Annual report and accounts 2008Annual report and accounts 2008

Notes contentsNotes to consolidated financial statements

32. Disposals


All figures in £ millions     2008 2007
Data
Management		 Other Total Total
Disposal of subsidiaries        
Property, plant and equipment (7) — (7) (16)
Intangible assets (1) — (1) (6)
Intangible assets — Pre-publication (2) — (2) —
Inventories (4) (3) (7) (1)
Trade and other receivables (8) — (8) (95)
Cash and cash equivalents — — — (14)
Net deferred income tax liabilities — — — 2
Trade and other liabilities 9 — 9 73
Retirement benefit obligations — — — 3
Provisions for other liabilities and charges — — — 1
Minority interest — (5) (5) (8)
Attributable goodwill (98) (8) (106) (250)
Cumulative translation adjustment (49) — (49) (53)
Net assets disposed (160) (16) (176) (364)
Cash received 111 15 126 495
Deferred receipts — 2 2 —
Other proceeds received — — — 35
Costs (4) (1) (5) (20)
(Loss)/profit on sale (53) — (53) 146


  2008 2007
Cash flow from disposals    
Cash — Current year disposals 126 495
Costs paid (15) (12)
Cash and cash equivalents disposed — (14)
Net cash inflow 111 469

Further details of the Data Management business disposal are shown in note 3.