Notes to the Accounts
35. Principal subsidiaries and associates
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| country of incorporation or registration |
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| 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. |
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| Pearson Education | |
| Pearson Education Inc. | US |
| Pearson Education Ltd | England |
| NCS Pearson Inc. | US |
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| FT Group | |
| Financial Times Group Ltd* | England |
| Financial Times Business Ltd | England |
| Interactive Data Corporation (60%) | US |
| Les Echos SA | France |
| Recoletos Compañía Editorial SA (79%) | Spain |
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| The Penguin Group | |
| Penguin Putnam Inc. | US |
| The Penguin Publishing Co Ltd | England |
| Dorling Kindersley Holdings Ltd* | England |
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* Direct investment of Pearson plc.
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| country of incorporation or registration |
class of share |
beneficial interest % |
accounting year end |
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| Associates | ||||
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| FT Group | ||||
| The Economist Newspaper Ltd | England | Ord 5p | 50 | March |
| ‘B’ 5p | 100 | |||
| ‘A’ 5p | Nil | |||
| Trust 5p | Nil | |||
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| Television | ||||
| RTL Group SA | Luxembourg | Ord voting | 22 | December |
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