Tesco 2005 Annual Report Download - page 48

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46 Tesco PLC
Note 14 Fixed asset investments continued
(a) The Group’s principal operating subsidiary undertakings are:
Share of equity capital Country of
Business and voting rights incorporation
Tesco Stores Limited Retail 100% Registered in England
Tesco Property Holdings Limited Property Investment 100% Registered in England
Tesco Insurance Limited Insurance 100% Guernsey
Valiant Insurance Company Limited Insurance 100% Republic of Ireland
Tesco Distribution Limited Distribution 100% Registered in England
Tesco Card Services Limited Card Handling Services 100% Registered in England
T&S Stores Limited Retail 100% Registered in England
Tesco Ireland Limited Retail 100% Republic of Ireland
Tesco Global Aruhazak Rt. Retail 99% Hungary
Tesco Polska Sp. z o.o. Retail 100% Poland
Tesco Stores C
˘R a.s. Retail 100% Czech Republic
Tesco Stores SR a.s. Retail 100% Slovakia
Samsung Tesco Co. Limited Retail 89% South Korea
Ek-Chai Distribution System Co. Ltd Retail 99% Thailand
Tesco Taiwan Co. Limited Retail 100% Taiwan
Tesco Stores Malaysia Sdn Bhd Retail 70% Malaysia
Tesco Stores Hong Kong Limited Purchasing 100% Hong Kong
C Two-Network Co. Ltd Retail 100% Japan
Tesco Kipa A.S
,. Retail 93% Turkey
All principal operating subsidiary undertakings operate in their country of incorporation.
A full list of operating subsidiaries will be annexed to the next Annual Return, filed at Companies House.
(b) The Group’s principal joint ventures are:
Share of issued ordinary Country of
share capital, loan capital incorporation and principal
Business and debt securities country of operation
Shopping Centres Limited Property Investment 50% Registered in England
BLT Properties Limited Property Investment 50% Registered in England
Tesco BL Holdings Limited Property Investment 50% Registered in England
Tesco British Land Property Partnership Property Investment 50% Registered in England
Tesco Property Partnership ELP Property Investment 50% Registered in England
Tesco Personal Finance Group Limited Personal Finance 50% Registered in Scotland
Tesco Home Shopping Limited Mail Order Retail 60% Registered in England
Tesco Mobile Limited Telecommunications 50% Registered in England
dunnhumby Limited Data Analysts 53% Registered in England
Nutri Centres Limited Complementary Medicines 50% Registered in England
Hymall Retail 50% Republic of China
Taiwan Charn Yang Developments Limited Property Investment 50% Taiwan
Retail Property Company Limited Property Investment 50% Thailand
Tesco Card Services Limited Personal Finance 50% Thailand
The accounting period-ends of the joint ventures consolidated in these financial statements, range from 31 December 2004 to 26 February 2005.
Notes to the financial statements continued