McConnell Dowell 2018 Annual Review

38 26. Interests in Subsidiaries 2018 % 2017 % 2018 000’s 2017 000’s Country of incorporation Percentage of equity held by the consolidated entity Investment McConnell Dowell Holdings Pty Ltd Australia 100 100 89,590 89,590 McConnell Dowell Holdings Pty Ltd has the following investments in subsidiaries: Hylekite Pty Ltd Australia 100 100 McConnell Dowell Constructors (Aust.) Pty Ltd Australia 100 100 McConnell Dowell Pty Ltd Australia 100 100 McConnell Dowell Corporation (NZ) Pty Ltd Australia 100 100 Tweed River Entrance Sand Bypassing Company Pty Ltd Australia 100 100 Built Environs Pty Ltd Australia 100 100 Built Environs Qld Pty Ltd Australia 100 100 Built Environs Holdings Pty Ltd Australia 100 100 Built Environs WA Pty Ltd Australia 100 100 McConnell Dowell (American Samoa) Ltd American Samoa 100 100 McConnell Dowell PDS Sdn Bhd Brunei 100 100 McConnell Dowell (Fiji) Ltd Fiji 100 100 PT. McConnell Dowell Indonesia* Indonesia 94 94 PT Wanamas Puspita Indonesia 100 100 PT. McConnell Dowell Services Indonesia 100 100 McConnell Dowell (Malaysia) Sdn Bhd Malaysia 100 100 McConnell Dowell - Kelana Sdn Bhd Malaysia 30 30 McConnell Dowell Constructors Ltd New Zealand 100 100 McConnell Dowell (Offshore) Ltd New Zealand 100 - McConnell Dowell Philippines Inc Philippines 40 40 McConnell Dowell Constructors (PNG) Ltd PNG 100 100 McConnell Dowell Saudi Arabia Ltd Saudi Arabia 39 39 McConnell Dowell South East Asia Pte Ltd Singapore 100 100 McConnell Dowell Constructors Thai Ltd - Ordinary Shares Thailand 100 100 NFI Holdings Ltd Thailand 100 100 McConnell Dowell (UK) Limited United Kingdom 100 100 Stockton Pipelines Limited United Kingdom 100 100 McConnell Dowell International Ltd Hong Kong 100 100 McConnell Dowell Constructors Hong Kong Ltd Hong Kong 100 100 McConnell Dowell NC S.A.R.L. New Caledonia 100 100 McConnell Dowell Constructors Lao Co. Ltd Laos 100 100 *Non-controlling equity interests in controlled entities Reconciliation of non-controlling equity interests in controlled entities:- Opening balance 257 481 Share of current year profit 170 66 Dividend paid (110) (278) Share of reserve movements (FCTR) 12 (12) CLOSING BALANCE 329 257 Consolidated Notes to the Annual Financial Statements (continued) For the year ended 30 June 2018