Financial Report > Notes to the Consolidated Financial Statements > Note 10. Other Financial Assets

note 10. other financial assets

(a) Available-for-sale financial assets

The Consolidated Entity has an investment in DYL and at 30 june 2010 held 220,258,461 (2009: 220,258,461) fully paid ordinary shares.

The holding of these fully paid ordinary shares represents a 19.56% interest at 30 june 2010 (2009: 19.61% interest) of the ordinary shares of DYL, a uranium explorer listed on ASX. The market value of the shares in DYL at 30 June 2010 is A$28.6m (US$24.5M) (2009: A$73.8M / US$59.4M) based on a share price of 13.0 Australian cents per share (2009: 33.5 australian cents).

The consolidated entity has an investment in NGM and at 30 June 2010 held 40,373,574 (2009: 24,280,000) fully paid ordinary shares.

The holding of these fully paid ordinary shares represents 22.37% interest at 30 June 2010 (2009: 16.72%) of the ordinary shares of NGM, a uranium explorer listed on ASX. The market value of the shares in NGM at 30 June 2010 is A$3.5M (US$3.0M) (2009: A$5.5M / US$4.4M) based on a share price of 8.6 Australian cents per share (2009:22.5 Australian cents). This investment was treated as available-for-sale because the company was unable to exert significant influence over its activities.

The Consolidated Entity also holds minor investments in other companies, including MMM (refer to note 11).