Finance
Last updated:ج8 july, 2009 - 12:00 GMT
6. Investments
| أغر؟´«أ½ World Service holds the following interests in companies, at cost: |
Holding of issued ordinary shares % |
|---|---|
| Subsidiaries | |
|
أغر؟´«أ½ Croatia d.o.o. (incorporated in Croatia) |
100 |
|
أغر؟´«أ½ do Brasil Limitada (incorporated in Brazil) |
100 |
|
أغر؟´«أ½ East Asia Relay Company Limited (incorporated in Hong Kong) |
100 |
|
أغر؟´«أ½ Kiev LLC (incorporated in Ukraine) |
100 |
|
أغر؟´«أ½ Morocco SA (incorporated in Morocco) |
100 |
|
أغر؟´«أ½ Pakistan Private Limited (incorporated in Pakistan) |
100 |
|
أغر؟´«أ½ R (incorporated in Russia) |
100 |
|
أغر؟´«أ½ Radiocom (Bulgaria) EOOD (incorporated in Bulgaria) |
100 |
|
أغر؟´«أ½ Radiocom (Praha) s.r.o. (incorporated in the Czech Republic) |
100 |
|
أغر؟´«أ½ Radiocom (Romania) SRL (incorporated in Romania) |
100 |
|
أغر؟´«أ½ Radiocom Deutschland GmbH (incorporated in Germany) |
100 |
|
أغر؟´«أ½ Ukraine LLC (incorporated in Ukraine) |
100 |
|
أغر؟´«أ½ World Service Hong Kong Limited (incorporated in Hong Kong) |
100 |
|
أغر؟´«أ½ World Service India Private Limited (incorporated in India) |
100 |
| أغر؟´«أ½ World Service Trust * | |
| ج | ج |
| Associates | |
|
Aerial Radio Musorszoro KFT (incorporated in Hungary) |
50 |
|
Multimedia Ventures Limited (incorporated in Great Britain) |
50 |
| * The أغر؟´«أ½ World Service Trust is a charitable company limited by guarantee, of which the أغر؟´«أ½ is the sole member. | |
Although أغر؟´«أ½ World Service is technically the parent of the أغر؟´«أ½ World Service Trust, it is exempt from consolidation. This is because the trustees have a fiduciary duty to act in the best interests of the beneficiaries and as substantially all of the income is made up of grants, which are classified as restricted funds because their use is specified by donors, أغر؟´«أ½ World Service has no direct control over, or financial interest in, the assets.
The results and balances of the other companies listed above are presented in the consolidated financial statements and the notes to these financial statements.
Annual review 2008/09
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