Barclays 2008 Annual Report Download - page 254

Notes to the accounts
For the year ended 31st December 2008
252 Barclays PLC Annual Report 2008 |Find out more at www.barclays.com/annualreport08
40 Investment in subsidiaries
The investment in Barclays Bank PLC is stated in the balance sheet of Barclays PLC at a cost of £15,340m (2007: £10,186m). The increase of £5,154m
(2007: £1,545m) during the year represents the cost of additional shares of £16m (2007: £111m), capital contributions of £4,362m (2007: £1,434m), and
a non-cash capital contribution of £776m.
The investment in Barclays Investments (Netherlands) N.V. was liquidated in September 2008. The investment was stated in the balance sheet of Barclays
PLC at a cost of £205m in 2007.
The investment in Odysseus Jersey (No. 1) Limited was liquidated in September 2008. The investment was stated in the balance sheet of Barclays PLC at a
cost of £0.1m in 2007.
41 Principal subsidiaries
Percentage
of equity
Country of registration capital held
or incorporation Company name Nature of business %
Botswana Barclays Bank of Botswana Limited Banking 74.9
Egypt Barclays Bank Egypt SAE Banking 100
England Barclays Bank PLC Banking, holding company 100*
England Barclays Mercantile Business Finance Limited Loans and advances including leases to customers 100*
England Barclays Global Investors UK Holdings Limited Holding company 95.5
England Barclays Global Investors Limited Investment management 95.5*
England Barclays Bank Trust Company Limited Banking, securities industries and trust services 100*
England Barclays Stockbrokers Limited Stockbroking 100*
England Barclays Capital Securities Limited Securities dealing 100*
England Barclays Global Investors Pensions Management Limited Investment management 95.5*
England FIRSTPLUS Financial Group PLC Secured loan provider 100
England Gerrard Investment Management Limited Investment management 100*
Ghana Barclays Bank of Ghana Limited Banking 100
Ireland Barclays Insurance (Dublin) Limited Insurance provider 100*
Ireland Barclays Assurance (Dublin) Limited Insurance provider 100*
Isle of Man Barclays Private Clients International Limited aBanking 100*
Japan Barclays Capital Japan Limited Securities dealing 100*
Jersey Barclays Private Bank & Trust Limited Banking, trust company 100*
Kenya Barclays Bank of Kenya Limited Banking 68.5
Russia Barclays Bank LLC Banking 100*
South Africa Absa Group Limited Banking 58.6
Spain Barclays Bank SA Banking 99.7
Switzerland Barclays Bank (Suisse) S.A. Banking and trust services 100
USA Barclays Capital Inc. Securities dealing 100*
USA Barclays Financial Corporation Holding company for US credit card issuer 100*
USA Barclays Global Investors, National Association Investment management and securities industry 95.5*
USA Barclays Group USA Inc. Holding company 100
Zimbabwe Barclays Bank of Zimbabwe Limited Banking 67.8*
In accordance with Section 231(5) of the Companies Act 1985, the above information is provided solely in relation to principal subsidiaries.
The country of registration or incorporation is also the principal area of operation of each of the above subsidiaries. Investments in these subsidiaries are
held directly by Barclays Bank PLC except where marked *.
Full information of all subsidiaries will be included in the Annual Return to be filed at Companies House.
Note
aBBPLC is the beneficial owner of 38.1% of shares and Barclays Holdings (Isle of Man) Limited is the beneficial owner of 61.9% of shares.