Directors' Reports and Financial Statements - DCC plc

DCC plc Annual Report & Accounts 2000Notes to the Financial Statementsfor the year ended 31 March 200018. Financial Assets - Associated Undertakings continuedThe carrying value of associated undertakings is analysed as follows:2000 1999E’000 e’000Interest in net assets 7,079 25,615Goodwill (net of amortisation) 9,410 13,865Share of post acquisition reserves 18,109 17,36434,598 56,844During the year the Group acquired a 50% interest in an Irish oil distributor for a consideration of e726,000.At 31 March 2000 the Group’s aggregate share of its associated undertakings’ fixed assets, current assets, liabilities duewithin one year and liabilities due after more than one year was as follows:2000 1999E’000 e’000Fixed assets 17,155 33,455Current assets 55,739 90,428Liabilities due within one year (29,095) (59,979)Liabilities due after more than one year and minority interests (18,611) (20,925)AccountsThe movement in goodwill of associated undertakings is as follows:2000 1999E’000 e’000CostAt 1 April 16,137 13,732Additions 685 2,405Disposals (6,142) -At 31 March 10,680 16,13759AmortisationAt 1 April 2,272 1,545Amortisation for the year 825 727Disposals (1,827) -At 31 March 1,270 2,272Net Book ValueAt 31 March 9,410 13,865