BT 2002 Annual Report Download - page 108

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22. Fixed asset investments Interests in associates and joint ventures
b
Shares
£m
Loans
£m
Share of post
acquisition
losses
£m
Other
participating
interests
£m
Other
investments
c
£m
Total
£m
Group
Cost
1 April 2001 5,076 744 (272) 157 1,093 6,798
Additions 948 30 ± 23 248 1,249
Disposals (2,357) (7) (178) ± (223) (2,765)
Demerged with mmO2 (53) ± (22) ± (5) (80)
Share of losses for the year ± ± (321) ± ± (321)
Repayments and other transfers 58 (745) ± (180) 138 (729)
Currency movements 1 ± (2) ± (11) (12)
At 31 March 2002 3,673 22 (795) ± 1,240 4,140
Provisions and amounts written off
At 1 April 2001 (1,392) ± ± ± (202) (1,594)
Goodwill amortisation for the year (53) ± ± ± ± (53)
Impairment of goodwill (433) ± ± ± ± (433)
Disposals 226 ± ± ± 89 315
Demerged with mmO2 47 ± ± ± ± 47
Increase in the year (617) ± ± ± (584) (1,201)
At 31 March 2002 (2,222) ± ± ± (697) (2,919)
Net book value at 31 March 2002 1,451 22 (795) ± 543 1,221
Net book value at 31 March 2001 3,684 744 (272) 157 891 5,204
a
Subsidiary undertakings, associates and joint ventures
Details of the principal operating subsidiary undertakings, joint ventures and associates are set out on pages 134 and 135.
b
Associates and joint ventures 2002
£m
2001
£m
Associates:
Goodwill 15 2,439
Loans 17
Share of other net assets (liabilities) 208 (217)
Total associates 224 2,229
Joint ventures:
Goodwill ±526
Loans 21 737
Share of other net assets 433 664
Total joint ventures 454 1,927
Net book value at 31 March 678 4,156
Notes to the financial statements
BT Group Annual Report and Form 20-F 2002 107