Annual Report and
Accounts 2006

Year ended 31 July 2006


2. Fixed asset investments

  £m
Cost as at 1 August 2005 1,566
Additions 4,825
Disposals (1,983)
Cost as at 31 July 2006 4,408
Provisions as at 1 August 2005 (30)
Disposals 4
Provisions as at 31 July 2006 (26)
Net book value as at 31 July 2006 4,382

All of the above investments are in unlisted shares. Particulars of principal subsidiary undertakings are listed in the Principal subsidiary undertakings and their directors section of the Annual Report.