Telstra 2010 Annual Report Download - page 182

Telstra Corporation Limited and controlled entities
167
Notes to the Financial Statements (continued)
(b) Liquidations and deregistrations
These companies were liquidated or deregistered during the year.
At 30 June 2010, the following entities have applied to the ASIC for
deregistration:
• Trading Post Australia Pty Ltd; and
• Trading Post (TCA) Pty Ltd.
At 30 June 2010, the following entities were in voluntary
liquidation:
• Telecom Australia (Saudi) Co. Ltd; and
• PT Telstra Nusantara.
(c) Controlled entities with different balance dates
The following companies have balance dates that differ from our
balance date of 30 June for fiscal 2010:
• Telecom Australia (Saudi) Company Limited - 31 December;
• Beijing Australia Telecommunications Technical Consulting
Services Company Limited - 31 December;
• Telstra India (Private) Limited - 31 March;
• SouFun Holdings Limited and its controlled entities - 31
December;
• Sequel Limited and its controlled entities - 31 December;
• Telstra Sensis (Beijing) Co Limited - 31 December;
• Telstra Asia Holdings Limited and its controlled entities - 31
December;
• Reach Holdings Limited - 31 December;
• Reach Network India Private Limited - 31 March;
• Reach Data Services India Private Limited - 31 March; and
• Telstra Telecommunications Private Ltd - 31 March.
Financial reports prepared as at 30 June are used for consolidation
purposes.
(d) Controlled entities in which our equity ownership is less than or
equal to 50%
• We have no direct equity interest in the following entities within
the SouFun Group:
• Beijing Jia Tian Xia Advertising Co. Ltd;
• Beijing SouFun Internet Information Service Co. Ltd;
• Beijing SouFun Science and Technology Development Co.
Ltd;
• Beijing China Index Information Co. Ltd;
• Shanghai Jia Biao Tang Advertising Co. Ltd;
• Shanghai SouFun Advertising Co. Ltd;
• Beijing Century Jia Tian Xia Technology Development Co.
Ltd;
• Shanghai China Index Consultancy Co. Ltd; and
• Tianjin Jia Tian Xia Advertising Co. Ltd.
The purpose of these entities is to hold the licenses and
approvals required to operate SouFun Holdings Limited’s
internet content provision and advertising business
respectively. SouFun Holdings Limited has the decision-making
powers to control these entities. SouFun Holdings Limited is one
of our controlled entities and therefore we have consolidated the
financial results, position and cash flows of these entities into
our group financial report.
• We have no direct equity interest in the following entities within
the Sequel Group:
• Beijing Haochen Domain Information Technology Co. Ltd;
• Lianhe Shangqing (Beijing) Advertisement Co. Ltd;
• Beijing Autohome Information Technology Co. Ltd;
• Beijing POP Information Technology Co. Ltd;
• Shijiazhuang Xinfeng Advertising Co. Ltd; and
• Shijiazhuang Xinrong Advertising Co. Ltd.
In addition, our controlled entity Union Tough Advertisement
Limited has a 30% direct interest in Haocheng Shidai (Beijing)
Advertisement Co. Ltd.
The purpose of these entities is to hold the licenses and
approvals required to operate Sequel Limited’s internet content
provision and advertising business respectively. Sequel Limited
has the decision-making powers to control these entities.
Sequel Limited is one of our controlled entities and therefore we
have consolidated the financial results, position and cash flows
of these entities into our group financial report.
• We have no direct equity interest in the following entities within
the Octave Investments Holdings Limited Group:
• Beijing Jun Yuan Zhi Ye Information Technology Company
Limited;
• Beijing Shan Lian Hu Dong Network Technology Company
Limited;
• Beijing Shan Lian Chuang Yi Digital Technology Company
Limited;
• Beijing Chuang Yi He Xian Technology and Trading
Company Limited;
• Beijing Shan Lian Xun Tong Digital Technology Company
Limited;
• Hunan Zhi Yuan Information Network Technology
Development Co Limited;
• Beijing Xunjie Yingxiang Network Technology Company
Ltd;
• Beijing Rui Xin Zai Xian System Technology Company
Limited;
• Guangzhou Rui Yin Digital Technology Company Limited;
• Shijiazhuang Ruixin Yin Shang Digital Technology
Company Limited; and
• Wuhan Rui Yin Zai Xian Digital Technology Company
Limited.
The purpose of these entities is to hold the licenses and
approvals required to operate Octave Investments Holdings
Limited’s internet content provision and mobile value added
services. Octave Investments Holdings Limited has the
decision-making powers to control these entities. Octave
Investments Holdings Limited is one of our controlled entities
and therefore we have consolidated the financial results,
position and cash flows of these entities into our group financial
report.
25. Investments in controlled entities (continued)