Details and estimates of maximum amounts of contingent liabilities are as follows:
Parent entity
2010 2009
$’000 $’000
Bank guarantees in respect of contracts of wholly owned companies 118,902 92,480
Insurance bonds in respect of contracts of wholly owned companies 146,281 164,592
265,183 257,072
Transfield Services’ share of bank guarantees in respect of contracts of joint ventures 29,351 26,919
294,534 283,991
The Parent entity has entered into an unsecured Multi Option Bilateral Facility agreement under which bank
guarantees and letters of credit are provided.
Bank guarantees and insurance bonds (excluding joint ventures and non-wholly owned companies)
Used 265,183 257,072
Unused 165,950 192,789
Total facility 431,133 449,861
The Parent entity is, in the normal course of business, called upon to give guarantees and indemnities in respect of the performance by controlled entities,
associates, related parties and joint venture entities and partnerships of their contractual and financial obligations. These guarantees and indemnities only
give rise to a liability where the respective entity fails to perform its contractual obligations and the guarantee is called upon. The Parent entity has a
formal deed of guarantee to these entities. The directors are not aware of any material claims on the Parent entity.
d) C apital commitments
The Parent entity has no capital commitments at 30 June 2010.
e) I nvestments in controlled entities
C lass ofU ltimate C ost of Parent
C ountry of    shares as E quity entity’s
incorporation app licable H olding investment
2010 2009 2010 2009
% % $ 000 $ 000
Transfield Services (Holdings) Pty Limited Australia Ordinary 100 100 63,175 -
Transfield Services (Australia) Pty Limited Australia Ordinary 100 100 9,002+ 7,704+
Transfield Services (International) Pty Limited Australia Ordinary 100 100 -
Transfield Services (New Zealand) Limited New Zealand Ordinary 100 100 442+ 442+
Transfield Metrolink Pty Limited Australia Ordinary 100 100 - -
Transfield Services Engineering Group Pty Limited Australia Ordinary 100 100 - -
Collinsville Operations Pty Limited Australia Ordinary 100 100 - -
Transhare Plan Company Pty Limited Australia Ordinary 100 100 - -
Transfield Services (Asia) Sdn Bhd Malaysia Ordinary 100 100 - -
Transfield Services (Malaysia) Sdn Bhd Malaysia Ordinary 100 100 - -
(In Members Voluntary Liquidation)
Transfield Services (Brisbane Ferries) Pty Limited Australia Ordinary 100 100 - -
Broadspectrum Resources Pty Limited (In Liquidation) Australia Ordinary 100 100 - -
Broadspectrum Australia Pty Limited Australia Ordinary 100 100 - -
Broadspectrum Australia (WA) Pty Limited Australia Ordinary 100 100 - -
Broadspectrum Australia (QLD) Pty Limited Australia Ordinary 100 100 - -
Global Broadspectrum Sdn Bhd Malaysia Ordinary 100 100 - -
Transfield Services Mauritius Limited Mauritius Ordinary 100 100 - -
(formerly Global Broadspectrum CCM Limited )
Broadspectrum Pte Limited Singapore Ordinary 100 100 - -
APP Corporation Pty Limited Australia Ordinary 100 100 - -
APP Corporation (NZ) Limited New Zealand Ordinary 100 100 - -
APP Corporation (North America) Limited USA Ordinary 100 100 - -
Transfield Services North America Transportation USA Ordinary 100 100 227+ 175+
Infrastructure (formerly VMS, Inc.)
Transfield Services Canada (Holdings) Ltd Canada Ordinary 100 100 - -
Transfield Services Canada Ltd Canada Ordinary 100 100 532+ 344+
Canadian Services & Maintenance Ltd Canada Ordinary 100 100 - -