Notes to the accounts
Notes to the accounts list| 2005 £m |
2004 £m |
|
|---|---|---|
| Net proceeds | 1,302 | 923 |
| Opening valuation of investments disposed | (1,011) | (653) |
| Investments written off | (37) | (50) |
| Other | 6 | 8 |
| Realised profits on disposal | 260 | 228 |
| Represented by: | ||
| Listed | 27 | 21 |
| Unlisted | 233 | 207 |
| 260 | 228 | |
| Other includes £1 million (2004: £4 million) in respect of subordinated liabilities no longer repayable, as explained in note 37. | ||