: notes to the accounts :
17. Current asset investments
| all figures in £ millions |
1999
|
1998
|
||
|
valuation
|
book value
|
valuation
|
book value
|
|
| Unlisted |
4
|
4
|
5
|
5
|
| Businesses held for resale |
––
|
––
|
148
|
148
|
|
|
|
|
||
|
4
|
4
|
153
|
153
|
|
|
|
|
|
||
Note : Investments are at directors’ valuations. If all investments were realised at valuation there would be no liability for taxation.
| all figures in £ millions | |
| Summary of movements | |
| At 31 December 1998 |
153
|
| Exchange differences |
5
|
| Owned by businesses acquired (see note 25) |
27
|
| Disposals |
(181)
|
|
|
|
| At 31 December 1999 |
4
|
|
|
|
Note : During the year Simon & Schuster businesses held for resale were sold for £184m (less costs accrued of £5m) and other current asset investments for £2m.
 |
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