13. Investments

Group 2011 £000

At market value UK listed equity investments

UK fixed and variable interest stocks UK cash investments UK property fund

UK investment properties

Investments in UK unlisted companies Total UK investments

Overseas fixed and variable interest stocks Overseas listed equity investments

Total overseas investments Total investments

1,873

59,408 5,679 –

517 292

67,769 758

– 758 68,527

Group 2010 £000

3,193

59,772 5,771 32

625 299

69,692 777

153 930

70,622

Charity 2011 £000

64

58,547 3,002 –

517 –

62,130 –

– –

62,130

No investment represented 5% or more of the portfolio by market value in the Group and Charity (2010: none). Group

2011 £000

Movements At 1 April 2010 Additions

Transfers out to short-term deposits Disposal proceeds

Net realised investment losses Net unrealised investment gains Net movement in cash

At 31 March 2011

70,622 31,514 (926)

(34,627) (532)

1,984 492

68,527

Charity 2010 £000

79

58,661 2,505 32

625 –

61,902 –

– –

61,902

Charity 2011 £000

61,902 30,790 –

(31,544) (707)

1,213 476

62,130

The historical cost of Group and Charity investments at 31 March 2011 was £68.1 million (2010: £71.1 million) and £60.7 million (2010: £61.6 million) respectively.

Investment properties consist of land and property bequeathed to the Charity and its predecessor charities. The intention of the Trustees is to realise these investments at a time that will maximise their value to the Charity. In view of the number of investment properties held, separate details of each valuation are not reported.

Annual Report and Accounts / Notes to the Accounts / 39