Notes 32-38
Notes to the Company balance sheet
- 32. Accounting policies
- 33. Fixed asset investments
- 34. Debtors
- 35. Creditors: amounts falling due within one year
- 36. Creditors: amounts falling due after more than one year
- 37. Equity share owners' funds
- 38. Guarantees and other financial commitments
33. Fixed asset investments
The following are included in the net book value of fixed asset investments:
| Subsidiary undertakings £m |
|
|---|---|
| 31 December 2006 | 6,149.1 |
| Additions | 96.5 |
| 31 December 2007 | 6,245.6 |
Fixed asset investments represent 100% of the issued share capital of WPP 2005 Limited, a company incorporated in Great Britain. Fixed asset investments were purchased in a share-for-share exchange. At 31 December 2007 cost and net book value were the same.