Exhibit 21
Subsidiaries of Xerox Corporation
The following companies are subsidiaries of Xerox Corporation as of December 31, 2005. Unless otherwise noted, 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 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 |
Carmel Valley, Inc. | | Delaware |
dpiX | | Delaware |
FairCopy Services Inc. | | Canada |
GroupFire, Inc. | | California |
Gyricon, LLC | | Delaware |
IGHI, Inc. | | Delaware |
Xerox Global Services Limited | | United Kingdom |
Delphax Systems GmbH | | Germany |
Ighi Finland Oy | | Finland |
Infotonics Technology Center Inc. | | New York |
Institute for Research on Learning | | Delaware |
Jeremiad Co. | | Delaware |
Low-Complexity Manufacturing Group, Inc. | | Delaware |
NEWPARC LLC | | Delaware |
Pacific Services and Development Corporation | | Delaware |
Palo Alto Research Center Incorporated | | Delaware |
Proyectos Inverdoco, C.A. | | Venezuela |
Securities Information Center, Inc. | | Delaware |
SCC Burton Corporation | | Delaware |
79861 Ontario Inc. | | Ontario |
STHQ Realty LLC | | Delaware |
The Xerox Foundation | | Delaware |
XDI, Inc. | | Delaware |
Xerox Argentina, I.C.S.A. | | Argentina(1) |
Xerox Canada Capital Ltd. | | Canada |
Xerox Canada Inc. | | Ontario |
832667 Ontario Inc. | | Ontario |
Xerox (Barbados) SRL | | Barbados(14) |
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 Facilities Management Ltd. | | Ontario |
Xerox Canada Finance Inc. | | Ontario |
Xerox Canada Leasing Partnership | | Ontario(16) |
Xerox Canada Ltd. | | Canada(4) |
Ionographic Operations Partnership | | Massachusetts(18) |
XESystems Canada Inc. | | Ontario |
Xerox Canada Leasing Company | | Nova Scotia |
Xerox Canada Realty Inc. | | Ontario(3) |
Xerox Capital, LLC | | Turks & Caicos Islands(9) |
Xerox Capital Services LLC | | Delaware(17) |
Xerox Capital Trust I | | Delaware(11) |
| | |
Name of Subsidiary
| | Incorporated In
|
Xerox de Chile S.A. | | Chile |
Xerox de Colombia S.A. | | Colombia |
Xerox Color Printing, Inc. | | Delaware |
Xerox Developing Markets Limited | | Bermuda |
Sidh Securities Limited | | Mauritius |
Xerox del Ecuador, S.A. | | Ecuador |
Xerox Engineering Systems NV | | Belgium |
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 |
Xerox Credit Corporation | | Delaware |
Xerox Foreign Sales Corporation | | Barbados |
Xerox d’Haiti, S.A. | | Haiti |
Xerox de Honduras, S.A. | | Honduras |
Xerox Imaging Systems, Inc. | | Delaware |
Xerox International Joint Marketing, Inc. | | Delaware |
Xerox International Partners | | California(10) |
Xerox Investments Europe B.V. | | Netherlands |
Xerox Holdings (Ireland) Limited | | Ireland |
Xerox (Europe) Limited | | Ireland |
Bipolar Limited | | Ireland |
Monocolour Limited | | Ireland |
Xerox Ink Jet (Ireland) Limited | | Ireland |
Xerox Ink Tanks (Ireland) Limited | | Ireland |
Xerox XF Holdings (Ireland) Limited | | Ireland |
Xerox Finance (Ireland) Limited | | United Kingdom |
Xerox Leasing Ireland Limited | | Jersey |
Xerox S.A.S. | | France(22) |
Xerobail SAS | | France |
Xerox Financial Services SAS | | France |
Xerox Document Services SNC | | France(25) |
Set Electronique SA | | France |
Set Belgium (EPC) | | Belgium |
Set Engineering SA | | France |
Set Italia | | Italy |
Set R&D Belgium (EES) | | Belgium |
Xerox Global Services SAS | | France(23) |
Xerox Document Supplies SNC | | France(24) |
Xerox Israel Ltd. | | Israel |
Xerox UK Holdings Limited | | United Kingdom |
Triton Business Finance Limited | | United Kingdom |
Xerox Engineering Systems 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 Kingdom |
Xerox Capital (Europe) plc | | United Kingdom(12) |
2
| | |
Name of Subsidiary
| | Incorporated In
|
Xerox Holding (Nederland) B.V. | | Netherlands |
Xerox Manufacturing (Nederland) B.V. | | Netherlands |
Xerox Office Printing Distribution B.V. | | Netherlands |
Xerox Limited | | United Kingdom(6) |
City Paper Limited | | United Kingdom |
Continua Limited | | United Kingdom |
Continua S.A. | | France |
Continua Sanctum Limited | | United Kingdom |
NV Xerox Credit S.A. | | Belgium |
Xerox Financial Services Belux NV | | Belgium |
NV Xerox Management Services S.A. | | Belgium |
N.V. Xerox S.A. | | Belgium |
Xerox Luxembourg S.A. | | Luxembourg(28) |
The Xerox (UK) Trust | | United Kingdom |
Xerox AB | | Sweden |
Xerox AG | | Switzerland |
Xerox Office Supplies AG | | Switzerland |
Xerox A/S | | Denmark |
Xerox AS | | Norway |
Xerox Austria GmbH | | Austria |
Xerox Business Services GmbH | | Austria |
Xerox Leasing GmbH | | Austria |
Xerox Office Supplies GmbH | | Austria |
Xerox Bulgaria EOOD | | Bulgaria |
Xerox Buro Araciari Ticaret ve Servis A.S. | | Turkey |
Xerox Channels Limited | | United Kingdom |
Limited Liability Company Xerox (C.I.S.) | | Russia |
XEROX CZECH Republic s r.o. | | Czech Republic |
Xerox Direct Rhein-Main GmbH | | Germany |
Xerox Espana-The Document Company, S.A.U. | | Spain |
Xerox Financiacion S.A.U. | | Spain |
Xerox Renting S.A.U. | | Spain |
Xerox Office Supplies S.A.U. | | Spain |
Xerox Exports Limited | | United Kingdom |
Xerox Finance AG | | Switzerland |
Xerox Finance (Nederland) BV | | Netherlands |
Xerox Financial Services B.V. | | Netherlands(20) |
Xerox GmbH | | Germany |
Xerox Capital Services Verwaltungs GmbH | | Germany |
Xerox Capital Services GmbH & Co. KG | | Germany(19) |
Xerox Dienstleistungsgesellschaft GmbH | | Germany |
Xerox Leasing Deutschland GmbH | | Germany |
Xerox Reprographische Services GmbH | | Germany |
Xerox Hellas AEE | | Greece |
Xerox Hungary Trading Limited | | Hungary |
Xerox (Ireland) Limited | | Ireland |
Xerox India Limited | | 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 Oy | | Finland |
3
| | |
Name of Subsidiary
| | Incorporated In
|
Xerox Pensions Limited | | United Kingdom |
Xerox Polska Sp.zo.o | | Poland |
Xerox Portugal Equipamentos de Escritorio, Limitada | | Portugal(21) |
CREDITEX—Aluguer de Equipamentos S.A. | | Portugal |
Xerox Professional Services Limited | | United Kingdom |
Xerox Property Services Limited | | United Kingdom |
Xerox (Romania) Echipmante Si Servici S.A. | | Romania |
Xerox Slovenia d.o.o. | | Slovenia |
Xerox S.p.A. | | Italy |
Xerox Italia Rental Services s.r.l. | | Italy |
Xerox Sverige AB | | Sweeden |
Xerox Telebusiness GmbH | | Germany |
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 |
Xerox West Africa Limited | | United Kingdom |
XESystems UK Limited | | United Kingdom |
Xerox Engineering Systems Limited | | United Kingdom |
Xexco Trading Limited | | United Kingdom |
Xerox XHB Limited | | Bermuda(6) |
Xerox XIB Limited | | Bermuda(6) |
XRO Limited | | United Kingdom |
Nemo (AKS) Limited | | United Kingdom |
XRI Limited | | United Kingdom |
RRXH Limited | | United Kingdom |
RRXO Limited | | United Kingdom |
RRXIL Limited | | United Kingdom(6) |
Xerox Latinamerican Holdings, Inc. | | Delaware |
Xerox Lease Funding LLC | | Delaware |
Xerox Lease Equipment LLC | | Delaware |
Xerox Mexicana, S.A. de C.V. | | Mexico(29) |
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 Participacoes Ltda. | | Brazil |
Xerox Comercio e Industria Ltda | | Brazil |
Xerox del Peru, S.A. | | Peru |
Xerox Realty Corporation | | Delaware |
Lansdowne Residential LLC | | Virginia |
Xerox Trade Receivables LLC | | Delaware |
Xerox Trinidad Limited | | Trinidad |
Xerox de Venezuela, C.A. | | Venezuela(5) |
Xerox XBS Warehouse Holding LLC | | Delaware |
4
| | |
Name of Subsidiary
| | Incorporated In
|
Xerox XBS Warehouse Funding LLC | | Delaware |
Xerox XBS Warehouse Funding II LLC | | Delaware |
XESystems Foreign Sales Corporation | | Barbados |
XGUA Servicios, Ltda. | | Guatemala |
| (1) | Xerox Corporation owns 90% of the shares of Xerox Argentina; the remaining 10% is owned by Pacific Services and Development Corporation, a wholly-owned subsidiary of Xerox Corporation. |
| (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 Corporation. |
| (4) | Owned 65% by Xerox Canada Inc. and 35% by Xerox Canada Finance Inc. |
| (5) | Owned 86.25% by Xerox Corporation, and 13.25% by Pacific Services and Development Corporation. |
| (6) | Includes indirect holdings. |
| (8) | Owned 45.579% by Xerox Limited, 38.871% by Sidh Securities Limited (Mauritius) (a subsidiary of Xerox Developing Markets Limited) and 4.421% through Xerox’s wholly-owned subsidiary, Xerox Developing Markets Limited. The total ownership by Xerox Corporation is 88.871%. |
| (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) | Owned 99% by Xerox Overseas Holdings Limited and 1% by Xerox Property Services Limited as nominee for Xerox Overseas Holdings Limited. |
| (14) | Owned 88.27% by Xerox Canada Inc. and 11.73% by Xerox Corporation. |
| (15) | 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. |
| (16) | Xerox Canada Leasing Partnership is an Ontario general partnership between Xerox Canada Inc. (99%) and Xerox Canada Finance Inc. (1%). |
| (17) | Owned 19% by Xerox Corporation and 81% by GE Capital Information Technology Solutions, Inc. [Included in Xerox Corporation’s consolidated financial statements.] |
| (18) | Owned 66.995% by Xerox Canada Ltd. and 33.005% by Xerox Canada Inc. |
| (19) | Owned by Xerox GmbH and Xerox Capital Services Verwaltungs GmbH. |
| (20) | Xerox Financial Services B.V. is a joint venture between De Lage Landen International B.V. (51%) and Xerox Limited (49%), established on 12/14/01 for the purpose of offering financing for the business of Xerox (Nederland) B.V. [Included in Xerox Corporation’s consolidated financial statements.]. |
| (21) | Owned 76% by Xerox Limited and 24% by Xerox Property Services Limited. |
| (22) | Owned 89.77% by Xerox XF Holdings (Ireland) Limited and 10.23% by Xerox Limited. |
| (23) | Owned 99.96% by Xerox Document Services SNC and 0.4% by Xerobail SAS. |
| (24) | Owned 99.99% by XEROX S.A.S. and .01% by Xerobail SAS. |
| (25) | Owned 99.96% by XEROX S.A.S. and .04% by Xerobail SAS. |
| (28) | Owned 99% by NV Xerox SA and 1% by NV Xerox Credit SA. |
| (29) | Owned 99.99% by Xerox Corporation and .01% by Pacific Services and Development Corporation. |
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