20. Interests In Other Entities
a. Material subsidiaries
The Company's principal subsidiaries at 30 June 2020 are set out below. Unless otherwise stated, they have share capital consisting solely of ordinary shares that are held directly by the Company, and the proportion of ownership interests held equals the voting rights held by the Company. The country of incorporation or registration is also their principal place of business.
Name of entity | Place of business/ country of incorporation | Ownership interest held by the group | Principal activities | |
2020 | 2019 | |||
ASC AWD Shipbuilder Pty Ltd | Australia | 100.0 | 100.0 | Part of the alliance executing the AWD program |
ASC OPV Shipbuilder Pty Ltd | Australia | 100.0 | 100.0 | Construction of two Offshore Patrol Vessels |
ASC Modules Pty Ltd | Australia | 100.0 | 100.0 | Dormant |
Deep Blue Tech Pty Ltd | Australia | 100.0 | 100.0 | Dormant |
All subsidiaries have reporting dates of 30 June.
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https://www.transparency.gov.au/annual-reports/asc-pty-ltd/reporting-year/2019-20-35