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30 Disposals
All figures in £ millions | 2006 | 2005 |
---|---|---|
Disposal of subsidiaries | ||
Property, plant and equipment | – | (48) |
Investments in associates | – | (3) |
Deferred income tax assets | – | 8 |
Other financial assets | – | (2) |
Inventories | – | (4) |
Trade and other receivables | – | (59) |
Trade and other liabilities | (1) | 71 |
Provisions for other liabilities and charges | – | 3 |
Cash and cash equivalents | – | (134) |
Equity minority interests | (4) | 54 |
Attributable goodwill | (5) | (104) |
Currency translation adjustment | – | 14 |
Net assets disposed of | (10) | (204) |
Proceeds received | 10 | 513 |
Costs | – | (3) |
Profit on sale | – | 306 |
2006 | 2005 | |
Cash flow from disposals | ||
Cash - Current year disposals | 10 | 513 |
Costs paid | – | (3) |
Cash and cash equivalents disposed of | – | (134) |
Net cash flow | 10 | 376 |
The 2006 disposal relates to share options exercised in IDC.
2005 disposals relate mainly to the disposal of the Group's 79%interest in Recoletos Grupo de Communicación S.A..