Wellcom_FY11-Financial-Report

During the year ended 30 june 2011 subsidiaries have

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: . The existence and effect of potential voting rights that are currently exercisable or convertible are considered when assessing whether the Group controls another entity. During the year ended 30 June 2011 subsidiaries have comprised Wellcom Moving Images Pty Ltd, Kinkaid Pty Ltd, Wellcom London Ltd (formerly Keene Repro Ltd), Wellcom Group Pte Ltd, Wellmalaysia Sdn Bhd and iPrint Corporate Pty Ltd. Wellcom Moving Images Pty Ltd is 100% owned and controlled by Wellcom Group Limited. Wellcom Moving Images Pty Limited was dormant for the whole of the financial year. Kinkaid Pty Ltd (trading as Cadillac Printing) was disposed of by the Group on 1 July 2010 (refer to note 5). Wellcom London Ltd (formerly Keene Repro Ltd) is 100% owned by Wellcom Group Ltd. The consolidated financial statements include the results of Wellcom London Ltd for the entire financial year. The financial statements of the subsidiary have been prepared using consistent accounting policies. Wellcom Group Pte Ltd is 100% owned by Wellcom Group Ltd. The consolidated financial statements inc...
View Full Document

This document was uploaded on 02/06/2014.

Ask a homework question - tutors are online