuda) Limited Bermuda Bessemer Insurance Limited Bermuda Reprographics Egypt Limited Egypt Xerox Egypt S.A.E. Egypt Xerox Finance Leasing S.A.E. Egypt Xerox Equipment Limited Bermuda Xerox Maroc S.A. Morocco (2) Xerox Products Limited Bermuda Xerox de Nicaragua, S.A. Nicaragua Xerox de Panama, S.A. Panama Xerox del Paraguay SRL Paraguay Xerox Participacoes Ltda. Brazil Xerox do Brasil Ltda. Brazil Astor Administracao De Bens e Participacoes Ltda. Brazil (1) Centro de Desenvolvimiento de Sistemas de Vitoria S/A Brazil J.D.R. Vitoria Equipamentos S.A. Brazil Xerox Comercio e Industria Ltda Brazil Modern High Tech Web SA Brazil Xerox Desenvolvimento de Sistemas e de Technologia Ltda Brazil Xerox del Peru, S.A. Peru Xerox Real Estate Services, Inc. New York Xerox Realty Corporation Delaware Lansdowne Residential LLC Virginia Xerox Realty Corp. (California) California XRC Realty Corp. West California Xerox Servicios Tecnicos, C.A. Venezuela Xerox de Venezuela, C.A. Venezuela (5) Xerox Special Holding LLC Delaware Xerox Special Funding LLC Delaware Xerox Special Equipment LLC Delaware Xerox Trinidad Limited Trinidad Xerox Uruguay S.A. Uruguay Xerox XBS Warehouse Holding LLC Delaware Xerox XBS Warehouse Funding LLC Delaware Xerox XBS Warehouse Funding II LLC Delaware Xerox Zona Libre, S.A. Panama XES Merger Corp. Delaware XESystems Foreign Sales Corporation Barbados XESystems, Inc. Delaware XE Holdings, Inc. Delaware Xerox Engineering Systems AG Switzerland Xerox Engineering Systems Espanola SA Spain Xerox Engineering Systems SpA Italy Xerox ColografX Systems, Inc. California Synergix Image Solutions Suzhou Co. Ltd. China Xerox Engineering Systems B.V. Netherlands Xerox Engineering Systems GmbH Germany Xerox Engineering Systems N.V. Belgium Xerox Engineering Systems S.A. France XESystems Canada Inc. Ontario XESystems UK Limited United Kingdom Xerox Engineering Systems Limited United Kingdom Xtended Memory Systems California (1) Owned 40.01% by Xerox do Brasil, Ltda. and 59.99% by Xerox (Barbados) SRL and 2 shares by Carlos A. Salles. (2) Owned 99.9% by XMEIBL and .1% by several individuals. (3) 1,000 shares held by Xerox Canada Inc. and 9,000 shares held by Xerox International Realty Corporation. (4) Owned 65% by Xerox Canada Inc. and 35% by Xerox Canada Finance Inc. Page 5 (5) Owned 21.32% by Kapwell, Ltd., 65.43% by Xerox Servicios Tecnicos, C.A., and 13.25% by Inversiones San Simon, S.A.. (6) Includes indirect holdings. (8) Xerox Corporation has an indirect economic interest in 18.199% of XM through EMCO Finivest Limited, which is a controlled subsidiary of Spicecorp Ltd (formerly Modicorp Ltd) the joint venture partner. Xerox Corporation also owns an additional 4.421% through its wholly-owned subsidiary Xerox Developing Markets Limited. The total ownership by Xerox Corporation is 68.199%. (9) Owned 99.9% by Xerox Corporation and .1% by Pacific Services and Development Corporation, a wholly-owned subsidiary of Xerox Corporation. (10) Xerox International Partners is a California general partnership between FX Global, Inc. (49%) and Xerox International Joint Marketing, Inc. (51%). (11) Xerox Capital Trust I is a Delaware statutory business trust which is 100% beneficially owned by Xerox Corporation. The Trust is a special purpose financing vehicle. (12) 50% owned by XRI Limited. (13) Owned 99% by Xerox Overseas Holdings Limited and 1% by Mitcheldean Enterprise Workshops Limited as nominee for Xerox Overseas Holdings Limited. (15) Owned 88.27% by Xerox Canada Inc. and 11.73% by Xerox Corporation. (16) Owned 75% by Xerox Corporation and 25% by Microsoft Corporation. (17) Owned 78.2% by Xerox Corporation, 17.7% by e-PaperSign, LLC, 4% by New Ventures and .1% by Gyricon Media Inc. (18) Owned 50% by Xerox Corporation and 50% by e-PaperSign, LLC. (19) This a not-for-profit corporation which will act as a research and development consortium of businesses and universities. The initial members are Xerox, Corning, Kodak, University of Rochester, RIT and Cornell. (20) Xerox Canada Leasing Partnership is an Ontario partnership between Xerox Canada Inc. (99%) and Xerox Canada Finance Inc (1%). (21) Owned 19% by Xerox Corporation and 79% by GE Capital Information Technology Solutions, Inc. (22) Owned 66.995% by Xerox Canada Ltd. and 33.005% by Xerox Canada Inc. (23) Xerox does not have voting control and all South African entities are deconsolidated.