Diebold Nixdorf (DBD) 10-K 2003 FY Annual report

EXHIBIT 21

LIST OF SIGNIFICANT SUBSIDIARIES

The following are the subsidiaries of the Registrant included in the Registrant’s consolidated financial statements at December 31, 2003. Other subsidiaries are not listed because such subsidiaries are inactive. Subsidiaries are listed alphabetically under either the domestic or international categories.

	Jurisdiction under	Percent of voting securities
Domestic	which organized	owned by Registrant
ATM Finance, Inc.	Ohio		100	%
Central Security Systems, Inc.	Hawaii		100	%
Data Information Management Systems, Inc.	California		100	%
DBD Investment Management Company	Delaware		100	%
Diebold Australia Holding Company, Inc.	Delaware		100	%
Diebold China Security Holding Company, Inc.	Delaware		100	%
Diebold Credit Corporation	Delaware		100	%
Diebold Election Systems, Inc.	Delaware		100	%	(6)
Diebold EMEA Management, Inc.	Ohio		100	%
Diebold Finance Company, Inc.	Delaware		100	%	(1)
Diebold Foreign Sales Corporation	St. Thomas, U.S. Virgin Islands		100	%	(1)
Diebold Holding Company, Inc.	Delaware		100	%
Diebold Investment Company	Delaware		100	%
Diebold Latin America Holding Company, Inc.	Delaware		100	%
Diebold Mexico Holding Company, Inc.	Delaware		100	%
Diebold Midwest Manufacturing, Inc.	Delaware		100	%
Diebold of Nevada, Inc.	Nevada		100	%
Diebold Self-Service Systems	New York		100	%	(2)
Diebold Southeast Manufacturing, Inc.	Delaware		100	%	(3)
Diebold SST Holding Company, Inc.	Delaware		100	%
Diebold Texas, Incorporated	Texas		100	%
Diebold Transaction Services, Inc.	Delaware		100	%
Griffin Technology, Incorporated	New York		100	%
InterBold Technologies, Inc.	Delaware		100	%	(4)
Mayfair Software Distribution, Inc.	Delaware		100	%
Nexus Software, Incorporated	Delaware		100	%
Pioneer Systems, Inc.	Pennsylvania		100	%
R. D. Products, Inc.	New York		100	%	(5)
VDM Holding Company, Inc.	Delaware		100	%
Verdi & Associates, Inc.	New York		100	%

(1)	100% of voting securities are owned by Diebold Investment Company which is 100% owned by the Registrant.
(2)	70% of partnership interest is owned by Diebold Holding Company, Inc., which is 100% owned by the Registrant and 30% is owned by Diebold SST Holding Company, Inc., which is 100% owned by the Registrant.
(3)	100% of voting securities are owned by Diebold Midwest Manufacturing, Inc., which is 100% owned by the Registrant.
(4)	100% of voting securities are owned by Diebold Self-Service Systems, which is 70% owned by Diebold Holding Company, Inc. and 30% owned by Diebold SST Holding Company, Inc., which are 100% owned by the Registrant.
(5)	100% of voting securities are owned by Griffin Technology, Incorporated which is 100% owned by the Registrant.
(6)	100% of voting securities are owned by Diebold Election Systems ULC, which is 100% owned by the Registrant.

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EXHIBIT 21

LIST OF SIGNIFICANT SUBSIDIARIES
(CONTINUED)

	Jurisdiction under	Percent of voting securities
International	which organized	owned by Registrant
Cable Print N.V	Belgium		100	%
Cardinal Brothers Manufacturing & Operations, Pty. Ltd.	Australia		100	%	(12)
Caribbean Self Service and Security Ltd.	Barbados		100	%	(18)
DBD Asset Management S.A. de C.V.	Mexico		100	%	(7)
DCHC, S.A.	Panama		100	%	(18)
Diebold ATM Cihazlari Sanayi Ve Ticaret A.S.	Turkey		100	%	(23)
Diebold Argentina, S.A.	Argentina		100	%	(18)
Diebold Australia Pty. Ltd.	Australia		100	%	(8)
Diebold Belgium B.V.B.A	Belgium		100	%	(27)
Diebold Brasil LTDA	Brazil		100	%	(18)
Diebold Cassis Manufacturing S.A.	France		100	%
Diebold Colombia S.A.	Colombia		55	%	(21)
The Diebold Company of Canada, Ltd.	Canada		100	%
Diebold Ecuador SA	Ecuador		100	%	(29)
Diebold Election Systems Inc.	Canada		100	%
Diebold EMEA Processing Centre Limited	United Kingdom		100	%
Diebold Financial Equipment Company (China), Ltd.	Peoples Republic of China		78	%
Diebold France SARL	France		100	%	(10)
Diebold Germany GmbH	Germany		100	%	(10)
Diebold India Private Limited	India		100	%
Diebold Hungary Ltd.	Hungary		100	%	(10)
Diebold International Limited	United Kingdom		100	%	(10)
Diebold Italy S.r.l	Italy		100	%	(20)
Diebold Mexico, S.A. de C.V.	Mexico		100	%	(9)
Diebold Netherlands B.V.	Netherlands		100	%	(10)
Diebold OLTP Systems, A.V.V.	Aruba, Dutch West Indies		50	%
Diebold OLTP Systems, C.A.	Venezuela		50	%	(16)
Diebold Pacific, Limited	Hong Kong		100	%
Diebold Panama, Inc.	Panama		100	%	(18)
Diebold Paraguay S.A.	Paraguay		100	%	(18)
Diebold Peru S.r.l	Peru		100	%	(18)
Diebold Philippines, Inc.	Philippines		100	%	(28)
Diebold Poland S.p. z.o.o.	Poland		100	%	(10)
Diebold Portugal – Solucoes Informaticas, S.A.	Portugal		100	%	(10)
Diebold (Romania) S.R.L.	Romania		100	%
Diebold Safetell International Security Limited	Australia		100	%	(12)
Diebold Security and Services Pty	Australia		100	%	(12)
Diebold Systems Private Limited	India		100	%
Diebold Osterreich Selbstbedienungssysteme GmbH	Austria		100	%	(10)

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EXHIBIT 21

LIST OF SIGNIFICANT SUBSIDIARIES
(CONTINUED)

	Jurisdiction under	Percent of voting securities
International	which organized	owned by Registrant
Diebold Selbstbedienyngssysteme (Schweiz) GmbH	Switzerland		100	%	(10	)
Diebold Self-Service CIS Ltd.	Russia		100	%	(10	)
Diebold Self Service Solutions Limited Liability Company	Switzerland		100	%	(22	)
Diebold Self Service Solutions Namibia (Pty) Ltd.	Namibia		100	%	(26	)
Diebold Singapore Pte. Ltd	Singapore		100	%
Diebold South Africa (Pty) Ltd.	South Africa		100	%
Diebold Spain, S.L.	Spain		100	%	(10	)
Diebold (Thailand) Company Limited	Thailand		100	%
Diebold Uruguay S.A.	Uruguay		100	%	(18	)
DPB S.A.	Argentina		100	%	(18	)
DSSS Panama, S.A.	Panama		55	%	(17	)
Mecaf Impressoras S.A.	Brazil		100	%	(19	)
Nexus Software UK Ltd.	United Kingdom		100	%	(15	)
P.T. Diebold Indonesia	Indonesia		100	%	(11	)
Procomp Amazonia Industria Eletronica S.A.	Brazil		100	%	(19	)
Procomp Comercio e Servicos LTDA	Brazil		100	%	(19	)
Procomp Industria Eletronica LTDA	Brazil		100	%	(19	)
RLM Monitoring Pty. Ltd.	Australia		100	%	(12	)
Safequip Automated Systems Pty. Ltd.	Australia		50	%	(13	)
Safetell Cash Handling Pty. Ltd.	Australia		100	%	(14	)
Safetell International Services Pty. Ltd.	Australia		100	%	(14	)
Sersi S.A.	France		100	%	(30	)
Sersi Italia	Italy		100	%	(30	)
Siab (HK) Limited	Hong Kong		100	%	(4	)
Shanghai Diebold King Safe Company, Limited	China		50	%	(25	)
Shanghai Diebold Security Equipment Company, Ltd.	China		50	%	(25	)
Shanghai Diebold Security Products Company, Limited	China		50	%	(25	)
Starbuck Computer Empire, A.V.V	Aruba, Dutch West Indies		50	%
Tecron Security Pty. Ltd.	Australia		70	%	(24	)

(7)	100% of voting securities are owned by Diebold Mexico Holding Company, Inc., which is 100% owned by the Registrant.
(8)	100% of voting securities are owned by Diebold Australia Holding Company, Inc. which is 100% owned by the Registrant.
(9)	100% of voting securities are owned by Diebold Mexico Holding Company, Inc. which is 100% owned by the Registrant.
(10)	100% of voting securities are owned by Diebold Self-Service Solutions Limited Liability Company, which is 95% owned by the Registrant and 5% owned by Diebold Holding Company, Inc., which is 100% owned by the Registrant.
(11)	75% of voting securities are owned by the Registrant, 25% of voting securities are owned by Diebold Pacific, Limited, which is 100% owned by the Registrant.
(12)	100% of voting securities are owned by Diebold Australia Pty. Ltd., which is 100% owned by Diebold Australia Holding Company, Inc., which is 100% owned by the Registrant.
(13)	50% of voting securities are owned by Safetell Cash Handling Pty. Ltd., which is 100% owned by Diebold Safetell International Security Limited, which is 100% owned by Diebold Australia Pty. Ltd., which is 100% owned by Diebold Australia Holding Company, Inc. which is 100% owned by the Registrant.

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EXHIBIT 21

LIST OF SIGNIFICANT SUBSIDIARIES (CONCLUDED)

(14)	100% of voting securities are owned by Diebold Safetell International Security Limited, which is 100% owned by Diebold Australia Pty. Ltd., which is 100% owned by Diebold Australia Holding Company, Inc. which is 100% owned by the Registrant.
(15)	100% of voting securities are owned by Nexus Software, Incorporated, which is 100% owned by the Registrant.
(16)	50% of voting securities are owned by Diebold Latin America Holding Company, Inc., which is 100% owned by the Registrant.
(17)	55% of voting securities are owned by Diebold Latin America Holding Company, Inc., which is 100% owned by the Registrant.
(18)	100% of voting securities are owned by Diebold Latin America Holding Company, Inc., which is 100% owned by the Registrant.
(19)	100% of voting securities are owned by Diebold Brasil LTDA, which is 100% owned by Diebold Latin America Holding Company, Inc., which is 100% owned by the Registrant.
(20)	77% of voting securities are owned by the Diebold International Limited, wich is 100% owned by Diebold Self Service Solutions Limited Liability Company, which is 100% owned by the Registrant, while 23% of the voting securities are owned by Diebold Cassis Manufacturing, S.A, which is 100% owned by the Registrant.
(21)	21.44% of voting securities are owned by Diebold Latin America Holding Company, Inc., 16.78 % of voting securities are owned by Diebold Panama, Inc. which is 100% owned by Diebold Latin America Holding Company, Inc., 16.78% of voting securities are owned by DCHC SA, which is 100% owned by Diebold Latin America Holding Company, Inc., which is 100% owned by the Registrant.
(22)	95% of voting securities are owned by the Registrant, while 5% of voting securities are owned by Diebold Holding Company, Inc., which is 100% owned by the Registrant.
(23)	50% of voting securities are owned by Diebold Netherlands B.V., which is owned by Diebold Self Service Solutions Limited Liability Company, which is 95% owned by Registrant and 5% owned by Diebold Holding Company, Inc., which is 100% owned by the Registrant, while 50% of voting securities are owned by Diebold Self Service Solutions Limited Liability Company, which is 95% owned by Registrant and 5% owned by Diebold Holding Company, Inc., which is 100% owned by the Registrant.
(24)	70% of voting securities are owned by Diebold Australia Pty. Ltd., which is owned 100% by Diebold Australia Holding Company, Inc. which is 100% owned by Registrant.
(25)	50% of voting securities owned by Diebold China Security Holding Company, Inc., which is 100% owned by Registrant.
(26)	100% of voting securities are owned by Diebold South Africa (Pty) Ltd. which is 100% owned by the Registrant.
(27)	10% of voting securities are owned by Diebold Selbstbedienungssysteme GmbH which is owned 100% by Diebold Self Service Solutions Limited Liability Company; 90% of voting securities are owned by Diebold Self Service Solutions Limited Liability Company, which is 95% owned by Registrant and 5% owned by Diebold Holding Company, Inc., which is 100% owned by the Registrant.
(28)	100% of voting securities are owned by Diebold (Thailand) Company Limited, which is 100% owned by the Registrant.
(29)	99.99% of voting securities are owned by Diebold Columbia SA (refer to 21 for ownership) and 0.01% of voting securities are owned by Diebold Latin America Holding Company, Inc., which is 100% owned by the Registrant.
(30)	100% of voting securities are owned by Diebold International Limited, which is 100% owned by Diebold Self-Service Solutions Limited Liability Company, which is 95% owned by the Registrant and 5% owned by Diebold Holding Company, Inc., which is 100% owned by the Registrant.

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