Tesco 2006 Annual Report Download - page 69

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67Tesco plc
Note 13 Group entities
Significant subsidiaries
The Group consolidates its subsidiary undertakings; the principal subsidiaries are:
Share of issued ordinary share Country of
Business activity capital, and voting rights incorporation
Tesco Stores Limited* Retail 100% England
Tesco Distribution Limited* Distribution 100% England
Tesco Property Holdings Limited* Property 100% England
Tesco Insurance Limited* Insurance 100% Guernsey
Valiant Insurance Company Limited Insurance 100% Republic of Ireland
One Stop Stores Limited (formerly T&S Stores Limited) Retail 100% 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 S R 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
CTwo-Network Co. Ltd* Retail 100% Japan
Tesco Kipa A.S
,. Retail 93% Turkey
*Held by an intermediate subsidiary.
All principal subsidiary undertakings operate in their country of incorporation.
The accounting period-ends of the subsidiary undertakings consolidated in these financial statements are on or around
25 February 2006, with the exception of Tesco Taiwan Co. Ltd which has an accounting period end of 31 December 2005.
A full listof the Group’soperating subsidiary undertakings will be annexed to the next Annual Return filed at Companies House.
Thereare no significant restrictions on the ability of subsidiary undertakings to transfer funds to the parent, other than those
imposed by the Companies Act 1985.