This excerpt taken from the TKS 20-F filed May 12, 2009.
Listed investments are classified as available-for-sale and are measured at fair value. Changes in their fair values are recognised in a separate component of equity except to the extent that they represent an other than temporary impairment in which case the impairment loss is recognised in the income statement. Realised gains and losses are transferred from equity to the income statement in the event of the disposal of the investments.
This excerpt taken from the TKS 20-F filed May 25, 2006.
Under US GAAP, available-for-sale investments are included in operating assets but they are (were) not included under IFRS and UK GAAP.
This excerpt taken from the TKS 6-K filed Apr 19, 2005.
Shares in subsidiaries are stated at cost less provisions for impairment.
An associated undertaking (associate) is an investment in which the Group has substantial long-term minority equity interest and in which it participates in commercial and financial policy decisions. The consolidated profit and loss account includes the Groups share of the results of associates. Investments in associates, all of which were acquired before 2 May 1998, are incorporated in the consolidated balance sheet at cost, less goodwill written off, plus the Groups share of post-acquisition reserves.
Other investments are stated at the lower of cost and net realisable value.