: principal subsidaries and associates :
as at 31 dec 1999
|
country of
incorporation
or registration
|
|
| Subsidiaries | |
| The principal operating subsidiaries are listed below. | |
| They operate mainly in the countries of incorporation or | |
| registration, the investments are in equity share capital and | |
| they are all 100% owned unless stated otherwise. | |
|
|
|
| FT Group | |
| Financial Times Group Ltd* |
England
|
| Financial Times Business Ltd |
England
|
| Les Echos SA |
France
|
| Recolétos Compañiá Editorial SA (99.6%) |
Spain
|
|
|
|
| Pearson Education | |
| Addison Wesley Longman Inc. |
US
|
| Addison Wesley Educational Publishers Inc. |
US
|
| Macmillan USA Inc. |
US
|
| Pearson Education Ltd |
England
|
| Prentice Hall Inc. |
US
|
|
|
|
| The Penguin Group | |
| Penguin Putnam Inc. |
US
|
| The Penguin Publishing Co Ltd |
England
|
| Penguin Books Australia Ltd |
Australia
|
|
|
|
| Pearson Television | |
| Pearson Television Ltd* |
England
|
| Pearson Television Productions Ltd |
England
|
| Pearson Television North America Inc. |
US
|
| Pearson Television International Ltd |
England
|
| *Direct investment of Pearson plc. | |
|
|
|
|
country of
incorporation
or registration
|
beneficial
interest
%
|
class of
share
|
share
capital
£m
|
accounting
year end
|
|
| Associates | |||||
|
|
|||||
| FT Group | |||||
| The Economist Newspaper Ltd |
England
|
50
|
Ord 5p
|
1.1
|
March
|
|
100
|
‘B’ 5p
|
||||
|
Nil
|
‘A’ 5p
|
0.1
|
|||
|
Nil
|
Trust 5p
|
––
|
|||
|
|
|||||
| Pearson Television | |||||
| Channel 5 Television Group Ltd |
England
|
20.0
|
Ord 1p voting
|
0.8
|
December
|
|
25.0
|
Ord 1p non-voting
|
4.0
|
|||
|
19.2
|
Preference
|
––
|
|||
|
1.7
|
Deferred
|
––
|
|||
|
|
|||||
The principal partnerships (see note 13)
Subsequent to the year end, the beneficial interest in Channel 5 Television Group Ltd increased (see note 31).
 |
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