EXHIBIT 21.1
CIT GROUP INC.
Subsidiaries as of December 31, 2003
Jurisdiction
of Ownership
Incorporation Percentage
------------- ----------
44 Whippany Fund LLC .............................. USA-DE 100%
Agilent Financial Services, Inc. .................. USA-DE 100%
AlphaGen Power LLC ................................ USA-DE 100%
AT&T Automotive Services, Inc. .................... USA-DE 100%
ATMOR Properties Inc. ............................. USA-DE 100%
Baffin Shipping Co., Inc. ......................... USA-DE 100%
Bliss Clearing Niagara, Inc. ...................... USA-DE 100%
Boat Dealers' Acceptance Company, L.L.C. .......... USA-DE 100%
Broad River OL-1 LLC .............................. USA-DE 100%
Broad River OL-2 LLC .............................. USA-DE 100%
Broad River OL-3 LLC .............................. USA-DE 100%
Broad River OL-4 LLC .............................. USA-DE 100%
Capita Colombia Holdings Corp. .................... USA-DE 100%
Capita Corporation ................................ USA-DE 100%
Capita International L.L.C. ....................... USA-DE 100%
Capita Premium Corporation ........................ USA-DE 100%
Capital Syndication Corporation ................... USA-DE 100%
CFHE Funding Company LLC .......................... USA-DE 100%
C.I.T. Leasing Corporation ........................ USA-DE 100%
C.I.T. Realty Corporation ......................... USA-DE 100%
CIT Bank d/b/a CIT OnLine Bank .................... USA-UT 100%
CIT Bus Corporation ............................... USA-DE 100%
CIT Capital Securties, Inc. ....................... USA-DE 100%
CIT China 1, Inc. ................................. USA-DE 100%
CIT China 2, Inc. ................................. USA-DE 100%
CIT China 3, Inc. ................................. USA-DE 100%
CIT China 4, Inc. ................................. USA-DE 100%
CIT China 5, Inc. ................................. USA-DE 100%
CIT China 6, Inc. ................................. USA-DE 100%
CIT China 7, Inc. ................................. USA-DE 100%
CIT China 8, Inc. ................................. USA-DE 100%
CIT China 9, Inc. ................................. USA-DE 100%
CIT China 10, Inc. ................................ USA-DE 100%
CIT China 11, Inc. ................................ USA-DE 100%
CIT China 12, Inc. ................................ USA-DE 100%
CIT China 13, Inc. ................................ USA-DE 100%
CIT Commercial Services-Pan Pacific, Ltd. ......... USA-DE 100%
CIT Communications Finance Corporation ............ USA-DE 100%
CIT Destin White Sands Aircraft Leasing, Inc. ..... USA-DE 100%
CIT Financial Ltd. of Puerto Rico ................. USA-DE 100%
CIT Financial USA, Inc. ........................... USA-DE 100%
CIT Funds LLC ..................................... USA-DE 100%
CIT Group Inc. (NJ) ............................... USA-NJ 100%
CIT Group Inc. .................................... USA-DE 100%
CIT Group SF Holding Co., Inc. .................... USA-DE 100%
CIT Holdings, LLC ................................. USA-DE 100%
CIT GROUP INC.
Subsidiaries as of December 31, 2003
(Continued)
Jurisdiction
of Ownership
Incorporation Percentage
------------- ----------
CIT Lending Services Corporation .................. USA-DE 100%
CIT Lending Services Corporation (Illinois) ....... USA-DE 100%
CIT Lodi LLC ...................................... USA-DE 100%
CIT Millbury Inc. ................................. USA-DE 100%
CIT Peakers LLC ................................... USA-DE 100%
CIT Project Finance Manager, L.L.C. ............... USA-DE 100%
CIT Small Business Lending Corporation ............ USA-DE 100%
CIT Technologies Corporation ...................... USA-MI 100%
CIT Technology Financing Services, Inc. ........... USA-MA 100%
CMS Funding Company LLC ........................... USA-DE 100%
Crystech, LLC (50%) ............................... USA-DE 50%
Dell Credit Company LLC (50%) ..................... USA-DE 50%
EDCO Insurance Services, Inc. ..................... USA-DE 100%
Equipment Acceptance Corporation .................. USA-DE 100%
Equipment Dealers Credit Company LLC .............. USA-DE 100%
Equipment Protection Insurance Center, Inc. ....... USA-DE 100%
FH Transaction Corp. .............................. USA-DE 100%
Flex Asset Management Corporation ................. USA-DE 100%
Flex Holdings, LLC ................................ USA-DE 100%
Flex Leasing Corporation .......................... USA-DE 100%
Flex Leasing I, LLC ............................... USA-DE 100%
Flex Leasing II, LLC .............................. USA-DE 100%
Flex Mexico Corp. ................................. USA-DE 100%
Franchise Portfolio 1, Inc. ....................... USA-DE 100%
Franchise Portfolio 2, Inc. ....................... USA-DE 100%
GFSC Aircraft Acquisition Financing Corporation ... USA-DE 100%
Graybar Financial Services, LLC (75%) ............. USA-DE 75%
Hudson Shipping Co., Inc. ......................... USA-DE 100%
IMAC OT ........................................... USA-DE 100%
ISUZU LT .......................................... USA-DE 100%
Interlab Holding Corp. ............................ USA-DE 100%
JAM Funding Corp. ................................. USA-DE 100%
JCB Finance LLC (50%) ............................. USA-DE 50%
Memphis Peaking Power LLC ......................... USA-DE 100%
Midwest Property Holdings, LLC (56.87%) ........... USA-DE 56.87%
Millennium Leasing Company I LLC .................. USA-DE 100%
Millennium Leasing Company II LLC ................. USA-DE 100%
Montana OL1 LLC ................................... USA-DE 100%
Montana OP1 LLC ................................... USA-DE 100%
Montana OPCM1A LLC ................................ USA-DE 100%
Montana OPCM1B LLC ................................ USA-DE 100%
MultiGen LLC ...................................... USA-DE 100%
Namekeepers LLC ................................... USA-DE 100%
NCT Capital Inc. .................................. USA-DE 100%
NCT Funding Company, L.L.C. ....................... USA-DE 100%
NCT Receivables LLC ............................... USA-DE 100%
New Creditcorp. SPC LLC (50%) ..................... USA-DE 50%
Newcourt Capital USA Inc. ......................... USA-DE 100%
Newcourt Common Holdings LLC ...................... USA-DE 100%
Newcourt Credit Group USA Inc. .................... USA-DE 100%
Newcourt DCC Inc. ................................. USA-DE 100%
Newcourt DFS Inc. ................................. USA-DE 100%
CIT GROUP INC.
Subsidiaries as of December 31, 2003
(Continued)
Jurisdiction
of Ownership
Incorporation Percentage
------------- ----------
Newcourt Equipment Receivables Corp. .............. USA-DE 100%
Newcourt Receivables Corporation II ............... USA-DE 100%
Nobrega Gas Storage LLC ........................... USA-DE 100%
North American Exchange, Inc. ..................... USA-DE 100%
North Romeo Storage Corporation ................... USA-DE 100%
Owner-Operator Finance Company .................... USA-DE 100%
Pasadena Owner Participant LP ..................... USA-DE 100%
Picker Financial Group, L.L.C. (50%) .............. USA-DE 50%
RockGen OL-1 LLC .................................. USA-DE 100%
RockGen OL-2 LLC .................................. USA-DE 100%
RockGen OL-3 LLC .................................. USA-DE 100%
RockGen OL-4 LLC .................................. USA-DE 100%
Ross Shipping Co., Inc. ........................... USA-DE 100%
SBR OP-1, LLC ..................................... USA-DE 100%
SBR OP-2 LLC ...................................... USA-DE 100%
SBR OP-3, LLC ..................................... USA-DE 100%
SBR OP-4 LLC ...................................... USA-DE 100%
Snap-On Credit LLC (50%) .......................... USA-DE 50%
South Point OL-1 LLC .............................. USA-DE 100%
South Point OL-2 LLC .............................. USA-DE 100%
South Point OL-3 LLC .............................. USA-DE 100%
South Point OL-4 LLC .............................. USA-DE 100%
SW Holding Corp. .................................. USA-DE 100%
TCC Attala OL LLC ................................. USA-DE 100%
TCC Attala OP LLC ................................. USA-DE 100%
The CIT GP Corporation ............................ USA-DE 100%
The CIT GP Corporation II ......................... USA-DE 100%
The CIT GP Corporation III ........................ USA-DE 100%
The CIT GP Corporation V .......................... USA-DE 100%
The CIT Group/BC Securities Investment, Inc. ...... USA-NJ 100%
The CIT Group/BCC, Inc. (Ill.) .................... USA-DE 100%
The CIT Group/Business Credit, Inc. ............... USA-NY 100%
The CIT Group/Capital Finance, Inc. ............... USA-DE 100%
The CIT Group/Capital Transportation, Inc. ........ USA-DE 100%
The CIT Group/CmS Securities Investment, Inc. ..... USA-NJ 100%
The CIT Group/Commercial Services, Inc. ........... USA-NY 100%
The CIT Group/Commercial Services, Inc. (Ill.) .... USA-DE 100%
The CIT Group/Commercial Services, Inc. (NC) ...... USA-NC 100%
The CIT Group/Commercial Services, Inc. (Va.) ..... USA-DE 100%
The CIT Group/Consumer Finance, Inc. .............. USA-DE 100%
The CIT Group/Consumer Finance, Inc. (NY) ......... USA-NY 100%
The CIT Group/Consumer Finance, Inc. (TN) ......... USA-DE 100%
The CIT Group/Corporate Aviation, Inc. ............ USA-DE 100%
The CIT Group/Equipment Financing, Inc. ........... USA-DE 100%
The CIT Group/Equity Investments, Inc. ............ USA-NJ 100%
The CIT Group/Factoring One, Inc. ................. USA-NY 100%
The CIT Group/FM Securities Investment, Inc. ...... USA-NJ 100%
The CIT Group/LsC Securities Investment, Inc. ..... USA-NJ 100%
The CIT Group/Sales Financing, Inc. ............... USA-DE 100%
The CIT Group/Securities Investment, Inc. ......... USA-DE 100%
The CIT Group/Venture Capital, Inc. ............... USA-NJ 100%
The CIT Group Foundation, Inc. .................... USA-NY 100%
CIT GROUP INC.
Subsidiaries as of December 31, 2003
(Continued)
Jurisdiction
of Ownership
Incorporation Percentage
------------- ----------
The CIT Group Securitization Corporation .......... USA-DE 100%
The CIT Group Securitization Corporation II ....... USA-DE 100%
The CIT Group Securitization Corporation III ...... USA-DE 100%
The CIT Group Securitization Corporation IV ....... USA-DE 100%
The Equipment Insurance Company ................... USA-VT 100%
Thermo Capital Company LLC (50%) .................. USA-DE 50%
Waste to Energy II LLC (50%) ...................... USA-DE 50%
WBH Generating Company, LLC ....................... USA-DE 100%
Western Star Finance Inc. ......................... USA-DE 100%
2705 Parkhill Drive Limited Partnership ........... Canada 100%
1020675 Ontario Inc. .............................. Canada 100%
1143986 Ontario Limited ........................... Canada 100%
1145820 Ontario Limited ........................... Canada 100%
1243029 Ontario Inc. .............................. Canada 100%
1244771 Ontario Limited ........................... Canada 100%
1244773 Ontario Limited ........................... Canada 100%
1309673 Ontario Inc. .............................. Canada 100%
3026192 Nova Scotia Company ....................... Canada 100%
3918041 Canada Inc. ............................... Canada 100%
544211 Alberta Ltd. ............................... Canada 100%
555565 Alberta Ltd. ............................... Canada 100%
555566 Alberta Ltd. ............................... Canada 100%
991102 Alberta Ltd. ............................... Canada 100%
991122 Alberta Ltd. ............................... Canada 100%
Agilent Financial Services Ltd/
Services Financiers Agilent Ltee ............... Canada 100%
APS Land Developments Inc. ........................ Canada 100%
Bank of Montreal Finance Ltd. (49.99%) ............ Canada 49.99%
Canadian Income Partners I Limited Partnership .... Canada 100%
Canadian Income Partners II Limited Partnership ... Canada 100%
Canadian Income Partners III Limited Partnership .. Canada 100%
Capital Partners Fund I ........................... Canada 100%
CCG International Finance Corporation ............. Canada 100%
CCG Limited ....................................... Canada 100%
CCG Partners I Limited Partnership ................ Canada 100%
CIT Business Credit Canada Inc. (50%) ............. Canada 50%
CIT Credit Group (Alberta) Inc. ................... Canada 100%
CIT Financial Ltd. ................................ Canada 100%
CIT Group Funding Company of Canada ............... Canada 100%
CIT Group Securities (Canada) Inc. ................ Canada 100%
CIT Exchangeco Inc. ............................... Canada 100%
Dell Financial Services Canada Limited ............ Canada 100%
Equipment Dealers Credit Canada Inc. .............. Canada 100%
GATX Asset Residual Management
Canada Limited (50%) ............................ Canada 50%
Groupe Financier Laplante (1997) Inc. (50%) ....... Canada 50%
Image Financial Services Inc. (50%) ............... Canada 50%
Iroquois Limited .................................. Canada 100%
MCC International Finance Corporation ............. Canada 100%
MCC Limited ....................................... Canada 100%
MGM International Finance Corporation ............. Canada 100%
Newcourt Nationalease Inc. ........................ Canada 100%
Professional Capital Inc. ......................... Canada 100%
Wajax Finance, Ltd. ............................... Canada 100%
CIT GROUP INC.
Subsidiaries as of December 31, 2003
(Continued)
Jurisdiction
of Ownership
Incorporation Percentage
------------- ----------
Adams Capital Limited ............................. Barbados 100%
Barrow Capital Limited ............................ Barbados 100%
C.I.T. Foreign Sales Corporation One, Ltd. ........ Barbados 100%
CCG Capital Limited ............................... Barbados 100%
CCG Trust Corporation ............................. Barbados 100%
CICL Caribbean International Capital Limited ...... Barbados 100%
CIEL Caribbean International Equipment Ltd. ....... Barbados 100%
CIT Holdings (Barbados) SRL ....................... Barbados 100%
CMG Capital Limited ............................... Barbados 100%
Cummins Capital Limited ........................... Barbados 100%
Durham Capital Limited ............................ Barbados 100%
Erie Capital Limited .............................. Barbados 100%
Essex Capital Limited ............................. Barbados 100%
Frontenac Capital Limited ......................... Barbados 100%
Grey Capital Limited .............................. Barbados 100%
Haliburton Capital Limited ........................ Barbados 100%
Highlands Insurance Company Limited ............... Barbados 100%
Ironbridge Capital Limited ........................ Barbados 100%
Iroquois Capital Limited .......................... Barbados 100%
Joly Capital Limited .............................. Barbados 100%
Kanata Capital Limited ............................ Barbados 100%
MCC Capital Limited ............................... Barbados 100%
Wellington Capital Corporation .................... Barbados 100%
Worrell Capital Limited ........................... Barbados 100%
Asset Finance (Bermuda) Limited ................... Bermuda 100%
Bunga Bebaru, Ltd. ................................ Bermuda 100%
CIT FSC Eight, Ltd. ............................... Bermuda 100%
CIT FSC Eighteen, Ltd. ............................ Bermuda 100%
CIT FSC Eleven, Ltd. .............................. Bermuda 100%
CIT FSC Fifteen, Ltd. ............................. Bermuda 100%
CIT FSC Five, Ltd. ................................ Bermuda 100%
CIT FSC Four, Ltd. ................................ Bermuda 100%
CIT FSC Fourteen, Ltd. ............................ Bermuda 100%
CIT FSC Nine, Ltd. ................................ Bermuda 100%
CIT FSC Nineteen, Ltd. ............................ Bermuda 100%
CIT FSC Seven, Ltd. ............................... Bermuda 100%
CIT FSC Six, Ltd. ................................. Bermuda 100%
CIT FSC Sixteen, Ltd. ............................. Bermuda 100%
CIT FSC Ten, Ltd. ................................. Bermuda 100%
CIT FSC Thirty, Ltd. .............................. Bermuda 100%
CIT FSC Three,Ltd ................................. Bermuda 100%
CIT FSC Twelve, Ltd. .............................. Bermuda 100%
CIT FSC Twenty, Ltd. .............................. Bermuda 100%
CIT FSC Twenty-Eight, Ltd. ........................ Bermuda 100%
CIT FSC Twenty-Five, Ltd. ......................... Bermuda 100%
CIT FSC Twenty-Four, Ltd. ......................... Bermuda 100%
CIT FSC Twenty-Nine, Ltd. ......................... Bermuda 100%
CIT FSC Twenty-One, Ltd. .......................... Bermuda 100%
CIT FSC Twenty-Seven, Ltd. ........................ Bermuda 100%
CIT GROUP INC.
Subsidiaries as of December 31, 2003
(Continued)
Jurisdiction
of Ownership
Incorporation Percentage
------------- ----------
CIT FSC Twenty-Six, Ltd. .......................... Bermuda 100%
CIT FSC Twenty-Three, Ltd. ........................ Bermuda 100%
CIT FSC Twenty-Two, Ltd. .......................... Bermuda 100%
CIT FSC Two, Ltd. ................................. Bermuda 100%
CIT Leasing (Bermuda), Ltd. ....................... Bermuda 100%
CIT Cayman Blue Lagoon Leasing, Ltd. .............. Cayman Islands 100%
CIT Cayman Coconut Palm Leasing, Ltd. ............. Cayman Islands 100%
CIT Cayman Sandy Keys Leasing, Ltd. ............... Cayman Islands 100%
The Capita Corporation De Argentina S.A. .......... Argentina 100%
CIT Brasil Arrendamento Mercantil S/A ............. Brazil 100%
The Capita Corporation do Brasil Ltda ............. Brazil 100%
CIT Leasing Chile Limitada ........................ Chile 100%
CIT Capita Colombia S.A. .......................... Colombia 100%
CIT Global Vendor Services S.A. ................... Colombia 100%
Arrendadora Capita Corporation S.A. de C.V. ...... Mexico 100%
Capita Servicios S.A. de C.V. ..................... Mexico 100%
The Capita Corporation de Mexico, S.A. De C.V. .... Mexico 100%
CCG Ireland ....................................... Ireland 100%
CIT Brisk Winds Aircraft Leasing, Limited ......... Ireland 100%
CIT Emerald Isle Leasing, Limited ................. Ireland 100%
CIT Finance No.1 (Ireland) Limited ................ Ireland 100%
CIT Finance No.2 (Ireland) Limited ................ Ireland 100%
CIT Group Finance (Ireland) ....................... Ireland 100%
CIT Group Financial (Ireland) Limited ............. Ireland 100%
CIT Holdings (Ireland) Limited .................... Ireland 100%
CIT Holdings (No.2) Ireland ....................... Ireland 100%
CIT Ireland Leasing Limited ....................... Ireland 100%
CIT Group (Austria) GmbH .......................... Austria 100%
CIT Group (Belgium) NV ............................ Belgium 100%
CIT Group Finance (France) SNC .................... France 100%
CIT Group Holdings (France) SA .................... France 100%
CIT Group Location (France) SAS ................... France 100%
CIT Group Beteiligungs (Germany) AG ............... Germany 100%
CIT Group Germany AG & Co. OHG .................... Germany 100%
CIT Group (Germany) GmbH .......................... Germany 100%
Newcourt Holding Germany GmbH ..................... Germany 100%
CIT Group (Hungary) Financial Servicing
Limited Liability Company ....................... Hungary 100%
CIT Group Italy SpA ............................... Italy 100%
CIT GROUP INC.
Subsidiaries as of December 31, 2003
(Continued)
Jurisdiction
of Ownership
Incorporation Percentage
------------- ----------
Chessman S.a.r.l .................................. Luxembourg 100%
CIT Luxembourg Cobblestone Leasing, SARL .......... Luxembourg 100%
CIT Holdings B.V .................................. Netherlands 100%
CIT Group Holdings B.V ............................ Netherlands 100%
CIT Group (Nederland) B.V ......................... Netherlands 100%
Newcourt Financial Polska Sp. Zo o ................ Poland 100%
Newcourt Financial CIS, LLC ....................... Russia 100%
Newcourt Financial Espana S.A. .................... Spain 100%
CIT AB ............................................ Sweden 100%
CIT Group (Switzerland) AG ........................ Switzerland 100%
Agilent Financial Services Limited ................ United Kingdom 100%
Business Technology Finance Limited ............... United Kingdom 100%
CIT Group Capital Finance (UK) Limited ........... United Kingdom 100%
CIT Group Holdings (UK) Limited ................... United Kingdom 100%
CIT Group (NFL) Limited ........................... United Kingdom 100%
CIT Group Securities (UK) Limited ................. United Kingdom 100%
CIT Group Structured Finance (UK) Limited ......... United Kingdom 100%
CIT Group (UK) Property Limited ................... United Kingdom 100%
CIT (UK) Funding Public Limited Company ........... United Kingdom 100%
CIT Group (UK) Limited ............................ United Kingdom 100%
CIT Group (UK) Services Limited ................... United Kingdom 100%
CIT Group (UK) Vendor Services Limited ............ United Kingdom 100%
Danka Equipment Rentals Limited ................... United Kingdom 100%
ERF Finance Limited ............................... United Kingdom 100%
ERF Leasing Limited ............................... United Kingdom 100%
Gardner Merchant Rentals Limited .................. United Kingdom 100%
Hamilton Leasing Limited .......................... United Kingdom 100%
Newcourt Transportation Finance of Canada Ltd ..... United Kingdom 100%
Sharp Rentals Limited ............................. United Kingdom 100%
Torontosudden Limited ............................. United Kingdom 100%
CIT Aerospace (Australia) Pty Ltd ................. Australia 100%
CIT Credit Pty Limited ............................ Australia 100%
CIT Funding Pty Limited ........................... Australia 100%
CIT Group (Australia) Limited ..................... Australia 100%
Computer Associates Financial Services Pty Lrd .... Australia 100%
Dell Financial Services (Australia) Pty Ltd ....... Australia 100%
Hunter Leasing Limited ............................ Australia 100%
Newcourt Financial (Australia) Pty Ltd. ........... Australia 100%
Western Star Finance (Australia) Pty Ltd. ......... Australia 100%
Newcourt Leasing Corporation (55%) ................ Republic of China 55%
CIT Financial (Hong Kong) Limited ................. Hong Kong 100%
The CIT Group/Commercial Services
(Asia), Limited ................................. Hong Kong 100%
CIT GROUP INC.
Subsidiaries as of December 31, 2003
(Continued)
Jurisdiction
of Ownership
Incorporation Percentage
------------- ----------
CIT Malaysia One, Inc. ............................ Malaysia 100%
Newcourt Group (Malaysia) Sdn Bhd ................. Malaysia 100%
CIT Group (New Zealand) Limited ................... New Zealand 100%
Dell Financial Services (New Zealand) Ltd ......... New Zealand 100%
YNZF Limited ...................................... New Zealand 100%
Newcourt Financial (Singapore) Pte Ltd ............ Singapore 100%
CIT Financial (Korea) Ltd. ........................ South Korea 100%
CIT Group (Taiwan) Limited ........................ Taiwan 100%