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Notes to the Financial Statements (continued)<br />

14. Fixed asset investment<br />

ln!€stmenb comprise:<br />

Subsidiary undertakings<br />

Joint venture (HMV Media Group pk)<br />

Associated undertakings<br />

Other fixed asset in\,estrn€n$<br />

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lnvestments in<br />

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transfers and other mc r'emen8<br />

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Details of sgnfficant zubsidiary undertakings are set out in Note 34.<br />

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taken to resen€s <br />

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Theprwisionoff1.0mrepresenbtheeliminationoftheGroup!shareofunrealiseapro@<br />

Company<br />

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The Company holds inrestments at cost, less provisions for diminution in value,

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