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33 Post balance sheet events

On 25 March 2010 the company paid a lump sum cash contribution to the pension scheme of £150m to help address part of the deficit.


34 Subsidiary and associated undertakings

Principal subsidiary companies as at 30 January 2010 were as follows:

John Lewis plc (Department Store retailing)
Ordinary shares – 100%
5% First Cumulative Preference Stock – 83.3%
7% Cumulative Preference Stock – 75.6%

Subsidiaries of John Lewis plc:
Herbert Parkinson Limited (Weaving and making up)
JLP Holdings BV (Investment holding company; incorporated in Holland;
subsidiary of JLP Victoria Limited)
JLP Insurance Limited (Insurance; incorporated and operating in Guernsey)
JLP Victoria Limited (Investment holding company)
John Lewis Car Finance Limited (Car finance)
John Lewis Properties plc (Property holding company)
Waitrose Limited (Food retailing)
John Lewis Scottish Partnership (Investment holding company)
John Lewis Scottish Partnership Limited (Investment holding company)

The whole of the ordinary share capital of the subsidiaries of John Lewis plc is held within the group. The list excludes non-trading companies which have no material effect on the accounts of the group. Except as noted above, all of these subsidiaries operate wholly or mainly in the United Kingdom and are registered in England and Wales or Scotland.