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Other investments | 12 Months Ended
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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).

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- Definition The disclosure of investments other than investments accounted for using the equity method. [Refer: Investments other than investments accounted for using equity method] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
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- References No definition available. + Details
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