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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.

Material subsidiaries

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.