Annual report and financial statements - NVM Private Equity Ltd.

Notes to the Financial Statementsfor the year ended 30 September 200311 Unlisted investments continued30 September 2003 30 September 2002Total cost Carrying value Total cost Carrying value£000 £000 £000 £000DxS LimitedOrdinary shares 85 — 85 85Redeemable preference shares 315 192 315 315Loan stock 435 435 435 435835 627 835 835Prospect & Peachgate Group LimitedOrdinary shares 333 — 333 333Loan stock 334 334 334 334667 334 667 667T&D Packaging LimitedOrdinary shares — — 300 300Loan stock — — 600 600— — 900 900Chorus Application Software LimitedOrdinary shares — — 105 105Loan stock — — 630 630— — 735 735SML Technologies LimitedOrdinary shares — — 139 285Redeemable preference shares — — 75 75Loan stock — — 370 370— — 584 730Additional information relating to material investments in unlisted companies is given on pages 11 to 15.CarryingRealisedOriginal value prior Disposal gain/(loss) againstcost to disposal proceeds carrying value12 Investment disposals £000 £000 £000 £000Disposals of venture capital investments duringthe year were as follows:Alizyme plc* 474 377 1,091 714Box-Carton Limited 385 385 — (385)CGI International Limited* 405 405 405 —Chorus Application Software Limited 735 735 735 —CLM Building Services Limited 440 440 — (440)Highland Timber plc 600 600 600 —IndigoVision Group plc 249 209 172 (37)SECO Aluminium Limited 75 75 233 158SML Technologies Limited 584 730 1,296 566T&D Packaging Limited 900 900 1,005 105Other 2,061 369 251 (118)* part disposal6,908 5,225 5,788 563PAGE 30 Northern Venture Trust PLC Annual Report and Accounts 2003