|
|
24. Current asset investments |
2004 |
|
2003 |
|
| |
£m |
£m |
|
|
|
|
|
|
Listed investments |
1,247 |
|
267 |
|
|
Other short-term deposits and investments a |
3,916 |
|
6,073 |
|
|
|
|
|
|
|
Total current asset investments |
5,163 |
|
6,340 |
|
|
|
|
|
|
|
Market value of listed investments |
1,247 |
|
268 |
|
|
|
|
|
|
| a |
Included within other short-term
deposits and investments is £144 million invested with a swap counterparty
(2003 £149
million). The counterparty has security over this investment in the event
of BT defaulting on the swap. |
|