Finance
Last updated:Ìý8 july, 2009 - 12:00 GMT
6. Investments
| Â鶹Éç World Service holds the following interests in companies, at cost: |
Holding of issued ordinary shares % |
|---|---|
| Subsidiaries | |
|
Â鶹Éç Croatia d.o.o. (incorporated in Croatia) |
100 |
|
Â鶹Éç do Brasil Limitada (incorporated in Brazil) |
100 |
|
Â鶹Éç East Asia Relay Company Limited (incorporated in Hong Kong) |
100 |
|
Â鶹Éç Kiev LLC (incorporated in Ukraine) |
100 |
|
Â鶹Éç Morocco SA (incorporated in Morocco) |
100 |
|
Â鶹Éç Pakistan Private Limited (incorporated in Pakistan) |
100 |
|
Â鶹Éç R (incorporated in Russia) |
100 |
|
Â鶹Éç Radiocom (Bulgaria) EOOD (incorporated in Bulgaria) |
100 |
|
Â鶹Éç Radiocom (Praha) s.r.o. (incorporated in the Czech Republic) |
100 |
|
Â鶹Éç Radiocom (Romania) SRL (incorporated in Romania) |
100 |
|
Â鶹Éç Radiocom Deutschland GmbH (incorporated in Germany) |
100 |
|
Â鶹Éç Ukraine LLC (incorporated in Ukraine) |
100 |
|
Â鶹Éç World Service Hong Kong Limited (incorporated in Hong Kong) |
100 |
|
Â鶹Éç World Service India Private Limited (incorporated in India) |
100 |
| Â鶹Éç World Service Trust * | |
| Ìý | Ìý |
| Associates | |
|
Aerial Radio Musorszoro KFT (incorporated in Hungary) |
50 |
|
Multimedia Ventures Limited (incorporated in Great Britain) |
50 |
| * The Â鶹Éç World Service Trust is a charitable company limited by guarantee, of which the Â鶹Éç is the sole member. | |
Although Â鶹Éç World Service is technically the parent of the Â鶹Éç World Service Trust, it is exempt from consolidation. This is because the trustees have a fiduciary duty to act in the best interests of the beneficiaries and as substantially all of the income is made up of grants, which are classified as restricted funds because their use is specified by donors, Â鶹Éç World Service has no direct control over, or financial interest in, the assets.
The results and balances of the other companies listed above are presented in the consolidated financial statements and the notes to these financial statements.
Annual review 2008/09
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