16 Available for sale financial investments

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2007  2006 
£m  £m 
Debt securities  38,673  47,912 
Treasury bills and other eligible bills  2,723  2,420 
Equity securities  1,676  1,371 
Available for sale financial investments  43,072  51,703 

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2007  2006 
Movement in available for sale financial investments  £m  £m 
At beginning of year  51,703  53,497 
Exchange and other adjustments  1,499  (3,999)
Acquisitions and transfers  26,920  47,086 
Disposals (through sale and redemption) (37,498) (44,959)
Gains from changes in fair value recognised in equity  486  162 
Impairment  (13) (86)
Amortisation of discounts/premium  (25)
At end of year  43,072  51,703