Annual Report & Accounts 2009 - Anglo Irish Bank

Notes to the financial statements continued
29.
94
Interests in associate and joint ventures continued
Group's
interest
Principal joint venture entities and registered offices Principal activity in equity
Berala Sarl *
62 avenue Victor Hugo, L-1750 Luxembourg
Heywood Park Limited *
Jubilee Buildings, Victoria Street, Douglas, Isle of Man IM1 2SH
Regeneration Developments Limited
SCD House, Waterloo Road, Dublin 4, Ireland
The Met Quarter Property Unit Trust *
22 Grenville Street, St. Helier, Jersey JE4 8PX
The Second Anglo Irish UK Property Fund SLP
50 Lothian Road, Festival Square, Edinburgh EH3 9WJ, Scotland
Property investment 60%
Property investment 95%
Property investment 50%
Property investment 60%
Property investment 19%
* The Group's interest in the equity of these entities is greater than 50%. However, the substance and legal form of these
ventures is such that they are jointly controlled entities as the approval of all joint venture parties is required for all strategic
financial and operating decisions.
Associate
15 months Year
ended ended
31 December 30 September
2009 2008
€m €m
Share of results of associate (16) -
The Group
31 December 30 September
2009 2008
€m €m
Interest in associate - unlisted - 16
The Group has written down the value of its interest in its associate to €nil (30 September 2008: €16m).
The Group
The Group's share of the assets and shareholders' funds of its associate is €nil (30 September 2008: €16m). The Group has
recognised a loss of €16m (30 September 2008: €nil), reflecting the write down of its interest.
At 31 December 2009 the Group had neither capital commitments nor contingent liabilities, whether incurred jointly or
otherwise, in relation to its joint ventures or associate.
In accordance with the European Communities (Credit Institutions: Accounts) Regulations, 1992, the Group will annex a full
listing of its joint ventures and associates to its annual return to the Companies Registration Office in Ireland.