COMBINED FINANCIAL STATEMENTS > NOTES TO THE COMBINED FINANCIAL STATEMENTS Fixed asset investments Investments in Other Investments in Other joint ventures investments Total joint ventures investments Total Note £m £m £m € m € m € m At 1 January 2003 as originally reported 62 78 140 95 119 214 Prior year adjustment 27 – (19) (19) – (29) (29) At 1 January 2003 as restated 62 59 121 95 90 185 Share of attributable profit 13 – 13 19 – 19 Amortisation of goodwill and intangible assets (3) – (3) (4) – (4) Dividends received from joint ventures (14) – (14) (20) – (20) Additions 1 6 7 1 9 10 Transfers/disposals – (14) (14) – (20) (20) Provided – (7) (7) – (10) (10) Exchange translation differences 1 (3) (2) (6) (10) (16) At 31 December 2003 60 41 101 85 59 144 15 Inventories and pre-publication costs 2003 2002 2003 2002 £m £m € m € m Raw materials 13 15 18 23 Pre-publication costs 322 306 457 468 Finished goods 191 179 272 274 Total 526 500 747 765 16 Debtors – amounts falling due within one year 2003 2002 2003 2002 £m £m € m € m Trade debtors 852 743 1,210 1,137 Other debtors 85 73 120 111 Prepayments and accrued income 107 107 152 164 Total 1,044 923 1,482 1,412 17 Debtors – amounts falling due after more than one year 2003 2002 2003 2002 Note £m £m € m € m Trade debtors 8 9 11 14 Pension prepayment 4 115 125 163 191 Prepayments, accrued income and other debtors 30 26 44 40 Deferred taxation assets 24 96 161 136 246 Total 249 321 354 491 18 60 REED ELSEVIER ANNUAL REPORTS & FINANCIAL STATEMENTS 2003 The principal joint venture at 31 December 2003 is Giuffrè (an Italian legal publisher in which Reed Elsevier has a 40% shareholding). The cost and net book amount of goodwill and intangible assets in joint ventures were £37m/ € 53m and £19m/ € 27m respectively (2002: £36m/ € 55m and £21m/ € 32m).