McPHERSON’S LIMITED
ANNUAL REPORT 2015
83
NOTE 32. PARTICULARS IN RELATION TO CONTROLLED ENTITIES
COUNTRY OF INCORPORATION
McPherson’s Limited
Australia
Controlled entities of McPherson’s Limited
Domenica Pty Ltd *
Australia
McPherson’s Consumer Products (NZ) Limited
New Zealand
McPherson’s Housewares (NZ) Limited
New Zealand
McPherson’s Consumer Products Pty Ltd *
Australia
Home Appliances Pty Ltd **
Australia
Electrical Distributors Australia Pty Ltd ***
Australia
Electrical Distributors Repairs Servicing Pty Ltd ***
Australia
Euromaid Cooking Appliances NZ Limited
New Zealand
Integrated Appliance Group Pty Ltd ***
Australia
ARC Appliance Group Pty Ltd ***
Australia
McPherson’s Consumer Products Pte Ltd
Singapore
Multix Pty Ltd *
Australia
McPherson’s America Inc.
USA
McPherson’s Publishing Inc
USA
Regent-Sheffield Ltd
USA
McPherson’s Hong Kong Limited
Hong Kong
McPherson’s Consumer Products (HK) Limited
Hong Kong
Cork International Far East Limited
Hong Kong
McPherson’s (UK) Limited
United Kingdom
A.C.N. 082 110 101 Pty Ltd
Australia
* These subsidiaries have been granted relief from the necessity to prepare financial reports in accordance with Class Order 98/1418 issued by the Australian Securities and Investments
Commission. For further information refer to Note 35.
** At 30 June 2015 the McPherson’s Group owned 82.21% of Home Appliances Pty Ltd and its wholly owned subsidiaries. Subsequent to year end, on 6 July 2015, the McPherson’s Group acquired
the remaining 17.79% of Home Appliances Pty Ltd.
*** These subsidiaries form part of the Home Appliances Pty Ltd closed group and as such have been granted relief from the necessity to prepare financial reports in accordance with Class Order
98/1418 issued by the Australian Securities and Investments Commission.
All investments represent 100% ownership interest unless otherwise stated.
NOTE 33. RELATED PARTIES
Directors
Details relating to the insurance of Directors are included in the Directors’ Report.
Controlled entities
Transactions between McPherson’s Limited and its controlled entities in the Group during the year consisted of:
•Amounts advanced to and by McPherson’s Limited
•Amounts repaid to McPherson’s Limited
•Amounts borrowed by McPherson’s Limited
•Payment and receipt of interest on certain advances at prevailing rates
•Payment of dividends to McPherson’s Limited
•Purchase and sale of goods
•Receipt and payment of tax, rent, management and license fees
Refer to the Remuneration Report within the Directors’ Report for information relating to key management personnel disclosures.