41061 Unite AR22 HI-RES WEB-READY - Flipbook - Page 240
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THE UNITE GROUP PLC | Annual Report and Financial Statements 2022
NOTES TO THE FINANCIAL STATEMENTS continued
Section 8: Alternative performance measures continued
EPRA loan to value
Investment property (owned)
2022
£m
31 Dec
2021
£m
5,396.8
4,864.8
202.7
324.1
18.3
16.1
5,617.8
5,205.0
139.2
155.5
Investment property (under development)
Intangibles
Total property value and other eligible assets
Cash at bank and in hand
Borrowings
(1,872.8)
(150.6)
(138.9)
(1,884.2)
(1,660.7)
Net other payables
EPRA net debt
(1,677.3)
EPRA loan to value
33.5%
31.9%
Section 9: Company subsidiaries and joint ventures
In accordance with Section 409 of the Companies Act 2006, a full list of subsidiaries and equity accounted investments
as at 31 December 2022 is disclosed below. Unless otherwise stated, the Group’s ownership interest represents 100%
of the ordinary shares, units or partnership capital held indirectly by Unite Group PLC. No subsidiary undertakings have
been excluded from the consolidation. The Unite Foundation has a year-end of 30 September to facilitate academic year
reporting. All other subsidiaries have a year-end of 31 December.
Registered office and principal place of business: South Quay House, Temple Back, Bristol, United Kingdom, BS1 6FL
LDC (AIB Warehouse) Limited (04872419)**
LDC (Portfolio Five) Limited (06079581)
LDC (Alscot Road) Limited (06176428)**
LDC (Portfolio Four) Limited (04985603)**
LDC (Brunel House) Limited (09760628)**
LDC (Portfolio One) Limited (03005262)**
LDC (Camden Court Leasehold) Limited (05140620)
LDC (Portfolio) Limited (08419375)**
LDC (Camden Court) Limited (05082671)
LDC (Project 110) Limited (05083580)**
LDC (Causewayend) Limited (08895966)
LDC (Project 111) Limited (05791650)**
LDC (Chantry Court Leasehold) Limited (05140258)**
LDC (Radmarsh Road) Limited (05435290)**
LDC (Chaucer House) Limited (09898020)**
LDC (Skelhorne) Limited (09898132)**
LDC (Constitution Street) Limited (09210998)**
LDC (Smithfield) Limited (03373096)
LDC (Construction Two) Limited (04847268)
LDC (St Leonards) Limited (08895830)**
LDC (Euro Loan) Limited (06623603)**
LDC (St Pancras Way) GP1 Limited (07359501)
LDC (Ferry Lane 2) GP3 Limited (07503842)**
LDC (St Pancras Way) GP2 Limited (07359428)
LDC (Ferry Lane 2) GP4 Limited (07503913)**
LDC (St Pancras Way) GP3 Limited (07503268)
LDC (Ferry Lane 2) Holdings Limited (07504099) (50.0%)
LDC (St Pancras Way) GP4 Limited (07503251)
LDC (Finance) Limited (09760806)**
LDC (St Pancras Way) Holdings Limited (07360734)
LDC (Greetham Street) Limited (08895825)
LDC (St Pancras Way) Limited Partnership**
LDC (Gt Suffolk St) GP1 Limited (07274156)
LDC (St Pancras Way) Management Limited Partnership**
LDC (Gt Suffolk St) GP2 Limited (07274000)
LDC (St Vincent's) Limited (10218310)**
LDC (Gt Suffolk St) Holdings Limited (07353946)
LDC (Swindon NHS) Limited (04207502)**
LDC (Gt Suffolk St) Limited Partnership**
LDC (Tara House) Limited (09214177)
LDC (Gt Suffolk St) Management GP1 Limited (07354719)
LDC (Thurso Street) GP1 Limited (07199022)
LDC (Gt Suffolk St) Management GP2 Limited (07354728)
LDC (Thurso Street) GP2 Limited (07198979)
LDC (Gt Suffolk St) Management Limited Partnership**
LDC (Thurso Street) GP3 Limited (07434001)
LDC (Hampton Street) Limited (06415998)
LDC (Thurso Street) GP4 Limited (07434133)
LDC (Hillhead) Limited (06176554)
LDC (Thurso Street) Limited Partnership**
LDC (Holdings) Limited (02625007)*
LDC (Thurso Street) Management Limited Partnership**
LDC (Imperial Wharf) Limited (04541678)**
LDC (Ventura) Limited (04444628)
LDC (International House) Limited (10131352)**
LDC (Vernon Square) Limited (06444132)
*
Held directly by the Company.
** Company is exempt from the requirements of the Companies Act relating to the audit of individual financial statements by virtue of
s479A for the financial year ended 31 December 2022.
