BT 2014 Annual Report Download - page 184

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181
Financial statements
Financial statements
Subsidiary undertakings
The table below gives brief details of the group’s principala operating subsidiariesb at 31 March 2014. All subsidiaries are unlisted and held through
an intermediate holding company, unless otherwise stated. No subsidiaries are excluded from the group consolidation. The group did not have any
signicant associates or joint ventures at 31 March 2014.
Subsidiary undertakings Activity
Group interest
in allotted capitalc
Country
of operationd
British Telecommunications plc Communications related services and products provider 100% ordinary UK
BT Americas Incd Communications related services, systems integration and
products provider
100% common International
BT Australasia Pty Limited Communications related services and products provider 100% ordinary
100% preference
Australia
BT Business Direct Limited Technology equipment retailer 100% ordinary UK
BT Communications do Brasil Limitadab Communications related services, technology consulting
and products provider
100% common Brail
BT Communications Ireland Limited Telecommunications services provider 100% ordinary Republic of Ireland
BT Conferencing Inc Audio, video and web collaboration services provider 100% common US
BT Conferencing Video Inc Audio, video and web collaboration services provider 100% common US
BT Convergent Solutions Limited Communications related services and products provider 100% ordinary UK
BT Engage IT Limited IT solutions provider 100% ordinary UK
BT ESPANA, Compania de Servicios Globales
de Telecommunicaciones, SA
Communications related services and products provider 100% ordinary Spain
BT Fleet Limited Fleet management company 100% ordinary UK
BT France SA Communications related services, systems integration and
products provider
100% ordinary France
BT (Germany) GmbH & Co. oHG Communications related services and products provider 100% ordinary Germany
BT Global Communications India Private
Limited
Communications related services 74% ordinary India
BT Global Services Limited International telecommunications network systems provider 100% ordinary UK
BT Holdings Limited Investment holding company 100% ordinary UK
BT Hong Kong Limited Communications related services and products provider 100% ordinary
100% preference
Hong Kong
BT Italia SpA Communications related services and products provider 98.6% ordinary Italy
BT LatAm Brasil LtdabData communication services 100% common Brail
BT Limited International telecommunications network systems provider 100% ordinary International
BT Managed Services Limited Communications related services and products provider 100% ordinary UK
BT Nederland NV Communications related services and products provider 100% ordinary Netherlands
BT Payment Services Limited Payment services provider 100% ordinary UK
BT Services SA Technology consulting and engineering services 100% ordinary France
BT Singapore Pte Ltd Communications related services and products provider 100% ordinary Singapore
BT Switerland AG Communications related services and products provider 100% ordinary Switerland
Communications Global Network Services
LimiteddCommunications related services and products provider 100% ordinary International
Communications Networking Services (UK) Communications related services and products provider 100% ordinary UK
dabs.com plc Technology equipment retailer 100% ordinary UK
Infonet Services Corporation Global managed network service provider 100% common US
Plusnet plc Broadband service provider 100% ordinary UK
Radian Americas Inc Global managed network service provider 100% common
100% preference
US
a The group comprises a large number of entities and it is not practical to include all of them in this list. The list therefore includes only those entities that have a signiƬcant impact on the revenue,
proƬt or assets of the group. A full list of subsidiaries, joint ventures and associates will be annexed to the companyos next annual return Ƭled with the Registrar of Companies.
b The principal operating subsidiaries (listed above) have a reporting date of 31{March, except for entities domiciled in Brazil, due to regulatory reTuirements.
c The proportion of voting rights held corresponds to the aggregate interest percentage held by the holding company and subsidiary undertakings.
d All overseas undertakings are incorporated in their country of operations. Subsidiary undertakings operating internationally are all incorporated in England and Wales, except BT Americas Inc
and Communications Global Network Services /imited which are incorporated in the 8S and Bermuda, respectively.