Note I: BBC structure and other disclosures
This section details the BBC’s interests held in associates, joint ventures and subsidiaries, along with the BBC’s reserves and details on post-balance sheet events.
I1 Interests in associates, joint ventures and subsidiaries
The BBC Group holds (directly and indirectly) interests in the associates, joint ventures and subsidiaries listed below which, except where otherwise stated, are incorporated in Great Britain and registered in England and Wales.
The main BBC charities, BBC Media Action and BBC Children in Need, have been assessed as an associate during the year given the BBC’s increased involvement with these bodies. The BBC is not, however, entitled to any share of their results.
The following companies are exempt from the requirements of the Companies Act 2006 relating to the audit of the accounts under section 479A as a result of the guarantee issued by the BBC Board:
- BBC Free to View Limited
- Centre House Production Limited
- BBC Free to View (Satellite) Limited
- BBC World Service Trading Ltd
- BBC Media Applications Technologies Limited
- BBC World Service Holdings Ltd
- Creative Industries New Entrant Scheme Limited
- BBC Property Limited
- BBC World Service Investments Limited
- BBC Property Development Limited
- BBC Clann Limited
- BBC Property Investments Limited
- BBC News International Limited
I1.1 Significant associates and their activities
| Name of entity | Place of incorporation and principal place of business | Holding of issued ordinary shares % | Activity |
|---|---|---|---|
YouView TV Limited | England and Wales | 16.7% | Multiplatform broadcasting |
Everyone TV Limited | England and Wales | 25.0% | Multiplatform broadcasting |
The registered address of YouView TV Limited is 2nd Floor, Aldgate Tower, 2 Leman Street, London, United Kingdom, E1 8FA.
The registered address of Everyone TV Limited is Triptych Bankside, 6th Floor, 185 Park Street, London, United Kingdom, SE1 9SH.
I1.2 Significant joint ventures and their activities
| Name of entity | Place of incorporation and principal place of business | Holding of issued ordinary shares % | Activity |
|---|---|---|---|
Daunus Limited* | England and Wales | 20% | Property |
*The BBC holds 20% of the total share capital of Daunus Limited but 66% of the voting rights. Other shareholders retain certain veto rights and therefore this entity is recognised as a joint venture.
Daunus Limited financial statements are prepared under FRS 102 and to a year-end date of 30 November. Its registered address is 1 Bartholomew Ln, City of London, London EC2N 2AX.
Directly owned commercial subsidiaries: (all 100% owned unless stated)
| Name of entity | Registered address |
|---|---|
BBC Commercial Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Property Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Property Investment Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Property Development Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Clann Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
Centre House Productions Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC News International Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Free to View (Satellite) Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Free to View Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Media Applications Technologies Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Subscription Television Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC World Service Trading Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC World Service Investment Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC World Service Holdings Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Pension Trust Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Furbs Trustee Limited | Broadcasting House, Portland Place, London, England, W1A 1AA |
BBC Brasil do Communicado | Rua Ferreira de Araujo, 741 Andar 1, Pinheiros, São Paulo, SP 05428-002 Brazil |
Creative Industries New Entrants Scheme Limited | Broadcasting House, 2 Ormeau Avenue, Belfast, United Kingdom, BT2 8HQ |
BBC East Asia Relay Company Limited (99% owned) | 30th Floor Jardine House One Connaught Place Hong Kong |
BBC World Service Hong Kong Limited | 31st Floor, Citicorp Centre, 18 Whitefield Road, Hong Kong |
BBC Pakistan (Pvt) Limited | House 28, Street 8, Sector F-7/3, Islamabad |
BBC News USA Inc | 2000 M St NW, Suite 800, Washington DC 20036 |
BBC Morocco SA | Angle avenue Mohamed V et rue El Khalil, 3ème étage, appartement 9 Rabat, Morocco |
BBC Tanzania Limited (99% owned) | Plot no. 265/266 Mikocheni Dar Es Salaam |
BBC Ukraine LLC (99.9% owned) | 42/44, Shovkovychna str., 01004, Kyiv, Ukraine |
BBC Kyiv LLC | 42/44, Shovkovychna str., 01004, Kyiv, Ukraine |
BBC World Service India Private Limited | 1st Floor, Tower C, Max House, Village Bahapur, Okhla Station Road, Okhla Industrial Estate, Okhla Phase III, New Delhi 110020, India |
BBC News (Asia Bureau) Pte Limited | 8 Wilkie Road #03-01, Wilkie Edge, Singapore 228095 |
British Broadcasting Corporation Nigeria Ltd | Heritage Place 21, Lugard Avenue, Ikoyi Lagos, Nigeria |
BBC Radio Services Nigeria Limited | Heritage Place 21, Lugard Avenue, Ikoyi Lagos, Nigeria |
BBC Korea Ltd | Seoul Square (8th Floor), 416 Hangang-daero, Jung-gu, Seoul, Korea |
BBC DRC SARL | 95 C, Avenue de la Justice, Quartier Lemera, Commune de la Gombe |
BBC Bangladesh Ltd (99% owned) | Noor Tower (14th Floor), 110, BUCR. Dutta Road, Dhaka – 1205, Bangladesh |
Indirectly owned commercial subsidiaries: (all 100% owned unless stated)
| Name of entity | Registered address |
|---|---|
BBC Studios Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studioworks Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Distribution Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
2Entertain Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
2Entertain Management Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
2Entertain Video Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Red Bluff UK Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Shy & Lola Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Video Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
MCI Music Publishing Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Demon Music Group Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Demon Music Ireland Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC.com Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Crimson Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
F-Beat Records Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Demon Records Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Earth MD (WWD) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Earth Productions (Life) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Earth Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Earth Productions (Africa) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Earth Productions (Giant Films) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Earth Film Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Magazine Holdings Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Corporate Services Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Investments Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Drama Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Tonto Films and Television Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Channel Investments Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Mortimer Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
UK Programme Distribution Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BEEB Rights Limited (88% owned)* | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Global News Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC World Distribution Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Grafton House Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Comedy Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Natural History and Factual Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Kids and Family Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Nice and Accurate Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Productions (Clifton) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Multi Genre Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Productions (Kidnapped) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Productions (Time) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Studios Productions (Time2) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Productions Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Productions (Changing Ends) Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Manchester Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Productions (Chivalry) Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Productions (Partridge) Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Productions (Red Dwarf) Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Productions (Stuffed) Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Films Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Films (OFTM) Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow (B and M) Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Productions (Bill’s Included) Limited (75%) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Alan Partridge Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Productions (Witchfinder) Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Baby Cow Animation Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Bunny Munro Limited (formerly Uncle Steve Limited) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Alice and Steve Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Deadpoint Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Clerkenwell Films Ltd | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Trig Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Bird Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Sherwood2 Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Element Wonder Limited (50% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Majorca Productions Limited (50% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Ginger Snaps TV Limited (50% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House DMC Arrival Limited (50% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Conclave Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House LAL Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Pictures Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Ref Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Sherwood Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Six Four Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Belladonna Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BritBox International Trading Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BritBox International Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Philomena Lee Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Quite Funny Films Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Quite Persuasive Films Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Quite Scary Films Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Recall TV Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Two+Two=5 Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Lost Child Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
The Last Holiday Limited (75% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (Corfu) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (Costello Jones) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (Extraordinary) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (Extraordinary 2) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (Gaiman) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (KE2) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (KE3) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (KE4) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (Killing Eve) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (Ragdoll) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (Grace) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (Honey) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (SS-GB) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (TD4) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Wild Films Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Sid Gentle Films (The Durrells) Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
BBC Pension Investment Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
As Yet Unnamed Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Jayia Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Firebird Pictures Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Mitrageous Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Small Pier Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Starve Acre Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
House Mint Limited (50% owned) | 1 Television Centre, 101 Wood Lane, London W12 7FA |
EHV Films Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Denipurna Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Voltage TV Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
Wilder (UK) Productions Limited | 1 Television Centre, 101 Wood Lane, London W12 7FA |
UKTV Media Holdings Limited | 10 Hammersmith Grove, London W6 7AP |
UKTV Media Limited | 10 Hammersmith Grove, London W6 7AP |
ThinkBox TV Limited (25% owned) | Holborn Gate, 326-330 High Holborn, London, Greater London, WC1V 7PP |
BBC Studios Japan Limited | Tokyo Club Bldg., 10F, 3-2-6 Kasumigaseki, Chiyoda-ku, Tokyo 100-0013, Japan |
Lookout Point Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
A Suitable Company Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
AMP 1 Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Evergreen Television Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Off Stone Productions Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Lookout Point (DP) Production Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Lookout Point (FUMP) Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Lookout Point Management Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Lookout Point (T&T) Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
LOOKOUT POINT (LES MISERABLES) Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
LOOKOUT POINT (SHIBDEN) Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Lookout Point (LT5) Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Lookout Point Acquisition Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Lookout Point (The Collection) Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Lookout Point (HV3) Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
Lookout Point (January) Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
White Hart Lane Productions Limited | Hammer House, 113-117 Wardour Street, London, United Kingdom W1F 0UN |
BBC Studios Canada Limited | 145 King Street West, Suite 740, Toronto ON M5H 1JH, Canada |
BBC Studios Productions (Clifton) Canada Inc | Suite 3200, Bay Adelaide Centre, North Tower, 40 Temperance Street ON ON M5H 0B4, Canada |
BBC Studios France | 28, Cours Albert Premier, 75008, Paris, France |
BBC Studios Benelux B.V. | Weesperplein 4b, 1018 XA Amsterdam, Netherlands |
BBC Studios Americas Incorporated | 1120 Avenue of the Americas, 5th Floor, New York, NY 10036-6700, United States |
BBC Studios Americas (401) k Plan – Trustees | 1120 Avenue of the Americas, 5th Floor, New York, NY 10036-6700, United States |
BB Rights LLC | 1120 Avenue of the Americas, 5th Floor, New York, NY 10036-6700, United States |
BritBox LLC | 1120 Avenue of the Americas, 5th Floor, New York, NY 10036-6700, United States |
Adjacent Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Bad Wolf Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
BBC Studios Reality Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Global Hybrid Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Lime Grove Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Sun Never Sets Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Frankie and Jude Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Sixth Ave Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Picea Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Sticky Toffee Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Wood Lane Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
A&P Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
BBC Studios Development Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
WNT Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
Studios Competition Productions LLC | 10351 Santa Monica Boulevard, Los Angeles, CA 90025, United States |
BBC Studios Singapore PTE Limited | 18 Robinson Road, #13-01 18 Robinson, Singapore 048547 |
BBC Studios Nordic ApS | Klosterstraede 9, 1157, Copenhagen, Denmark |
BBC Studios Nordic Productions A/S | Strandiodsvej 44.4, 2300 Copenhagen, Denmark |
BBC Studios Nordic Productions AB | Norra Bulltoftavagen, 65F 212 43 Malmo, Sweden |
BBC Studios Nordic Productions AS | Marcus Thranes gate 2, 0473, Oslo, Norway |
BBC Studios Americas Investments Incorporated | The Corporation Trust Company, Corporation Trust Centre, 1209 Orange Street, Wilmington 19801, United States |
JV Programs LLC (50% owned) | The Corporation Trust Company, Corporation Trust Centre, 1209 Orange Street, Wilmington 19801, United States |
BBC Studios Australia Holdings Pty Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
BBC Studios Australia Pty Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
BBC Studios Australia BB Pty Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
BBC Studios Productions Australia Pty Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
BritBox Australia Partnership | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
BritBox Australia Management (PTY) Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
BritBox SVOD Australia PTY Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
BBC SNS Productions Pty Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
Ghosts Productions Pty Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
The Office Production Pty Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
Red Bluff WA Productions Pty Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
Blue Street Post Pty Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
Paradise Productions No.1 PTY Limited | Level 3, 2 Blue Street, North Sydney, NSW 2060, Australia |
BBC Studios Germany GmbH | Kaiser-Wilhelm-Ring 17-21, 50672 Köln, Germany |
Erste Weltweit Medien GmbH | Kaiser-Wilhelm-Ring 17-21, 50672 Köln, Germany |
BBC Worldwide Holdings B.V. | Basisweg 10 1043 AP Amsterdam, Netherlands |
BBC Studios India Private Limited | 502, Fifth Floor, Windsor Off Cst Road Kalina, Santacruz (East), Mumbai City, Maharashtra, 400098 |
BBC Studios Africa (Pty) Limited | 24 18th Street, Menlo Park 0081, Mazars House, 5 St Davids Place, Parktown 2193, South Africa |
BBC Studios Intermediadora de Programadora Estrangeira Limited | Rua Ferreira de Araujo, 741, Andar 1, Pinheiros, São Paulo SP 05.428-002, Brazil |
BBC Studios Polska Sp. z o.o. | Pl. Bankowy 1, 00-139 Warszaw, Poland |
Worldwide Knowledge (Beijing) Business Consulting Company Limited | A05-A06, Room 1001, Unit 1, Building 9, Dongdagiao Road, Chaoyang District, Beijing, China |
BBC Studios Productions Africa (Pty) Limited | 24 18th Street, Menlo Park 0081, Mazars House, 5 St Davids Place, Parktown 2193, South Africa |
Rapid Blue Pty Limited | 263 Oak Avenue, Ferndale, Randburg, Johannesburg, 2194, South Africa |
Rapid Blue Production Nigeria Limited (99% owned) | 1 Hotsports Drive, Via Kudirat Abiola Road, Oregun, Lagos, Nigeria |
Rapid Blue Africa Limited | 7 Sowemimo Street, GRA Ikeja, Lagos, Nigeria |
Rapid Blue Formats Limited (38% owned) | 25 Akintan Street, Dideolu Court, Ogba, Lagos, Lagos 23401, NG |
BBC Studios Sweden AB | Hangövagen 29, 115 41, Stockholm |
BBC Global News (India) Private Limited | 6th Floor, H T House, K G Marg, New Delhi, 110 001, India |
BBC Global News US.LLC | Corporation Service Company, 80 State Street, Albany, New York, 12207-2543, United States |
LLC BBC Holding | Bakhrushina Street 32, bldg. 1, Moscow, 115054, Russian Federation |
LLC BBC R News | Bakhrushina Street 32, bldg. 1, Moscow, 115054, Russian Federation |
BBC Lebanon LLC | Aref Law. Snoubra, Itani St., Chahine Bldg, First Floor, PO Box 135207 |
Werner Film Group Holdings Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Werner Film Projects Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Werner Film Productions Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Dance Academy Series 3 Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Bent Productions SPV Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Newsreader Holdings Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Crazy Fun Park Productions Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Newsreader Productions Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Newsreader 2 Productions Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Newsreader 3 Productions Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Surviving Summer Productions Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Surviving Summer 2 Productions Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Knee High Spies Productions Pty Ltd | 184 Brunswick Street, Fitzroy, Vic 2065 |
Goolagong Productions Pty Ltd | 184 Brunswick Street, Fitzroy, Vic 2065 |
Scales Productions Pty Limited | 184 Brunswick Street, Fitzroy, Vic 2065 |
Moyne River Pty Ltd (99%) | 184 Brunswick Street, Fitzroy, Vic 2065 |
Brutal Media S.L.U. | calle Berlines, 46, Barcelona, 08022, Spain |
Brutal Media Producciones 3 Slu | calle Berlines, 46, Barcelona, 08022, Spain |
Primavera Producciones 2 Slu | calle Berlines, 46, Barcelona, 08022, Spain |
Brutal Lectores Slu | calle Berlines, 46, Barcelona, 08022, Spain |
Otoño Producciones Slu | calle Berlines, 46, Barcelona, 08022, Spain |
Brutal Media Producciones Slu | calle Berlines, 46, Barcelona, 08022, Spain |
Studio 87, Sl | calle Berlines, 46, Barcelona, 08022, Spain |
Egb La Película, Aie | calle Berlines, 46, Barcelona, 08022, Spain |
L’Odissea Serie, Sl | calle Berlines, 46, Barcelona, 08022, Spain |
L’Odissea 2A Temporada SLU | calle Berlines, 46, Barcelona, 08022, Spain |
Enero Producciones Sl | calle Berlines, 46, Barcelona, 08022, Spain |
Primavera Producciones Slu | calle Berlines, 46, Barcelona, 08022, Spain |
Invierno Producciones Slu | calle Berlines, 46, Barcelona, 08022, Spain |
Tempestad Producciones S.L. | calle Berlines, 46, Barcelona, 08022, Spain |
Brutal Media Producciones 2 Slu | calle Berlines, 46, Barcelona, 08022, Spain |
Odissea Canaria S.L. | Avenida Ángel Guimerà 26, 3º, Puerta 9, 38003 Santa Cruz de Tenerife, Spain |
MSM-Worldwide Factual Media Private Limited | Interface Building No. 7, 4th Floor, Off Malad Link Road, Malad (West), Mumbai, 400 064, India |
Boffola (Droid) Limited (40% owned) | 27 Noel Street, London, England, W1F 8GZ |
Boffola Pictures Limited (40% owned) | 27 Noel Street, London, England, W1F 8GZ |
Boffola (Pigeon) Limited (40% owned) | 27 Noel Street, London, England, W1F 8GZ |
Boffola Productions 2 Limited | 27 Noel Street, London, England, W1F 8GZ |
Copbury Productions Limited | 27 Noel Street, London, England, W1F 8GZ |
BBC News Internatioanl (Australia) Pty Limited | c/o HWLE Lawyers, Level 9, 5 Martin Place, Sydney, NSW 2000, Australia |
Children’s Character Books Limited (25% owned) | One Embassy Gardens, 8 Viaduct Gardens, London, United Kingdom, SW11 7BW |
Expectation Entertainment Limited (23% owned) | 8b Ledbury Mews North, London, England, W11 2AF |
Mettlemouse Entertainment Limited (25% owned) | Riverside Studios, 101 Queen Caroline Street, London, England, W6 9BN |
Samphire Films Limited (25% owned) | 35 Marine Terrace, Margate, United Kingdom, CT9 1XJ |
Turbine Studios Limited (20% owned) | 9a Dallington Street, London, England, EC1V 0BQ |
Various Artists Limited (25% owned) | 15 D’Arblay Street, London, England, W1F 8DZ |
BBC News Polska sp. z o.o | Plac Bankowy, No. 1, Warsaw 00-139, Poland |
Russia - BBC R News Limited | Podkopaevsky Lane 4, Business Centre Ivanovskaya Gorka, Building B, 2nd Floor, 109028 Moscow, Russia |
BBC Holding M Limited | Podkopaevsky Lane 4, Business Centre Ivanovskaya Gorka, Building B, 2nd Floor, 109028 Moscow, Russia |
* BBC Studios Distribution Limited holds 88.4% of issued share capital but the non-controlling shareholders have no right to distributions.
I2 Reserves
Operating reserve
The operating reserve reflects accumulated profits to date.
Hedging reserve
The hedging reserve is used to record the effective portion of cumulative net changes in the fair value of cash flow hedging instruments, related to hedged transactions that have not yet occurred (net of tax). During the current year, losses of £6 million were removed from the hedging reserve and debited to income in the consolidated expenditure statement (2025: £17 million losses).
Translation reserve
The translation reserve is used to record exchange differences arising from the retranslation of the net assets and results of overseas subsidiaries. This includes all foreign exchange differences arising since the transition to IFRS, from the translation of the financial statements of foreign operations, as well as from the translation of liabilities that hedge the BBC’s net investment in foreign subsidiaries.
Other reserves
Other reserves include the fair value of put option liabilities arising on acquisition of subsidiaries and the difference between the cost of investment and net assets of entities acquired which are held under common control.
I3 Post balance sheet events
There have been no significant events affecting the Group since the year end.
