Notes 26-31
- 26. Authorised and issued share capital
- 27. Equity share owners’ funds
- 28. Acquisitions
- 29. Principal subsidiary undertakings
- 30. Related party transactions
- 31. Reconciliation to non-GAAP measures of performance
29. Principal subsidiary undertakings
The principal subsidiary undertakings of the Group are:
| Country of Incorporation | |
|---|---|
| Grey Global Group, Inc | US |
| J. Walter Thomson Company, Inc | US |
| GroupM Worldwide, Inc | US |
| The Ogilvy Group, Inc | US |
| Young & Rubicam, Inc | US |
| Taylor Nelson Sofres plc | UK |
All of these subsidiaries are operating companies and are 100% owned by the Group.
A more detailed listing of the operating subsidiary undertakings is given in Our companies & associates. The Company directly or indirectly holds controlling interests in the issued share capital of these undertakings with the exception of those specifically identified.