Experian 2009 Annual Report Download - page 148
Download and view the complete annual report
Please find page 148 of the 2009 Experian annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138 -
139 -
140 -
141 -
142 -
143 -
144 -
145 -
146 -
147 -
148 -
149 -
150 -
151 -
152
 |
 |
146 Experian Annual Report 2009
N. Commitments
(i) Capital commitments
There are no signicant capital commitments relating to the Company.
(ii) Operating lease commitments
The Company has an annual commitment of £0.3m (2008: £0.3m) in respect of a property lease and this commitment expires in
more than ve years.
O. Contingencies
The Company has guaranteed borrowings of subsidiary undertakings, which at 31 March 2009 amounted to £1,036m.
At 31 March 2009 and 31 March 2008, the Company was the guarantor for the retirement benet obligations of the Group
companies that participate in the Experian Pension Scheme. During the year ended 31 March 2009, the Company entered
into a guarantee in respect of the retirement benet obligations of a Group company that participates in the Pension and
Life Assurance Plan of Sanderson Systems Limited, a small dened benet pension arrangement.
P. Share options and awards
Details of options and awards in respect of the ordinary shares of the Company which are outstanding at the balance sheet
date are given in note 27 to the Group nancial statements together with a summary of the total cost of share-based
compensation in respect of such plans. These include options and awards outstanding and the cost of share-based
compensation in respect of employees of the Company but these are not separately disclosed within the Company’s nancial
statements as the amounts involved are not material. Details of options and awards granted to directors of the Company are
contained in the report on directors’ remuneration.
Q. Signicant subsidiary and associate undertakings
The Company’s signicant subsidiary and associate undertakings at 31 March 2009, all of which are included in the Group
nancial statements, are listed below:
Percentage
Country of of ordinary
incorporation shares held
Experian Finance plc England and Wales 100%
Experian Holdings Limited England and Wales 100%
Experian Limited England and Wales 100%
Experian Integrated Marketing Limited England and Wales 100%
QAS Limited England and Wales 100%
Experian Holdings Ireland Limited Ireland 100%
Experian Ireland Investments Limited Ireland 100%
Hitwise Pty Ltd Australia 100%
Serasa SA Brazil 70%
Experian A/S Denmark 100%
Experian AS Norway 100%
Experian Holdings, Inc. USA 100%
ConsumerInfo.com Inc. USA 100%
PriceGrabber.com, Inc. USA 100%
LowerMyBills, Inc. USA 100%
Experian Information Solutions Inc. USA 100%
Experian Services Corporation USA 100%
Experian Marketing Solutions Inc. USA 100%
Associate
First American Real Estate Solutions LLC USA 20%
Except for Experian Holdings Ireland Limited and Experian Ireland Investments Limited, none of the above undertakings is
directly held by Experian plc.
Notes to the parent company nancial statements continued
Financial statements