Marks and Spencer 2007 Annual Report Download - page 95

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wwwwww..mmaarrkkssaannddssppeenncceerr..ccoomm//aannnnuuaallrreeppoorrtt22000077MARKS AND SPENCER GROUP PLC 9933
Executive Team Your Board Financial
Review Governance Financials
Shareholder
Information
C6 INVESTMENTS CONTINUED
B Principal subsidiary undertakings
The Company’s principal subsidiary undertakings are set out below. A schedule of interests in all undertakings is filed with the
Annual Return.
Country of incorporation Proportion of voting rights
Principal activity and operation and shares held by:
Company A subsidiary
Marks and Spencer plc Retailing Great Britain 100% –
Marks and Spencer International Holdings Limited Holding Company Great Britain – 100%
Marks and Spencer (Nederland) BV Holding Company The Nederlands – 100%
Marks and Spencer (Ireland) Limited Retailing Republic of Ireland – 100%
Marks and Spencer (Asia Pacific) Limited Retailing Hong Kong – 100%
Marks and Spencer Simply Foods Limited Retailing Great Britain – 100%
M.S. Insurance L.P. Financial Services Guernsey – 100%
Marks and Spencer Investments Limited Finance Great Britain – 100%
St Michael Finance plc Finance Great Britain – 100%
Marks and Spencer Finance plc Finance Great Britain – 100%
Marks and Spencer Chester Limited Property Investment Great Britain – 100%
Marks and Spencer SCM Limited Procurement Great Britain – 100%
Per Una Group Limited Procurement Great Britain – 100%
Marks and Spencer Scottish Limited Partnership Property Investment Great Britain – –1
1Marks and Spencer plc is a general partner.
The Company has taken advantage of the exemption under Section 231(5) of the Companies Act 1985 by providing information only
in relation to subsidiary undertakings whose results or financial position, in the opinion of the directors, principally affected the
financial statements.
C7 STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY
Ordinary Share Capital
share premium redemption Merger Retained
capital account reserve reserve earnings Total
£m £m £m £m £m £m
At 3 April 2005 414.5 106.6 2,102.8 1,397.3 2,858.2 6,879.4
Profit for the year attributable to shareholders ––––202.7 202.7
Dividends ––––(204.1) (204.1)
Shares issued on exercise of employee share options 6.1 55.7–––61.8
Redemption of B shares – – 11.0 – (11.0) –
At 1 April 2006 420.6 162.3 2,113.8 1,397.3 2,845.8 6,939.8
At 2 April 2006 4
42200..66116622..3322,,111133..8811,,339977..3322,,884455..8866,,993399..88
Profit for the year attributable to shareholders –
–––––––226600..44226600..44
Dividends –
–––––––((226600..66))((226600..66))
Shares issued on exercise of employee share options
(see note 12) 4
4..334400..66––––––4444..99
Redemption of B shares –
–––5544..77––((5544..77))––
At 31 March 2007 424.9 202.9 2,168.5 1,397.3 2,790.9 6,984.5
C8 RELATED PARTY TRANSACTIONS
During the year, the Company has received dividends from Marks and Spencer plc of £260.6m (last year £205.2m) and has
increased its loan from Marks and Spencer plc by £9.1m (last year £48.4m decrease). There were no other related party
transactions.