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© Rolls-Royce plc 2007

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Annual report and accounts 2006

Principal joint ventures

Rolls-Royce Logo
Incorporated within the UK – indirectly held
  Class % of class
held
% of total
equity held
Civil aerospace      
Alpha Partners Leasing Limited A Ordinary 100 50
Engine leasing B Ordinary —
TRT Limited A Ordinary — 49.5
Turbine blade repair services B Ordinary 100
Turbine Surface Technologies Limited A Ordinary — 50
Turbine surface coatings B Ordinary 100
Defence aerospace      
Airtanker Holdings Limited Ordinary 20 20
Strategic tanker aircraft PFI project    
Rolls-Royce Snecma Limited (UK & France) A Shares — 50
Engine collaboration B Shares 100
Rolls-Royce Turbomeca Limited (UK & France) A Shares — 50
Adour and RTM322 engines collaboration B Shares 100
Turbo-Union Limited (UK, Germany & Italy) Ordinary 40 40
RB199 engine collaboration A Shares 37.5
Energy      
Genistics Holdings Limited A Ordinary 100 50
Trailer mounted field mobile generator sets B Ordinary —
Rolls Wood Group (Repair and Overhauls) Limited A Ordinary 100 50
Repair and overhaul B Ordinary —
Incorporated overseas – indirectly held
    Class % of class
held
% of total
equity held
The countries of principal operations are stated in brackets after the name of the company, if not the country of incorporation.
Civil aerospace
China
Xian XR Aero Components Co Limited
Manufacturing facility for aero-engine parts
Ordinary
49
49
Germany
N3 Engine Overhaul Services Verwaltungsgesellschaft mbh
Repair and overhaul
Ordinary
50
50
Hong Kong
Hong Kong Aero Engine Services Limited
Repair and overhaul
Ordinary
45
45
Israel
TechJet Aerofoils Limited
Manufacture of compressor aerofoils
A Ordinary
B Ordinary
50
50
50
Saudi Arabia
Middle East Propulsion Company Limited
Repair and overhaul
Ordinary
16.7
16.7
Singapore
International Engine Component Overhaul Pte Limited
Repair and overhaul
Ordinary
50
50
Singapore
Singapore Aero Engine Services Private Limited (effective interest 39%)
Repair and overhaul
Ordinary
30
30
Spain
Industria de Turbo Propulsores SA
Manufacture and maintenance of aero engines
Ordinary
46.9
46.9
Switzerland IAE International Aero Engines AG (UK, Germany, Japan & US)
V2500 engine collaboration

A Shares
B Shares
C Shares
D Shares
100
—
—
—
32.5
US
Alpha Leasing (US) LLC, Alpha Leasing (US) (No. 2) LLC, Alpha Leasing (US) (No. 4) LLC
Engine leasing
Partnerships
50
—
US
Rolls-Royce & Partners Finance (US) LLC
Engine leasing
Partnership
50
—
US
Texas Aero Engine Services, LLC
Repair and overhaul
Partnership
50
—
US
Williams-Rolls Inc. (UK & North America)
Small engine collaboration
Common
15
15
Defence aerospace
Germany
EPI Europrop International GmbH (effective interest 35.5%)
A400M engine collaboration
Ordinary
28
28
Germany
EUROJET Turbo GmbH (UK, Germany, Italy & Spain) (effective interest 39%)
EJ200 engine collaboration
Ordinary
33
33
Germany
MTU, Turbomeca, Rolls-Royce GmbH (UK, France & Germany)
MTR390 engine collaboration
Ordinary
33.3
33.3
US
GE Rolls-Royce Fighter Engine Team LLC
F136 development engine for the Joint Strike Fighter (JSF) Programme
Partnership
40
40
Corporate
US
Exostar LLC
Business to business internet exchange
Partnership
17.6
—
Unincorporated overseas – held by subsidiary undertakings
Defence aerospace
US
Light Helicopter Turbine Engine Company (LHTEC)
Rolls-Royce Corporation has a 50% interest in this unincorporated partnership which was formed to develop and market jointly the T800 engine

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