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RADIO TELEFÍS ÉIREANN Notes (continued) forming part of the Group financial statements 10 Investments in Subsidiaries RTÉ Total €’000 Balance at 1 January 2008 65,827 Additions - Balance at 31 December 2008 65,827 RTÉ had the following subsidiaries at 31 December 2008: Share capital Class of Subsidiary companies held business RTÉ Commercial Enterprises Limited 100% Publications and other commercial activities RTÉ Music Limited 100% Music publishing Seirbhísí Theilifís na Gaeilge Teoranta 100% Dormant RTÉ Transmission Network Limited 100% Management of transmission network assets RTÉ Licence Collections Limited 100% Management of TV Licence collections DTT Network Company 100% Dormant The Authority has reviewed the carrying value of the Group’s remaining investments and is satisfied that the values are fairly stated. All subsidiaries operate in Ireland and have their registered offices at RTÉ, Donnybrook, Dublin 4. RTÉ Music Limited is a wholly owned subsidiary of RTÉ Commercial Enterprises Limited. 60
ANNUAL REPORT & GROUP FINANCIAL STATEMENTS 2008 Classification of RTÉ Group Activities by Integrated Business Division (IBD) and by Legal Entity RTÉ TELEVISION IBD Free-to-air broadcast of public service television schedules and channels Commissioning and production of indigenous television programmes Statutory commissioning of programme content from independent producers Acquisition of domestic/non-domestic television programmes Statutory provision of non-news and current affairs programming to TG4 Television advertising and sponsorship sales Hire of television production facilities to third parties Provision of broadcast circuits and technical facilities to third parties Maintenance of Television channel archives and news library Administration of RTÉ Television IBD Programme merchandising sales Sale of library and archive material Sale of programme listings Television programme sales IVR/SMS Telecoms revenue share Studio production of television advertisements for third parties Non-broadcasting advertising revenue share RTÉ RTÉ RTÉ RTÉ Commercial Music Transmission Enterprises Limited Network Limited Limited • • • • • • • • • • • • • • • • • RTÉ RADIO IBD Free-to-air broadcast of public service Radio schedules / channels Commissioning and production of indigenous radio programmes Acquisition of domestic/non-domestic radio programmes Radio advertising and sponsorship sales Maintenance of Radio channel archive and library Administration of RTÉ Radio IBD Hire of Radio production facilities to third parties Programme merchandising sales Library and listing sales IVR/SMS Telecoms revenue share Roadcaster mobile studio and sponsorship sales Studio production of Radio advertisements Non-broadcasting advertising revenue share RTÉ NEWS AND CURRENT AFFAIRS IBD Provision of a national and international news gathering service Production and coverage of television and radio news bulletins, events and programmes Commissioning and production of current affairs programmes Statutory provision of news and current affairs programming to TG4 Administration of RTÉ News and Current Affairs IBD RTÉ NETWORK IBD • • • • • • • • • • • • • • • • • • Provision of national analogue radio and television broadcast transmission services Hire of ancillary mast and tower facilities Administration of RTÉ Network IBD • • • RTÉ PUBLISHING IBD Sale of music copyright Origination and re-purposing of news and other broadcast material in digital format Provision of Aertel teletext services Provision of Online web services Sale of online banner advertising and sponsorship Sale of teletext advertising and sponsorship IVR/SMS revenue Production and publication of the RTÉ Guide magazine RTÉ Guide advertising sales Incubation and development of new media technologies Administration of RTÉ Publishing IBD RTÉ PERFORMING GROUPS IBD • • • • • • • • • • • Orchestral and choir performances Commission, production, performance and recording of orchestral and choir music Hire of Symphony and Concert Orchestras Administration of RTÉ Performing Groups IBD • • • • CENTRALLY INCURRED SHARED SERVICES Group Communications, Central HR, Group Legal, Group Treasury, Central IT Support, Donnybrook Site Services, Group Insurance and Group Pensions • CORPORATE HQ Direction and overall operation of Public Service Broadcaster Holding of investments in broadcasting related activities • • 61
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