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  Pearson Annual Report 1997    

Notes to the Accounts

   
 

15. Current asset investments

 

  1997 1996
All figures in £ millions Valuations Book Value Valuations Book Value
Listed abroad 0.1 0.1 - -
Unlisted 7.8 7.8 7.9 7.9





  7.9 7.9 7.9 7.9





Note: Listed investment valuations are at middle market quotation and unlisted investments are at directors' valuation. If all investments were realised at valuation there would be no liability for taxation.



All figures in £ millions  
Summary of movements  
At 31 December 1996 7.9
Exchange difference 0.3
Additions 0.4
Transfer from fixed asset investments 0.1
Disposal (2.0)
Write back of provision against net realisable value 1.2


At 31 December 1997 7.9


1997 Annual Report
* Group summary
* Information
* Education
* Entertainment
* Investment banking
* Chairman's statement
* Chief Executive's review
* Financial Review
* Financial Policy
* Consolidated profit and loss account
* Consolidated balance sheet
* Consolidated statement of cash flows
* Statement of total recognised gains and losses
* Note of historical cost profits and losses
* Reconciliation of movements in equity shareholders' funds
* Principal subsidiaries and associates
* Five year summary
* Shareholder information
   
* Notes to the accounts
 

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