96 MITIE Group PLC Annual Report and Accounts 2010
Notes to the consolidated financial statements 35. Principal subsidiaries The companies set out below are those which were part of the Group at 31 March 2010 and in the opinion of the Directors significantly affected the Group’s results and net assets during the year. Principal subsidiaries are incorporated in the United Kingdom and are held directly or indirectly by MITIE Group PLC. At 31 March 2010 % Voting rights owned
At 31 March 2010 % Ownership interest
At 31 March 2010 % Nominal value owned
Division
Activities
Principal subsidiaries
Facilities Management
Our Facilities Management division delivers facilities consultancy, management and service delivery to our clients. Within the division, during the year ended 31 March 2010 we recognised four principal business lines which were: Facilities Management, which comprises our managed services, business services, client services and PFI businesses; Cleaning and Environmental, which encompasses our cleaning, landscaping and pest control businesses; Security and Catering.
MITIE Facilities Services Ltd
100.0%
100.0%
100.0%
MITIE Cleaning & Environmental Services Ltd (formerly MITIE Cleaning & Support Services Ltd)
99.2%
99.2%
99.2%
MITIE Security Holdings Ltd
93.9%
93.9%
99.9%
Our Property Management division provides property maintenance and project management services, including a complete range of repair, refurbishment, redecoration and fit-out expertise for both the private and public sector with a focus on social housing.
MITIE Property Services (UK) Ltd
79.9%
79.9%
79.9%
Robert Prettie & Co Ltd
100.0%
100.0%
100.0%
Environmental Property Services Ltd
100.0%
100.0%
100.0%
Our Asset Management division provides the integration, management and maintenance of technical assets to meet the demands of the low-carbon economy including; energy design, generation and certification, infrastructure projects, building services and mechanical and electrical engineering. On 1 April 2009, our Engineering Maintenance business was combined with Asset Management to further enhance our market proposition in this area.
MITIE Asset Management Ltd (formerly MITIE Engineering Holdings Ltd)
100.0%
100.0%
100.0%
MITIE Technical Facilities Management Ltd (formerly Dalkia Energy & Technical Services Ltd)
100.0%
100.0%
100.0%
Property Management
Asset Management
The companies listed above represent the principal subsidiary companies of the Group. A full list of subsidiary companies will be annexed to the next annual return.