Notes to the Financial Statements
for the year ended 31 December 2004
40 Investments Company
| £m | |||
| Loans to subsidiaries |
Shares in subsidiaries |
Total | |
| Year to 31 December 2004 | |||
| At beginning of year | 722 |
2,014 |
2,736 |
| Acquisitions | 9 |
- |
9 |
| Net amount advanced during year |
- |
276 |
276 |
| Foreign exchange movements |
- |
- |
- |
| At end of year | 731 |
2,290 |
3,021 |
| Year to 31 December 2003 | |||
| At beginning of year | 1,183 |
1,859 |
3,042 |
| Acquisitions | 10 |
- |
10 |
| Disposals | (471) |
- |
(471) |
| Net amount advanced during year |
- |
155 |
155 |
| Foreign exchange movements |
- |
- |
- |
| At end of year | 722 |
2,014 |
2,736 |
The Company’s principal subsidiaries at 31 December 2004 are set out in note 41.
