KB Home (KBH) 10-K2003 FY Annual report

Filed: 1 Mar 04, 12:00am

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New words: ABC, accomplished, accrual, added, adult, analyzed, Attention, backed, breadth, broader, brokered, captive, Carolina, Charleston, Charlotte, chase, clarify, classification, Colony, Columbia, combinationsThe, comfortable, companywide, compensationThe, component, consortium, constant, contractsThe, cooling, copy, dealer, default, demonstrate, discontinue, dynamic, earnest, East, eastern, easy, elevation, evolve, extinguishment, extraordinary, familiar, foothold, forfeiture, Fort, Fortune, front, GAAP, gave, Georgia, GoodwillThe, Greenville, groundbreaking, heart, heating, homeowner, houseCALLTM, identical, image, incomeThe, incurrence, infill, installment, Interactive, intrinsic, inviting, IRLCsThe, issuer, jointly, Kelly, Lakeland, lanni, law, letter, license, lifetime, live, Lucie, lucky, McAllen, mccaffery, Melbourne, Middle, mobile, morning, NA, newest, noncancelable, Oakland, online, operationsThe, ordinated, Palm, Palmetto, physically, placement, platform, pool, Port, POSTRETIREMENT, predetermined, prime, procure, proprietary, proud, pur, Raleigh, recourse, reimburse, rejoined, repay, rescission, residual, resized, revenuesThe, saleThese, Sarasota, seamlessly, shortage, society, solid, south, Southeast, southeastern, space, span, St, steadily, Stockton, Sunbelt, sustainable, terrence, terrific, thousand, top, Treasure, truth, unconditionally, unified, unprecedented, unvested, variation, vehicle, vest, vesting, VIE, viewer, voluntary, wholesale, Zale

Removed: capitalizing, cater, Cincinnati, direction, effort, ensure, facing, holding, innovatively, issue, landscaping, line, positive, recession, sanford, sigoloff, succeeding, surpassing, tight, village

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EXHIBIT 21

KB HOME AND CONSOLIDATED SUBSIDIARIES

SUBSIDIARIES OF THE REGISTRANT

The following subsidiaries of the KB Home were included in the November 30, 2003 consolidated financial statements:


	Percentage of Voting
	Securities Owned by the
	Registrant or a Subsidiary
	of the Registrant
Name of Company
Arizona
KB Home Phoenix Inc.		100
KB Home Sales — Phoenix Inc.		100
KB Home Sales — Tucson Inc.		100
KB Home Tucson Inc.		100
California
BPP Holdings, Inc.		100
Branching Tree Corp.		100
Cable Associates, Inc.		100
Custom Decor, Inc.		100
Kaufman and Broad Communities, Inc.		100
Kaufman and Broad Development Group		100
Kaufman and Broad Embarcadero, Inc.		100
Kaufman and Broad International, Inc.		100
Kaufman and Broad Land Development Venture, Inc.		100
Kaufman and Broad — Monterey Bay, Inc.		100
Kaufman and Broad — Moreno/Perris Valleys, Inc.		100
Kaufman and Broad of Utah, Inc.		100
KBASW Mortgage Acceptance Corporation		100
K&B Bakewell Seaside Venture, LLC		50
KB Holdings One, Inc.		100
KB Home Architecture Inc.		100
KB Home Central Valley Inc.		100
KB Home City Ranch Inc.		100
KB Home Coastal Inc.		100
KB Home Greater Los Angeles Inc.		100
KB Home Holdings Inc.		100
KB Home Insurance Agency, Inc.		100
KB Home Land Company		100
KB Home North Bay Inc.		100
KB Home Patterson, Inc.		100
KB Home Sacramento Inc.		100
KB Home Sales — Northern California Inc.		100
KB Home Sales — Southern California Inc.		100
KB Home San Diego Inc.		100
KB Home South Bay Inc.		100
KBI/Mortgage Acceptance Corporation		100
KBRAC IV Mortgage Acceptance Corporation		100
Kent Land Company		100
Lewis Homes Management Corp.		100
Mather Housing Company, LLC		100


	Percentage of Voting
	Securities Owned by the
	Registrant or a Subsidiary
	of the Registrant
Name of Company
Colorado
KB Home Colorado, Inc.		100
Delaware
City Ranch, LLC		100
Eden Land Development Corp.		100
e.KB, Inc.		100
Estes Homebuilding Co.		100
General Homes Corporation		100
General Homes Development LLC		100
General Homes of Arizona		100
General Homes of Dallas		100
General Homes of Florida		100
General Homes of Houston		100
GH Homebuilding Holdings, Inc.		100
HomeSafe Escrow Company		95
International Mortgage Acceptance Corporation		100
Kaufman and Broad Development Company		100
Kaufman and Broad Limited		100
Kaufman & Broad NexGen, LLC		100
KB Brea Development, LLC		100
KB Home Atlanta LLC		100
KB Home Charlotte LLC		100
KB Home Georgia LLC		100
KB Home Florida LLC		100
KB Home Fort Myers LLC		100
KB Home Illinois Inc.		100
KB Home Jacksonville LLC		100
KB Home North Carolina		100
KB Home Orlando LLC		100
KB Home Raleigh-Durham		100
KB Home Sales — Orlando LLC		100
KB Home Tampa LLC		100
KB Home Treasure Coast LLC
KB Home Wisconsin LLC		100
LDC Arctic LLC		100
LHC Arctic LLC		100
LHE Arctic LLC		100
LHN Arctic LLC		100
LP Arctic LLC		100
Rate One Associates, Inc.		100
Rate One Holdings, Inc.		100
rateOne Home Loans, LLC		100
Georgia
Colony Homes L.L.C.		100
KB Homes Sales — Atlanta LLC		100
Village Utilities LLC		100
Florida
Heritage Home Finance Corporation		100
KB Home Title Services, Inc.		100


	Percentage of Voting
	Securities Owned by the
	Registrant or a Subsidiary
	of the Registrant
Name of Company
Illinois
Kaufman and Broad of Illinois, Inc.		100
KB Home Mortgage Company		100
Massachusetts
Kaufman and Broad Homes, Inc.		100
Michigan
Keywick, Inc.		100
Minnesota
Kaufman and Broad Custom Homes, Inc.		100
Nevada
Desert Inn Development, LLC		100
HomeSafe Company		100
Kaufman and Broad Home Sales of Reno, Inc.		100
Kaufman and Broad of Reno, Inc.		100
KB Home Nevada Inc.		100
KB Home Sales — Nevada Inc.		100
Lewis Homes — Carlyle Venture L.L.C.		100
New Mexico
KB Home New Mexico Inc.		100
KB Home Sales — New Mexico Inc.		100
New York
KB Home Long Island Inc.		100
Texas
Clear Brook Crossing Inc.		100
Clear Brook Crossing Development LP		100
Eden Corporation		100
Envirographic, Inc.		100
FGMC, INC.		100
Hallmark Residential Group, Inc.		100
Kaufman and Broad Development of Texas, L.P.		100
KB Home Insurance Agency of Texas Holdings Inc.		100
Kaufman and Broad of Texas, Ltd.		100
KB Home Lone Star LP		100
KB Home Laredo LP		100
KBSA, Inc.		100
Quoin Investments, Inc.		100
Rayco Land Development, Inc.		100
San Antonio Title Co.		100
Satex Properties, Inc.		100
Canadian
Margreen Investments, Inc.		100
3238865 Canada Inc.		100
French
Gie KB		57.47
Kaufman and Broad Developpement S.A.		57.47
Kaufman and Broad Promotion Maisons Individuelles S.A.		57.47
Kaufman and Broad Renovation S.A.R.L.		57.47
Kaufman & Broad S.A.		57.47


	Percentage of Voting
	Securities Owned by the
	Registrant or a Subsidiary
	of the Registrant
Name of Company
LMP Chancy S.A.R.L.		57.47
Millet S.A.R.L.		57.47
Park S.A.		57.46
SMCI Developpement S.A.		57.47

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