Ryanair 2006 Annual Report Download - page 68

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26 SUBSIDIARY UNDERTAKINGS AND RELATED PARTY TRANSACTIONS
The following are the principal subsidiary undertakings of Ryanair Holdings plc:
Effective date of
Name acquisition/incorporation Registered Office Nature of Business
Ryanair Limited August 23, 1996 Corporate Headquarters Airline operator
Dublin Airport
Co Dublin
Darley Investments Limited* August 23, 1996 Corporate Headquarters Investment
Dublin Airport holding company
Co Dublin
Ryanair.com Limited * August 23, 1996 Corporate Headquarters International data processing
Dublin Airport services
Co Dublin
*These subsidiaries are wholly owned by Ryanair Limited which is, in turn, owned by Ryanair Holdings plc.
All of the above subsidiaries are 100% owned by the group. The shares owned by the group comprise one class (ordinary shares) in
respect of each subsidiary.
Information regarding all other subsidiaries will be filed with the company’s next annual return as provided for by S.16(3)(a) of the
Companies (Amendment) Act, 1986.
In accordance with the basis of consolidation policy in the statement of accounting policies, the subsidiary undertakings referred to
above have been consolidated in the financial statements of Ryanair Holdings plc for the years ended March 31, 2006 and March 31,
2005.
All transactions between the parent entity and subsidiary undertakings have been given in notes 6, 12, 13 and 23.
The total amount of remuneration paid to senior key management (defined as the executive team reporting to the Board) in the
group amounted to 3.1m in the year (2005: 2.6m) the majority of which comprises short term employee benefits. The amounts
paid to key employees of the company are set out in full in note 19.
(Continued)
Notes
68
ANNUAL REPORT & FINANCIAL STATEMENTS 2006