Non-current
2017
£m
2016
£m
Available – for sale investments carried at cost
Shares8.1
8.1

During the year the Group acquired a minority stake in an automotive related business, Tyres On The Drive. The investment is payable in instalments, and comprises an initial cash consideration of £4.1m for the first tranche of shares, with a further £4.0m subject to performance conditions being met for the second tranche of shares. The full £8.1m has been recognised as an investment, with a liability recognised for the second instalment.