Vodafone 2006 Annual Report Download - page 137

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Vodafone Group Plc Annual Report 2006 135
3. Fixed assets
Other investments
The Company’s fixed asset investments comprises £133 million (2005: £nil) representing 30,252,460 ordinary shares in VenFin Limited (2005: £nil). The investment is held at fair
value.
Shares in group undertakings £m
Cost:
1 April 2005 98,789
Adjustment for adoption of FRS 20 419
1 April 2005, as restated 99,208
Additions 3,642
Capital contributions arising from share based payments 114
Contributions received in relation to share based payments (150)
Disposals (30,654)
31 March 2006 72,160
Amounts provided for:
1 April 2005 4,762
Amounts provided for during the year 3
31 March 2006 4,765
Net book value:
31 March 2006 67,395
31 March 2005, as restated 94,446
At 31 March 2006, the Company had the following principal subsidiary undertakings:
Country of
incorporation Percentage
Name Principal activity or registration shareholding
Vodafone International Operations Limited Holding company England 100
4. Debtors 2006 2005
(restated)
£m £m
Amounts falling due within one year:
Amounts owed by subsidiary undertakings 99,174 77,246
Taxation recoverable 72 37
Group relief receivable –43
Other debtors 171 140
99,417 77,466
Amounts falling due after more than one year:
Deferred taxation 55
Other debtors 231 365
236 370
5. Investments 2006 2005
£m £m
Liquid Investments –28
The Company’s liquid investments at 31 March 2005 comprised of short term foreign exchange forward contracts.
Financials