Full-year - Chime Communications PLC

Notes to the consolidated financial statementsProportionof ordinaryshares held andCompany Nature of business voting rightsTraffic Werbeagentur GmbH @ Public Relations 100%The Smart Company.Net Limited + Corporate and Social Responsibility Consultancy 100%TTA Public Relations Limited + Property Marketing 70%VCCP Limited + Advertising and Marketing 100%VCCP GmbH @ Advertising and Marketing 100%VCCP Blue Limited Advertising and Marketing 100%VCCP Digital Limited Digital Advertising and Marketing 100%VCCP Search Limited Search Engine Marketing 60%AssociatesMeropa Communications (Pty) Limited ±+ Public Relations 20%Rare Corporate Design Limited Corporate Design 40%Colour TV Limited Television Production 45%The Agency of Someone Limited Branding and design 40%X & Y Communications Limited + Public Relations 29%± Incorporated in South Africa@ Incorporated in Germany* Incorporated in America^ Incorporated in Spain> Incorporated in Dubai+ Direct subsidiary/associate of Chime Communications plcThese companies operate principally in their country of incorporation.17. Investments in associates2008 2007£’000 £’000Carrying value of investments 167 50Carrying value of loans to associates 370 342Share of profits 321 96858 488Aggregate amounts relating to associates2008 2007£’000 £’000Total assets 2,220 1,086Total liabilities (1,282) (909)Net assets 938 177Revenue 5,794 2,874Profit/(loss) for the year 225 (73)Included in the above liabilities owed by the associates are loans from the Group of £370,472 (2007 – £342,800).A list of the significant investments in associates, including the name, country of incorporation, proportion of ownership interest is given in note 16.Annual Report & Accounts 2008 71