Notes to the Company Financial Statements
Notes 1-5
3. Fixed assets
Shares in Group undertakings
| £m | |
|---|---|
| Cost: | |
| 1 April 2007 | 72,322 |
| Additions | 24 |
| Capital contributions arising from share-based payments | 107 |
| Contributions received in relation to share-based payments | (191) |
| Disposals | (2,069) |
| 31 March 2008 | 70,193 |
| Amounts provided for: | |
| 1 April 2007 | 5,183 |
| Amounts provided for during the year | 88 |
| 31 March 2008 | 5,271 |
| Net book value: | |
| 31 March 2007 | 67,139 |
| 31 March 2008 | 64,922 |
At 31 March 2008, the Company had the following principal subsidiary undertakings:
| Name | Principal activity | Country of incorporation | Percentage shareholding |
|---|---|---|---|
| Vodafone European Investments | Holding company | England | 100.0 |
| Vodafone Group Services Limited | Global products and services provider | England | 100.0 |