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Note 42 - Unrealised appreciation     2004  £m  2003  £m  Unrealised appreciation represents the difference between the original cost of investments  and their carrying value, less charges     Opening balance after tax (752)  258  Value deficit/(surplus) realised 66  (38)  Value deficit written back on realisation 152  189  Change in value surplus 336  (1,159)  Carried interest (32)  (6)  Tax credit –  4  Movement for the year 522  (1,010)  Closing balance after tax (230)  (752)