E terms and conditions transactions relating to

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Unformatted text preview: ed to other shareholders. Outstanding balances are unsecured and are repayable in cash. 71 Wellcom Group Limited Notes to the Consolidated Financial Statements 29. Subsidiaries For personal use only The consolidated financial statements incorporate the assets, liabilities and results of the following subsidiaries in accordance with the accounting policy described in note 2(c): Name of entity Wellcom Moving Images Pty Ltd Kinkaid Pty Ltd (trading as Cadillac Printing) ** Wellcom London Ltd (formerly Keene Repro Ltd) Wellcom Group Pte Ltd ^ WellMalaysia Sdn Bhd ^^ iPrint Corporate Pty Ltd # Country of incorporation Australia Australia United Kingdom Singapore Malaysia Australia Ordinary Ordinary Ordinary Ordinary Ordinary Ordinary Equity holding* 2010 2011 Class of shares 100% 100% 100% 100% 100% 100% 50% 100% 100% 50% * The proportion of ownership interest is equal to the voting power held. ** Kinkaid Pty Ltd was disposed of on 1 July 2010. Refer to note 5. ^ Wellcom Group Pte Ltd was incorporated on 9 Decembe...
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