Financial Statements

Notes to the Group financial statements

for the year ended 31 March 2006

35. Related parties

The ultimate parent company of the Group is GUS plc which is incorporated in the United Kingdom. The principal subsidiary and associate undertakings at 31 March 2006 are shown in note 15 to the financial statements of the ultimate parent company.

The following transactions were carried out with related parties of the GUS Group:

Associates

During the year Experian companies made net sales and recharges, under normal commercial terms and conditions that would be available to third parties, to First American Real Estate Solutions LLC (‘FARES’) of £12m (2005: £10m). Amounts receivable from FARES are shown within note 20. These amounts outstanding are unsecured and will be settled in cash. No guarantees have been given or received in the year. No provisions have been made for doubtful debts in respect of the amounts owed by related parties.

Subsidiaries

During the year there were no other material related party transactions. Transactions between the ultimate parent company and its subsidiaries, and between its subsidiaries, have been eliminated on consolidation.

Key management personnel

Remuneration of key management personnel is disclosed in note 7. During the year there were no material transactions or balances between the Group and its key management personnel or members of their close family.