Section image
Cherries
oil on canvas
22 x 20 in
1981
Penny Machines
oil on canvas
23¾ x 29¾ in
1961
Stack of Books
oil on canvas
30 x 24 in
n.d.
Seven Suckers
oil on canvas
19 x 23 in
1970
Twin Jackpots
oil on canvas
30 x 46 in
1962
Ties
oil on canvas
20 x 26 in
1980
Notes 32-40
- 32. Accounting policies
- 33. Interest payable and similar charges
- 34. Taxation on loss on ordinary activities
- 35. Fixed asset investments
- 36. Debtors
- 37. Creditors: amounts falling due within one year
- 38. Creditors: amounts falling due after more than one year
- 39. Equity share owners’ funds
- 40. Guarantees and other financial commitments
35. Fixed asset investments
The following are included in the net book value of fixed asset investments:
| Subsidiary undertakings £m |
|
|---|---|
| 1 January 2010 | 4,346.1 |
| Additions | 70.4 |
| Other movements | (0.3) |
| 31 December 2010 | 4,416.2 |
Fixed asset investments primarily represent 100% of the issued share capital of WPP Air 1 Limited, a company incorporated in Ireland. Fixed asset investments were purchased in a share-for-share exchange. At 31 December 2010 cost and net book value were the same. Details of indirect subsidiaries are given in note 29.