Notes to the
Accounts

15 Other fixed asset investments
Cost
	2004		2003 restated
All figures in £ millions	Valuation	Book value	Valuation	Book value
Unlisted other fixed asset investments	17	17	21	21
Note The valuations of unlisted investments are directors' valuations as at 31 December 2004. If realised at valuation there would be an estimated liability for taxation of £nil (2003: £nil). Other fixed asset investments have been restated for the adoption of UITF 38 (see note 24).
All figures in £ millions				Total
At 31 December 2003 restated				59
Exchange differences				(2)
Additions				1
Disposals				(25)
At 31 December 2004				33
Provision
At 31 December 2003 restated				(38)
Exchange differences				1
Provision written back in the year				4
Disposals				17
At 31 December 2004				(16)
Net book value
At 31 December 2003 restated				21
At 31 December 2004				17

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