|
|
Note 2 - Realised profits on disposal of investments |
|
|
|
|
|
2004
£m |
2003
£m |
Net proceeds |
923 |
976 |
Opening valuation of investments disposed |
(653) |
(755) |
Investments written off |
(50) |
(79) |
Other |
8 |
48 |
Realised profits on disposal |
228 |
190 |
Represented by: |
|
|
Listed |
21 |
8 |
Unlisted |
207 |
182 |
|
228 |
190 |
Other includes £4 million (2003: £50 million) in respect of
subordinated liabilities no longer repayable, as explained in note 39. |
|
|
|
|