McConnell Dowell 2021 Annual Review

FINANCIAL STATEMENTS 72 10. Investments in and loans to associates and others Note 2021 2020 All figures are in A$000's (a) Investment details Unlisted Investment in Dutco McConnell Dowell Middle East LLC - - Loan to Dutco McConnell Dowell Middle East LLC - - Net investment in and loans to associates and others - - Dutco McConnell Dowell Middle East LLC (DMDME) is an unlisted company based in Dubai in the United Arab Emirates. Subsidiaries of DMDME include McConnell Dowell Abu Dhabi LLC based in Abu Dhabi, Dutco McConnell Dowell Qatar LLC based in Qatar, Dutco McConnell Dowell Saudi Arabia LLC based in Saudi Arabia, Dutco McConnell Dowell Fabrication LLC based in Qatar and McConnell Dowell Gulf LLC based in Oman. The principal activities of the DMDME and its subsidiaries are civil, pipeline, mechanical, tunnelling & fabrication engineering and construction. The Group has a 50% share of DMDME and its subsidiaries. Consolidated Notes to the annual financial statements (continued) for the year ended 30 June 2021

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