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: principal subsidaries and associates :

   
 

as at 31 dec 1999

 
country of
incorporation
or registration
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.  

FT Group  
Financial Times Group Ltd*
England
Financial Times Business Ltd
England
Les Echos SA
France
Recolétos Compañiá Editorial SA (99.6%)
Spain

Pearson Education  
Addison Wesley Longman Inc.
US
Addison Wesley Educational Publishers Inc.
US
Macmillan USA Inc.
US
Pearson Education Ltd
England
Prentice Hall Inc.
US

The Penguin Group  
Penguin Putnam Inc.
US
The Penguin Publishing Co Ltd
England
Penguin Books Australia Ltd
Australia

Pearson Television  
Pearson Television Ltd*
England
Pearson Television Productions Ltd
England
Pearson Television North America Inc.
US
Pearson Television International Ltd
England
*Direct investment of Pearson plc.  

 

 
country of
incorporation
or registration
beneficial
interest
%
class of
share
share
capital
m
accounting
year end
Associates          

FT Group          
The Economist Newspaper Ltd
England
50
Ord 5p
1.1
March
   
100
B 5p
   
   
Nil
A 5p
0.1
 
   
Nil
Trust 5p
 

Pearson Television          
Channel 5 Television Group Ltd
England
20.0
Ord 1p voting
0.8
December
   
25.0
Ord 1p non-voting
4.0
 
   
19.2
Preference
 
   
1.7
Deferred
 

 

The principal partnerships (see note 13)

Subsequent to the year end, the beneficial interest in Channel 5 Television Group Ltd increased (see note 31).

 

* Introduction
* Chairman's letter
* Chief executive's review
* The Pearson Goals
* Internet Goals
* The Results
* Financial Review
* Financial Policy
* Directors' Report
* Personnel Committee Report
* Pearson Education
* Penguin Group
* Financial Times Group
* Pearson Televison
* Recolétos
* Lazard
* Consolidated profit and loss account
* Consolidated balance sheet
* Consolidated statement of cash flows
* Statement of total recognised gains and losses
* Note of historical cost profits and losses
* Reconciliation of movements in equity shareholders' funds
* Report to the Auditors to the Members of Pearson plc
* Principal subsidiaries and associates
* Five year summary
* Shareholder information
* Notes to the accounts
 

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