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  Pearson Annual Report 1998    

Notes to the Accounts

   
 

4. Profit on sale of fixed assets and investments

  1998 1997
ALL FIGURES IN MILLIONS
Continuing operations:    
Profit on sale of investment in Société Européenne des Satellites (see note 14) 133 –
Profit on sale of investment in Flextech plc (see note 14) 27 24
Loss on sale of Simon & Schuster related fixed assets (6) –
Profit on sale of investment in Television Broadcasts Limited – 4
Net loss on other investments and property interests (12) (5)
  142 23
Taxation (40) (4)
1998 Annual Report
* Introduction
* Chairman's statement
* Chief Executive's review
* Financial Review
* Financial Policy
* Report of the directors
* Personnel committee report
* Auditors' report
* Consolidated profit and loss account
* Consolidated balance sheet
* Consolidated statement of cash flows
* Statement of total recognised gains and losses
* Note of historical cost profits and losses
* Reconciliation of movements in equity shareholders' funds
* Principal subsidiaries and associates
* Five year summary
* Shareholder information
   
* Notes to the accounts

 

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