PA Group Annual Report 2007
NOTES TO THE FINANCIAL
STATEMENTS
(continued)
13. Investments
Group Group Company Company
2007 2006 2007 2006
£000 £000 £000 £000
Cost and net book amount
At 1 January - 29 84,071 63,700
Group transfer - - - (33,700)
Acquisition of subsidiary - - - 54,071
Disposal on becoming a subsidiary - (29) - -
At 31 December - - 84,071 84,071
The principal trading subsidiary undertakings of the company, all of which are incorporated in England and Wales unless
stated, are as follows:
Company Activity Incorporated in Parent and Group Interest
in Ordinary Shares and
Voting Rights
The Press Association Limited News, sport and 100%
entertainment information
Meteo Consult BV Meteorological information Netherlands 84.7% (ii)
PA Photos Limited Photo syndication 100% (i)
All Action Digital Limited Photo syndication 100% (iv)
The Press Association of Ireland Limited News Republic of Ireland 100% (ii)
MeteoGroup UK Limited Meteorological information 92.4% (i)
PA Sport UK Limited Sport data 100% (v)
Sportev Limited Sport data 100% (v)
iKnowledge Limited Sport data 100% (v)
PA Sport Asia Limited Sport data 100% (vi)
PA SportsTicker Inc. Sport data North America 100% (vi)
PA Sport South Africa (Proprietary) Limited Sport data South Africa 90% (vi)
Meteo Services SA Meteorological information Belgium 70.4% (iii)
MC-Wetter GmbH Meteorological information Germany 84.7% (iii)
Meteorologische Dienstleistungen
Meteo Graphics GmbH Advanced Software development Germany 63.2% (iii)
Weather Software and Solutions
Meteotemp España SL Meteorological information Spain 84.7% (iii)
PA Weather AB Meteorological information Sweden 84.7% (iii)
(i) The shares in these companies are held by The Press Association Limited.
(ii) The shares in these companies are held by PA News Investments Limited.
(iii) The shares in these companies are held by Meteo Consult BV.
(iv) The shares in this company are held by PA Photos Limited.
(v) The shares in these companies are held by PA Sport Limited.
(vi) The shares in these companies are held by PA Sport International Limited.
32
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44