XML 278 R35.htm IDEA: XBRL DOCUMENT v3.23.1
Other investments
 12 Months Ended
Dec. 31, 2022
Other investments  
Other investments

C4. Other investments

Other investments held at year end mainly comprised investments in unlisted shares in a joint venture based in the Cayman Islands and term deposits maturing in more than three months from the date that the deposit was placed. The weighted average effective interest rate earned is nil% (2021: 0.4%) with £1m fixed for six months to one year (2021: £2m). Fair value is equal to carrying value for all other investments.

Financial assets are denominated in the following currencies:

​

​

​

​

​

​

​

    

2022

    

2021

​

    

£m

    

£m

Pound sterling

​

1

​

2

Other

 

23

 

—

​

 

24

 

2

Analysed as follows:

 

  

 

  

Current portion

 

1

 

2

Non-current portion

 

23

 

—

​

 

24

 

2

​

None of the financial assets are either past due or impaired in 2022 (2021: none).