Directors' Reports and Financial Statements - DCC plc
Directors' Reports and Financial Statements - DCC plc
Directors' Reports and Financial Statements - DCC plc
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<strong>DCC</strong> <strong>plc</strong> Annual Report & Accounts 2000Notes to the <strong>Financial</strong> <strong>Statements</strong>for the year ended 31 March 200019. <strong>Financial</strong> Assets - Subsidiary UndertakingsCompany2000 1999E’000 e’000At 1 April 67,385 57,283Additions 3,475 10,209Disposals - (107)At 31 March 70,860 67,385The Group’s principal operating subsidiary undertakings are shown on page 78. All of these subsidiaries are wholly ownedexcept Broderick Bros. Limited (82.5%), Virtus Limited (51.0%), EuroCaps Limited (80.0%), where put <strong>and</strong> call options existto acquire the remaining 20.0%, CasaCare GmbH (74.9%), where put <strong>and</strong> call options exist to acquire the remaining 25.1%,Distrilogie SA (55.0%), where put <strong>and</strong> call options exist to acquire the remaining 45.0% <strong>and</strong> Fannin Limited (82.0%), whereput <strong>and</strong> call options exist to acquire the remaining 18.0%.The Group’s principal overseas holding company subsidiaries are <strong>DCC</strong> Holdings (UK) Limited, a company operating,incorporated <strong>and</strong> registered in Engl<strong>and</strong> <strong>and</strong> Wales <strong>and</strong> <strong>DCC</strong> International Holdings B.V., a company operating, incorporated<strong>and</strong> registered in the Netherl<strong>and</strong>s. The registered office of <strong>DCC</strong> Holdings (UK) Limited is at Days Medical Aids Limited,Litchard Industrial Estate, Bridgend, Mid Glamorgan CF31 2AL, Wales. The registered office of <strong>DCC</strong> International HoldingsB.V. is Drentestraat 24, 1083 HK Amsterdam, the Netherl<strong>and</strong>s.Accounts6120. StocksGroup2000 1999E’000 e’000Raw materials <strong>and</strong> consumables 6,873 5,407Work in progress 1,852 552Finished goods <strong>and</strong> goods for resale 67,291 48,17476,016 54,133The replacement cost of stocks is not considered to be materially different from the amounts shown above.