 | 12 Investments – joint ventures | | | Shares
at cost
£m |
| Share of post
acquisition
reserves
£m |
| Loans
£m |
| Total
£m |  | | Group | | | | | | | | | | At January 1, 2000 | | 106 | | 23 | | 22 | | 1511 | | Exchange adjustments | | 3 | | — | | 1 | | 4 | | Transfer from subsidiary undertaking | | 4 | | — | | — | | 4 | | Additions | | 11 | | — | | 2 | | 13 | | Disposals and repayments | | (3) | | — | | (10) | | (13) | | Transfer to subsidiary undertakings | | — | | — | | (4) | | (4) | | Share of retained profit | | — | | 19 | | — | | 19 | | | At December 31, 2000 | | 121 | | 42 | | 11 | | 1741 | | | Company | | | | | | | | | | At January 1, 2000 | | 44 | | — | | 4 | | 48 | | Additions | | 3 | | — | | — | | 3 | | | At December 31, 2000 | | 47 | | — | | 4 | | 51 | | The principal joint ventures are listed on pages 68 and 69.
1Investments in joint ventures are represented by: | | | 2000
£m | | 1999
£m | | | Share of aggregate assets: | | | | | | Fixed | | 710 | | 588 | | Current | | 407 | | 370 | | Share of aggregate liabilities: | | | | | | Due within one year | | (437 | ) | (387) | | Due after one year | | (506 | ) | (420) | | | | | 174 | | 151 | | |
