BT 1999 Annual Report Download - page 76

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NOTES TO THE FINANCIAL STATEMENTS
75
Interests in associates
and joint ventures (a)
))))))%%!!00005
Share
of post
acquisition Other
profits participating Other
Shares Loans (losses) interests investments (g) Total
19. Fixed asset investments £m £m £m £m £m £m
))))))%!!!!!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Group
Cost
Balances at 1 April 1998 1,533 151 (286) 164 3,381 4,943
Additions 1,209 112 – 65 38 1,424
Disposals – – – – (3,059) (3,059)
Share of losses less retained profits for the year – – (364) – – (364)
Repayments and other transfers 146 (17) (16) (66) (147) (100)
Currency movements 50 1 4 – 2 57
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Balances at 31 March 1999 2,938 247 (662) 163 215 2,901
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Provisions and amounts written off
Balances at 1 April 1998 (1,005) – – – (2,230) (3,235)
Goodwill amortisation for the year (17) – – – – (17)
Disposals – – – – 2,242 2,242
Increase in the year (1) – – – (58) (59)
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Balances at 31 March 1999 (1,023) – – – (46) (1,069)
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Net book value at 31 March 1999 1,915 247 (662) 163 169 1,832
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Net book value at 31 March 1998 528 151 (286) 164 1,151 1,708
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Associates Other
Subsidiary undertakings (a) and joint participating Other
))))))%!!!!!!
!0051111
Shares Loans ventures interests investments (g) Total
£m £m £m £m £m £m
))))))%!!!!!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Company
Cost
Balances at 1 April 1998 6,658 10 32 164 1,608 8,472
Additions 8,612 – 35 65 26 8,738
Disposals (2,009) – – – (32) (2,041)
Repayments and other transfers (875) – (10) (66) (1,391) (2,342)
Currency movements – – 1 – – 1
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Balances at 31 March 1999 12,386 10 58 163 211 12,828
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Provisions and amounts written off
Balances at 1 April 1998 (475) – (15) – (174) (664)
Decrease (increase) in the year 212 – – – (33) 179
Disposals and transfers – – – – 28 28
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Balances at 31 March 1999 (263) – (15) – (179) (457)
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Net book value at 31 March 1999 12,123 10 43 163 32 12,371
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Net book value at 31 March 1998 6,183 10 17 164 1,434 7,808
00000051111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111