CQUniversity Annual Report - Central Queensland University

CQUniversity ANNUAL REPORT 2012
Note 38. Subsidiaries
Name of entity and principal activities
Central Queensland University
and Controlled Entities
Notes to the Financial Statements
for the year ended 31 December 2012
The consolidated financial statements incorporate the assets, liabilities and results of the following subsidiaries in accordance with the
accounting policy described in note 1(b):
CQU Travel Centre Pty Ltd
The principal activity of the Company during the financial year was a
licenced international travel agency and provider of educational travel in
Australia.
Country of
incorporation
Class of
shares
Equity holding
2012 2011
% %
Australia Ord 100 100
61
ANNUAL FINANCIAL STATEMENTS
Australian International Campuses Pty Ltd
The principal activity of the Company is to act as "Trustee" for the
Australian International Campuses Trust.
Australia Ord 100 100
Australian International Campuses Trust
The trust was established for the benefit of the Unitholder being, Central
Queensland University, to hold in trust the shareholdings in the
companies that run the Central Queensland University Australian
International Campuses.
Australia N/A 100 100
C Management Services Pty Ltd
The principal activity of the Company during the financial year was
delivering Central Queensland University academic product to
international students at the Sydney, Melbourne, Brisbane and Gold
Coast international campuses.
Australia Ord 100 100
Mask-Ed International Pty Ltd
Mask-Ed was established for the purpose of commercialising Intellectual
Property developed by a member of staff. The company was
incorporated during 2011. It has not yet commenced commercial
operations but it is intended that this will occur during 2013.
Australia Ord 100 100
Health Train Education Services Pty Ltd
The principal activity of the Company during the financial year was
delivering health services related training to students throughout Victoria.
Australia Ord 100 -
CQU Institute of Higher Learning Pte Ltd
The principal activity of the Company during the financial year was
delivering Central Queensland University academic product to
international students at the Singapore international campus.
Singapore Ord 51 -
Note 39. Events occurring after the balance sheet date
There are no matters which have arisen subsequent to year end that significantly impact upon the operations of the University.