30. Contingent Liabilities 31. Related Party Transactions 32. Post Balance Sheet Events 33. Details Of Principal Subsidiary Undertakings, Associates & Joint Ventures The Company is aware of the following matters, which involve or may involve legal proceedings against the Group: i) Claims and potential claims by or on behalf of current and former employees, including former employees of the Central Electricity Generating Board (CEGB), and contractors in respect of industrial illness and injury. Innogy has agreed to indemnify the Company on an after-tax basis to the extent of 50% of any liability that we may incur whether directly or indirectly as a consequence of those proceedings to the extent such liability is not insured by Electra Insurance Limited. ii) In June 1994 a complaint was made by the National Association of Licensed Opencast Operators (NALOO) to the European Commission against the Company, PowerGen plc, British Coal Corporation and HM Government. The complaint alleges violations of EU Competition law arising out of the coal purchasing arrangements entered into by the CEGB prior to 1 April 1990 and requests the Commission to find that the CEGB's practices violated EU law. NALOO alleges that such a finding would be grounds for a claim for damages in the English courts by members of NALOO. The European Court has ruled that the Commission is under an obligation to investigate the complaint by NALOO. The Company, PowerGen plc, British Coal Corporation and the Commission are appealing against the ruling. It is not practicable to estimate legal costs or possible damages, at this stage. Innogy has agreed to indemnify the Company on an after-tax basis to the extent of 50% of any liability that the Company may incur whether directly or indirectly as a consequence of those proceedings. The Directors are of the opinion, having regard to legal advice received, the Group's insurance arrangements and provisions carried in the balance sheet, that it is unlikely that the matters referred to above will, in aggregate, have a material effect on the Group's financial position, results of operations, and liquidity. Various growth and expansion projects are supported by bonds and letters of credit issued by the Company totalling £384 million. The Company has issued guarantees totalling £74 million. £10 million of this is in respect of the loan facilities of its Elcogas investment. This facility is repayable by Elcogas in 2003. The guarantee relating to Elcogas was provided for in the year ended 31 December 2001.
In the course of normal operations, International Power Global Developments Limited, a wholly-owned subsidiary undertaking, has contracted on an arms length basis to provide power station operation and maintenance services to joint ventures and associated undertakings. During the year the Group derived income of £16 million (nine month period ended 31 December 2000: £12 million) from these arrangements. Included in creditors is £3 million in relation to these contracts.
There were no material post balance sheets events to the date of this report.
 | | Name and nature of business | | Country of incorporation and registration | | Percentage shareholding | | | Hazelwood Finance Limited Partnership (financing company) * | | Australia | | Partners' Capital | | 75% | | | Hazelwood Power Partnership (power generation) * | | Australia | | Partners' Capital | | 92% | | | Elektrárny Opatovice AS (power generation) * | | Czech Republic | | Ordinary Shares | | 99% | | | International Power Global Developments Limited (project development - overseas) | | England and Wales | | Ordinary Shares | | 100% | | | Pelican Point Power Limited (power generation) | | England and Wales | | Ordinary Shares | | 100% | | | Rugeley Power Limited (power generation) | | England and Wales | | Ordinary Shares | | 100% | | | Deeside Power Development Company Limited (power generation) | | England and Wales | | Ordinary Shares | | 100% | | | National Power International Holdings BV (investment holding company) * | | The Netherlands ** | | Ordinary Shares | | 100% | | | Synergen Power Pty Limited (power generation) * | | Australia | | Ordinary Shares | | 100% | | | Thai National Power Company Limited (power generation) * | | Thailand | | Ordinary Shares | | 100% | | | Midlothian Energy Limited Partnership (power generation) * | | US | | Partners' Capital | | 100% | | | Milford Power Limited Partnership (power generation) * | | US | | Partners' Capital | | 100% | | | ANP Funding I LLC (financing company) * | | US | | Ordinary Shares | | 100% | | | International Power (Cayman) Limited (financing company) | | Cayman Islands ** | | Ordinary Shares | | 100% | | | International Power (Europe) Limited (financing company) | | England and Wales | | Ordinary Shares | | 100% | | | ANP Blackstone Energy Company, LLC (power generation) * | | US | | Ordinary Shares | | 100% | | | ANP Bellingham Energy Company, LLC (power generation) * | | US | | Ordinary Shares | | 100% | | | Hays Energy Limited Partnership (power generation) * | | US | | Partners' Capital | | 100% | | | Al Kamil Power Company SAOC (power generation) * | | Oman | | Ordinary Shares | | 100% | | | All subsidiary undertakings operate in their country of incorporation, except as indicated below. | All subsidiary undertakings have December year ends except as indicated below. | | * Held by an intermediate subsidiary undertaking. | Subsidiary undertakings with March year ends. | Operates in Australia. | ** Operates in the UK. |  |  | Name and nature of business | | Country of incorporation, registration and operation | | Accounting period end | | Percentage shareholding | | | Malakoff Berhad (power generation) | | Malaysia | | 31 August | | Ordinary Shares | | 19% | | | The Hub Power Company Limited (power generation) * | | Pakistan | | 30 June | | Ordinary Shares | | 26% | | | Carbopego - Abastecimento de Combustiveis, SA (fuel supplies) * | | Portugal | | 31 December | | Ordinary Shares | | 33% | | | Pegop-Energia Electrica, SA (power station operations) * | | Portugal | | 31 December | | Ordinary Shares | | 45% | | | Tejo Energia - Producao e Distribuicao de Energia Electrica, SA (power generation) * | | Portugal | | 31 December | | Ordinary Shares | | 45% | | | Shuweihat CMS International Power Company (power generation) * | | UAE | | 31 December | | Ordinary Shares | | 20% | | | Uni-Mar Enerji Yatirimlari AS (power generation) | | Turkey | | 31 December | | Ordinary Shares | | 33% | | | * Held by an intermediate subsidiary undertaking. | | | | | | | | | | | | Name and nature of business | | Country of incorporation, registration and operation | | Accounting period end | | Percentage shareholding | | | Prazská Teplárenská AS (power generation) * | | Czech Republic | | 31 December | | Ordinary Shares | | 47% | | | Hartwell Energy Limited Partnership (power generation) * | | US | | 31 December | | Partners' Capital | | 50% | | | Oyster Creek Limited Partnership (power generation) * | | US | | 31 December | | Partners' Capital | | 50% | | | * Held by an intermediate subsidiary undertaking. | |  |