- Home
- Highlights
- Messages to Shareholders
- Business Overview
- Board of Directors
- Operating and Financial Review
- Corporate Governance
- Directors’ Reports
- Independent Reports
- Financial Statements
- Company Financial Statements
- Company accounting policies
- Company balance sheet
- Notes to the Company accounts
- General Information
- Shareholder Information
Notes to the Company accounts
2. Fixed asset investments
| Subsidiary undertakings £m |
|
|---|---|
| At 1 April 2005 | 2,428 |
| Additions | 6 |
| Disposals | (6) |
| At 31 March 2006 | 2,428 |
| Additions | 1,279 |
| At 31 March 2007 | 3,707 |
During the year the Company acquired a further 92,741 ordinary shares of £1 each in National Grid (US) Holdings Limited for a total consideration of £1,264m.
The names of the principal subsidiary undertakings and joint ventures are included in note 36 in the consolidated financial statements.