16 Investments Own shares £million Unlisted shares at cost £million Post acquisition results £million   Total £million Associated undertakings               At 1 January 2002 - 1.8   0.3   2.1   Retained profits - -   0.1   0.1   Currency translation differences - (0.2 ) -   (0.2 ) At 31 December 2002 - 1.6   0.4   2.0     Other investments At 1 January 2002 1.7 1.7   -   3.4   Currency translation differences - (0.1 ) -   (0.1 ) At 31 December 2002 1.7 1.6   -   3.3   Provided at 1 January 2002 and 31 December 2002 1.7 -   -   1.7                   Net book value At 31 December 2002 - 1.6   -   1.6   At 31 December 2001 - 1.7   -   1.7   The other investment in unlisted shares is in non-voting, redeemable preferred stock in Harcros Chemicals Inc (formerly Harcros Chemicals Acquisitions Inc), the purchaser of the chemical distribution business. Own shares £million Unlisted loan £million Unlisted shares at cost £million Total £million Company               Subsidiary undertakings               Cost at 1 January 2002 and 31 December 2002 1.7   759.0   0.1 760.8   Provision for impairment - at 1 January 2002 and 31 December 2002 (1.7 ) (106.0 ) - (107.7 ) At 31 December 2002 -   653.0   0.1 653.1     The investment in unlisted loan is with Elementis Holdings Limited, an indirect wholly owned subsidiary. The provision for impairment was made following a directors' valuation of the subsidiary undertakings using a discounted cash flow methodology. The investment in unlisted shares is in Elementis Group BV, which is a wholly owned subsidiary. The directors' valuation of the unlisted investments of the Group and the Company is not less than their carrying value. Own shares are shares held by an Employee Share Ownership Trust in view of its contingent obligations to transfer ownership of shares to employees in the future arising under the Performance Share Plan referred to in the Directors' remuneration report. The cost of the shares held by the Trust is charged to the profit and loss account over the relevant period until the shares vest unconditionally. 17 Stocks   Group   2002 £million 2001 £million Raw materials and consumables 12.3 12.8 Work in progress 9.8 6.2 Finished goods and goods purchased for resale 38.7 37.3   60.8 56.3 18 Debtors   Group Company   2002 2001 2002 2001 £million restated £million £million £million Trade debtors 51.3 53.8 - - Corporate tax recoverable 8.5 10.1 2.6 2.2 ACT recoverable 1.5 1.5 - - Other debtors 9.8 13.5 - - Prepayments and accrued income 5.5 4.7 - -   76.6 83.6 2.6 2.2 Other debtors for the Group include £0.4 million (2001:£0.6 million) falling due after more than one year. 19 Creditors:amounts falling due within one year   Group Company 2002 £million 2001 £million 2002 £million 2001 £million Trade creditors 43.9 38.8 - - Amounts owed to subsidiary undertakings - - 0.1 0.1 Amounts owed to associated undertakings 1.5 1.8 - - Corporate tax payable 16.0 16.4 - - Other taxes and social security 2.0 0.9 - - Other creditors 4.6 5.6 - - Accruals and deferred income 10.0 9.6 0.1 0.2   78.0 73.1 0.2 0.3

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