NOTES TO THE FINANCIAL STATEMENTS CONTINUED
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| 17. FIXED ASSET INVESTMENTS | Shares in Associated Undertakings |
Unlisted Investments |
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| The Group | £m | £m | ||
| Cost or valuation | ||||
| At 31 March 1998 | 20.7 | 3.0 | ||
| Movements in year: | ||||
|
1.1 | 0.4 | ||
|
12.9 | 5.0 | ||
|
20.0 | |||
|
(10.0) | |||
| At 31 March 1999 | 44.7 | 8.4 | ||
| The Group’s share of retained profits of the associated undertakings at 31 March 1999 is £16.3 million (1998 £6.3m). | ||||
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| The principal associated undertakings are as follows: | ||||
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| Name | Country of incorporation | Class of shares held | % interest |
Nature of business | ||
| First American Real Estate Solutions | USA | * | 20 | Information services | ||
| GUS Finance Limited | Great Britain | Ordinary | 50 | Financial services | ||
| MCL Software Limited | Great Britain | Ordinary | 49 | Information services | ||
| Motorfile Limited | Great Britain | Ordinary | 50 | Information services | ||
| TNT White Arrow Express Limited | Great Britain | Ordinary | 50 | Distribution | ||
| CMV Bank NV | Holland | Ordinary | 33.33 | Consumer lending | ||
| Experian Deutschland GmbH & Co KG | Germany | Ordinary | 50 | Information services | ||
| Tellsell Consulting GmbH | Germany | Ordinary | 25 | Information services | ||
| Pan-adress | Germany | Ordinary | 37.5 | Information services | ||
| *First American Real Estate Solutions is a US partnership
whose principal place of business is in California. All interests in asscoiated undertakings are held by subsidiary undertakings. |
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|
Group Undertakings |
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| The Company | £m | |
| Cost or valuation | ||
| At 31 March 1998 | 1,728.5 | |
| Movements in year: | ||
|
2,090.9 | |
|
(1,887.7) | |
| At 31 March 1999 | 1,931.7 | |