22. Principal group companies The companies listed below include those which principally affect the profits and assets of the group. The operating companies listed below may carry on the business described in the countries listed in conjunction with their subsidiaries and other group companies. | | | | | | | | | | | | | | | | Country of incorporation | Country of operation | Percentage of equity owned(1) | Business description | Subsidiaries | | | | | Diageo Ireland | Ireland | Worldwide | 100% | Production, marketing and distribution of premium drinks | Diageo Great Britain Limited | England | Great Britain | 100% | Marketing and distribution of premium drinks | Diageo Scotland Limited | Scotland | Worldwide | 100% | Production, marketing and distribution of premium drinks | Diageo Brands B.V. | Netherlands | Worldwide | 100% | Marketing and distribution of premium drinks | Diageo North America, Inc. | United States | Worldwide | 100% | Production, importing, marketing and distribution of premium drinks | United Spirits Limited(2) | India | India | 55.94% | Production, importing, marketing and distribution of premium drinks | Diageo Capital plc(3) | Scotland | United Kingdom | 100% | Financing company for the group | Diageo Capital B.V.(3) | Netherlands | Netherlands | 100% | Financing company for the group | Diageo Finance plc(3) | England | United Kingdom | 100% | Financing company for the group | Diageo Investment Corporation | United States | United States | 100% | Financing company for the US group | Mey İçki Sanayi ve Ticaret A.Ş. | Turkey | Turkey | 100% | Production, marketing and distribution of premium drinks | Associates | | | | | Moët Hennessy, SAS(4) | France | France | 34% | Production, marketing and distribution of premium drinks |
(1) All percentages, unless otherwise stated, are in respect of holdings of ordinary share capital and are equivalent to the percentages of voting rights held by the group. (2) Percentage ownership excludes 2.38% owned by the USL Benefit Trust. (3) Directly owned by Diageo plc. (4) French limited liability company.
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