RWS Annual Report 2022 web - Flipbook - Page 155
7. INVESTMENTS
Cost and net book value at beginning of year
Increase in investments
Cost and net book value at end of year
2022
£m
2021
£m
725.5
93.0
3.1
632.5
728.6
725.5
The increase in investments in the year for capital contributions relating to share-based payments made by the Parent
Company to employees of its subsidiary undertakings. The prior year increase in investments in the year comprises
£625.5m for the acquisition of SDL plc, as well as £6.4m in respect of the liability to tax authorities on behalf of
employees on net settlement of share options (see note 24). The remaining £0.6m related to capital contributions relating
to share-based payments made by the Parent Company to employees of its subsidiary undertakings.
The Directors consider that the value of the Parent Company’s fixed asset investments, which are listed below, is
supported by their underlying profitability.
Subsidiary undertaking
Registered address
Nature of business
Alpha Translations Canada Inc.
421 - 7th Avenue SW Calgary Alberta T2P
4K9 Canada
Technical and legal translations
RWS Information US LLC
426 Industrial Avenue Suite 150,
Williston VT 5495 USA
IP information searches
Corporate Translations Inc
101 East River Drive East Hartford,
Connecticut CT 06108 USA
Translation and linguistic validation
Inovia LLC
RWS US Holding Co. Inc.
251 Little Falls Drive, City of Wilmington,
Patent translations
County of Newcastle , Delaware, USA 19808 Holding company
Lawyers’ and Merchants’ Translation Bureau
Inc.
11 Broadway Ste 466 New York NY 10004
USA
Technical and legal translations
LUZ, Inc.
555 Montgomery Street Suite 720
San Francisco CA 94111 USA
Translation and linguistic validation
RWS Group Deutschland GmbH
Joachimsthaler Str. 15, 10719 Berlin
Germany
Technical and legal translations
KK RWS Group
Jimbocho Kita Tokyu Building, 4F 3-1-16
Patent, technical and legal
Kanda-Misakicho, Chiyoda-ku, Tokyo, Japan, translations
101-0061
RWS Life Sciences International SA
Avenue Mon-Repos 14
1005 Lausanne Switzerland
Translation and linguistic validation
Inovia Holdings Pty Limited
Suite 4 Level 12 45 Clarence Street
Sydney NSW 2000 Australia
Patent filing
Beijing RWS Science & Technology
Information Consultancy Co. Ltd
A601, Floor 6th, Building B-2, Northern
Territory, Zhongguancun, Dongsheng
Technology Park, No. 66 Xixiaokou Road,
Haidian District, Beijing, China 100192
Patent, technical and legal
translations
LLC SDL Ukraine
Business center SP Hall, Office 604, 28 A
(letter G), Stepana Bandery avenue
Kiev, Ukraine
Localisation services
Moravia US Holding Company, Inc.
Moravia US Intermediate Holding Company,
LLC
Corporation Service Company, 2711
Centerville Road, Suite 400, City of
Wilmington, County of New Castle,
Delaware 19808 USA
Holding company
Holding company
Moravia IT, LLC
223 E Thousand Oaks Blvd, Suite 202,
Thousand Oaks CA 91360 USA
Localisation services
NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS
RWS — Annual Report 2022
155