1
EXHIBIT 22
KAUFMAN AND BROAD HOME CORPORATION AND CONSOLIDATED SUBSIDIARIES
SUBSIDIARIES OF THE COMPANY
The following subsidiaries of the Company were included in the November 30,
1995 consolidated financial statements:
PERCENTAGE OF VOTING
SECURITIES OWNED BY THE
COMPANY OR A SUBSIDIARY
NAME OF COMPANY OF THE COMPANY
------------------------
Arizona Corporations
Kaufman and Broad of Arizona, Inc. .................. 100
Kaufman and Broad Home Sales of Arizona, Inc. ....... 100
California Corporations
Affordable Multi-Family, Inc. ....................... 100
BKJ Construction Company, Inc. ...................... 100
Cable Associates, Inc. .............................. 100
Custom Decor, Inc. .................................. 100
First Northern Builders Servicing, Inc. ............. 100
Fullerton Affordable Housing, Inc. .................. 100
KBASW Mortgage Acceptance Corporation................ 100
KBI/Mortgage Acceptance Corporation.................. 100
KBRAC IV Mortgage Acceptance Corporation............. 100
K&B Multi-Housing Advisors, Inc. .................... 100
KBMH Construction, Inc. ............................. 100
Kaufman and Broad -- Central Valley, Inc. ........... 100
Kaufman and Broad Coastal, Inc. ..................... 100
Kaufman and Broad Communities, Inc. ................. 100
Kaufman and Broad Development Group.................. 100
Kaufman and Broad Embarcadero, Inc. ................. 100
Kaufman and Broad of Fresno, Inc. ................... 100
Kaufman and Broad Home Sales, Inc. .................. 100
Kaufman and Broad Insurance Agency, Inc. ............ 100
Kaufman and Broad International, Inc. ............... 100
Kaufman and Broad Land Company....................... 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 Multi-Family, Inc. ................ 100
Kaufman and Broad Multi-Housing Advisors, Inc........ 100
Kaufman and Broad Multi-Housing Group, Inc........... 100
Kaufman and Broad of Northern California, Inc. ...... 100
Kaufman and Broad North Stockton, Inc. .............. 100
Kaufman and Broad Properties......................... 100
Kaufman and Broad of Sacramento, Inc. ............... 100
Kaufman and Broad of San Diego, Inc. ................ 100
Kaufman and Broad -- South Bay, Inc. ................ 100
2
PERCENTAGE OF VOTING
SECURITIES OWNED BY THE
COMPANY OR A SUBSIDIARY
NAME OF COMPANY OF THE COMPANY
------------------------
Kaufman and Broad of Southern California, Inc. ...... 100
Kaufman and Broad of Texas, Inc. .................... 100
Kaufman and Broad of Utah, Inc....................... 100
Kent Land Company.................................... 100
Kingsbay Escrow Company.............................. 100
Multi-Housing Investments, Inc. ..................... 100
Colorado Corporation
Kaufman and Broad of Colorado, Inc. ................. 100
Delaware Corporations
International Mortgage Acceptance Corporation........ 100
Kaufman and Broad Development Company................ 100
Kaufman and Broad Limited............................ 100
Illinois Corporations
Kaufman and Broad of Illinois, Inc. ................. 100
Kaufman and Broad Mortgage Company................... 100
Massachusetts Corporation
Kaufman and Broad Homes, Inc. ....................... 100
Michigan Corporation
Keywick, Inc. ....................................... 100
Minnesota Corporation
Kaufman and Broad Custom Homes, Inc.................. 100
Nevada Corporation
Kaufman and Broad of Nevada, Inc. ................... 100
New Mexico Corporations
Mesa Vista Homes, Inc. .............................. 100
Oppel Jenkins of Albuquerque, Inc. .................. 100
New York Corporation
Kaufman and Broad Homes of Long Island, Inc. ........ 100
Texas Corporations
Oppel Jenkins Development, Inc. ..................... 100
Oppel Jenkins of El Paso, Inc. ...................... 100
3
PERCENTAGE OF VOTING
SECURITIES OWNED BY THE
COMPANY OR A SUBSIDIARY
NAME OF COMPANY OF THE COMPANY
------------------------
Canadian Corporations
Davisville Investments Co., Ltd...................... 100
Heatherwoods Development Corporation ................ 100
Hillside Village Limited ............................ 100
Margreen Investments, Inc............................ 100
Meadowstream Development Limited .................... 100
Mississauga Management Ltd. ......................... 100
Victoria Wood Development Corporation, Inc.
(Milton) .......................................... 100
Victoria Wood Development Corporation, Inc.
(Ontario) ......................................... 100
Victoria Wood Development Corporation, Inc.
(Pickering) ....................................... 100
Victoria Wood Development Corporation, Inc. (York)... 100
Victoria Wood Limited ............................... 100
806628 Ontario, Inc.................................. 100
French Corporations
Bati Service Development S.A.R.L. ................... 100
Bati Service Promotion S.A. ......................... 100
GIE KB............................................... 100
Kaufman and Broad Developpement S.A. ................ 99.4
Kaufman and Broad France S.A......................... 100
Kaufman and Broad Investissements S.A.R.L............ 100
Kaufman and Broad Liberty S.A.R.L.................... 100
Kaufman and Broad Maisons Individuelles S.A.......... 99.94
Kaufman and Broad Rehabilitation S.A.R.L............. 99.94
Kaufman and Broad Renovation S.A..................... 99.4
Kaufman and Broad Residences S.A.R.L................. 100
Millet S.A........................................... 100
LMP Chancy S.A....................................... 100
German Corporation
Kaufman and Broad GmbH............................... 100
Mexican Corporations
Kaufman y Broad de Mexico............................ 100
Kaufman y Broad Asesoria Administrativa.............. 100
The following subsidiary of the Company was not consolidated in the
November 30, 1995 consolidated financial statements, but rather was carried on
the equity method of accounting:
Canadian Corporation
Barchester Investments Limited....................... 50