Vodafone 2004 Annual Report Download - page 114

Download and view the complete annual report

Please find page 114 of the 2004 Vodafone 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.

Page out of 142

  • 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

Vodafone Group Plc Annual Report 2004
112
Notes to the Consolidated Financial Statements continued
Principal associated undertakings
The Company’s principal associated undertakings all have share capital consisting solely of ordinary shares, unless otherwise stated, and are all indirectly held.
The country of incorporation or registration of all associated undertakings is also their principal place of operation.
Percentage(1)
shareholding/ Latest Country of
partnership Par value of financial incorporation
Name Principal activity interest issued equity accounts or registration
Belgacom Mobile S.A. Mobile network operator 25.0 a70.0m 31.12.03(2) Belgium
Cellco Partnership(3) Mobile network operator 45.0 – 31.12.03(2) USA
Mobifon S.A. Mobile network operator 20.1 ROL 712,923m 31.12.03(2) Romania
Polkomtel S.A. Mobile network operator 19.6 PLN 2,050m 31.12.03(2) Poland
Safaricom Limited(4) Mobile network operator 35.0 1,020 Kshs 31.03.04 Kenya
Société Française du Mobile network operator and
Radiotéléphone S.A. telecommunications company 43.9 a1,348m 31.12.03(2) France
Swisscom Mobile A.G. Mobile network operator 25.0 CHF100m 31.12.03(2) Switzerland
Vodafone Fiji Limited Mobile network operator 49.0 F$ 6m 31.03.04 Fiji
Vodacom Group (Pty) Limited Holding company 35.0 ZAR 100 31.03.04 South Africa
Notes:
(1) Rounded to nearest tenth of one percent.
(2) Accounts are drawn up to 31 March 2004 for consolidation in the Group’s financial statements.
(3) Cellco Partnership trades under the name Verizon Wireless. The registered or principal office of the partnership is 180 Washington Valley Road, Bedminster, New Jersey 07921, USA.
(4) The Group also holds 2 non-voting shares.
Principal investments
The shareholding in the investment consists solely of ordinary shares and is indirectly held. The principal country of operation is the same as the country of
incorporation or registration.
Percentage Country of
Name Principal activity shareholding(1) registration
China Mobile (Hong Kong) Limited(2) Mobile network operator 3.3 China
Notes:
(1) Rounded to nearest tenth of one percent.
(2) Listed on the Hong Kong and New York stock exchanges and incorporated under the laws of Hong Kong.
34. Principal subsidiary undertakings, associated undertakings and investments continued