BT 2000 Annual Report Download - page 78

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18. Fixed asset investments
Interests in associates
and joint ventures
Shares
£m
Loans
£m
Share
of post
acquisition
profits
(losses)
£m
Other
participating
interests
£m
Other
investments
£m
Total
£m
Group
Cost
Balances at 1 April 1999 2,938 247 (662) 163 215 2,901
Additions 3,331 866 ± 53 361 4,611
Disposals ± ± ± ± (7) (7)
Share of losses less retained pro®ts for the year ± ± (422) ± ± (422)
Repayments and other transfers (80) (12) 15 (94) 57 (114)
Currency movements 58 (28) 20 ± (7) 43
Balances at 31 March 2000 6,247 1,073 (1,049) 122 619 7,012
Provisions and amounts written off
Balances at 1 April 1999 (1,023) ± ± ± (46) (1,069)
Goodwill amortisation for the year (84) ± ± ± ± (84)
Disposals ± ± ± ± 2 2
Transfers 61 ± ± ± ± 61
Increase in the year ± ± ± ± (44) (44)
Balances at 31 March 2000 (1,046) ± ± ± (88) (1,134)
Net book value at 31 March 2000 5,201 1,073 (1,049) 122 531 5,878
Net book value at 31 March 1999 1,915 247 (662) 163 169 1,832
Subsidiary undertakings Associates
and joint
ventures
Other
participating
interests
Other
investments TotalShares Loans
£m £m £m £m £m £m
Company
Cost
Balances at 1 April 1999 12,386 10 58 163 211 12,828
Additions 10,459 ± 688 53 131 11,331
Disposals (2,548) ± ± ± (2) (2,550)
Repayments and other transfers (1,039) ± ± (94) 57 (1,076)
Currency movements ± (1) (5) ± ± (6)
Balances at 31 March 2000 19,258 9 741 122 397 20,527
Provisions and amounts written off
Balances at 1 April 1999 (263) ± (15) ± (179) (457)
Increase in the year (1) ± ± ± (42) (43)
Disposals and transfers 11 ± ± ± ± 11
Balances at 31 March 2000 (253) ± (15) ± (221) (489)
Net book value at 31 March 2000 19,005 9 726 122 176 20,038
Net book value at 31 March 1999 12,123 10 43 163 32 12,371
Annual report and Form 20-F 77