THE INTERPUBLIC GROUP OF COMPANIES, INC.  AND SUBSIDIARIES MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS — (Continued) (Amounts in Millions, Except Per Share Amounts) offset by adjustments to management’s estimates to reduce the prior restructuring reserves primarily as a result of decreases in the number of terminated employees, change in amounts paid to terminated employees and change in estimates of related restricted stock payments and payroll taxes.
Long-Lived Asset Impairment and Other Charges Long-lived assets include land, buildings, equipment, goodwill and other intangible assets.
Buildings, equipment and other intangible assets with finite lives are generally depreciated or amortized on a straight-line basis over their respective estimated useful lives.
When necessary, we record an impairment charge for the amount by which the carrying value of the asset exceeds the implied fair value.
See Note 1 to the Consolidated Financial Statements for fair value determination and impairment testing methodologies.
The following table summarizes long-lived asset impairment and other charges:
## Table 0 ##
2006 IAN — Our long-term projections, which were updated in the fourth quarter of 2006, showed previously unanticipated declines in discounted future operating cash flows due primarily to recent client losses at one of our domestic advertising reporting units.
These discounted future operating cash flow projections indicated that the implied fair value of goodwill at this reporting unit was less than its book value, resulting in a goodwill impairment charge of $27.2.2005 IAN — A triggering event occurred subsequent to our 2005 annual impairment test when a major client was lost by Lowe’s London agency and the possibility of losing other clients was considered a higher risk due to recent management defections and changes in the competitive landscape.
This caused projected revenue growth to decline.
As a result of these changes, our long-term projections showed declines in discounted future operating cash flows.
These revised cash flows indicated that the implied fair value of Lowe’s goodwill was less than the related book value resulting in a goodwill impairment charge of $91.0 at our Lowe reporting unit.
IAN — During the third quarter of 2005, we recorded a goodwill impairment charge of $5.8 at a reporting unit within our sports and entertainment marketing business.
The long-term projections showed previously unanticipated declines in discounted future operating cash flows and, as a result, these discounted future operating cash flows indicated that the implied fair value of goodwill was less than the related book value.2004 IAN — During the third quarter of 2004, we recorded goodwill impairment charges of $220.2 at The Partnership reporting unit, which was comprised of Lowe Worldwide, Draft Worldwide, Mullen, Dailey & Associates and Berenter Greenhouse & Webster (“BGW”).
Our long-term projections showed previously unanticipated declines in discounted future operating cash flows due to recent client losses, reduced client spending, and declining industry valuation metrics.
These discounted future operating cash flow projections indicated that the implied fair value of goodwill was less than the related book value.
The Partnership was subsequently disbanded in the fourth quarter of 2004 and the remaining goodwill was allocated to the agencies within the Partnership based on the relative fair value of its component agencies at the time of disbandment.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (Amounts in Millions, Except Per Share Amounts) Details of cash paid for acquisitions are as follows:
## Table 1 ##
Dispositions Motorsports — On January 12, 2004, we completed the sale of a business comprising the four Motorsports circuits, including Brands Hatch, Oulton Park, Cadwell Park and Snetterton (the “four owned circuits”), owned by our Brands Hatch subsidiaries, to MotorSport Vision Limited.
The consideration for the sale was approximately $26.0.
On April 19, 2004, we reached an agreement with the Formula One Administration Limited (“FOA”) to terminate and release our respective guarantee and promoter obligations relating to the British Grand Prix held at the Silverstone racetrack in the United Kingdom (“U.
K. ”).
Under this agreement, we were released from our obligations following the British Grand Prix in July 2004.
In exchange for the early termination of the obligations and liabilities, we paid a total of $93.0 to the FOA in two installments of $46.5 each on April 19, 2004 and May 24, 2004.
A pre-tax charge of $80.0 was recorded in Motorsports contract termination costs related to this transaction during the second quarter of 2004.
On July 1, 2004, the British Racing Drivers Club (“BRDC”) agreed to vary the terms of the lease agreement relating to the Silverstone race track and we entered into a series of agreements regarding the potential termination of our remaining Motorsports obligations in the U. K.  These agreements gave us the right to terminate our lease obligations at the Silverstone race track and related agreements, which we exercised on November 1, 2004.
In connection with these agreements, we paid the BRDC approximately $49.0 in three installments during 2004.
As a result of these agreements, we recorded a pre-tax charge in the third quarter of 2004 of $33.6 in Motorsports contract termination costs.
The payments also include $5.5 in office and general expenses reflecting the amount of lease expense associated with our continued use of the leased property through the third and fourth quarters of 2004.
We have exited this business and do not anticipate any additional material charges.
Total Motorsports charges consist of long-lived asset impairment and other charges of $3.0 and contract termination costs of $113.6 for the year ended December 31, 2004.
NFO — In July 2004, we received $10.0 from Taylor Nelson Sofres plc (“TNS”) as a final payment with respect to the sale of NFO, which resulted in a $6.5 gain, net of tax.
We established reserves for certain income tax contingencies with respect to the determination of our tax basis in NFO for income tax purposes at the time of the disposition of NFO.
During the fourth quarter of 2005, $9.0 of these reserves were reversed, as the related income tax contingencies were no longer considered probable based on our preliminary review of our tax basis.
The results of NFO are classified as discontinued operations in accordance with SFAS No.144, Accounting for the Impairment or Disposal of Long Lived Assets, and, accordingly, the results of operations and cash flows have been removed from our results of continuing operations and cash flows for prior periods.
In connection with the disposition of our NFO World Group Inc.  (“NFO”) operations in the fourth quarter of 2003, we established a reserve for certain income tax contingencies with respect to the determination of our tax basis in NFO for income tax purposes.
During the third quarter of 2006 we received a final study of the tax basis of our investment, and we determined that the remaining reserve of $5.0 should be reversed as the related contingency is no longer considered probable.
The amount was reversed through income from discontinued operations for the year ended December 31, 2006.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (Amounts in Millions, Except Per Share Amounts)
## Table 2 ##
Revenue and long-lived assets are presented below by major geographic area
## Table 3 ##
Revenue is attributed to geographic areas based on where the services are performed.
Property and equipment is allocated based upon physical location.
Intangible assets, other assets and investments are allocated based on the location of the related operations.
Note 16: Financial Instruments The following table presents the carrying amounts and fair values of our financial instruments as of December 31, 2006 and 2005.
The carrying amounts reflected in our Consolidated Balance Sheet for cash and cash equivalents, accounts receivable, accounts payable, accrued expenses and short-term borrowings approximated their respective fair values as of December 31, 2006 and 2005
## Table 4 ##
Short-term marketable securities consist primarily of available-for-sale debt and equity securities that are publicly traded.
Long-term investments consisted primarily of public and non-public available-for-sale equity securities.
These are mostlyequity interests of less than 20% that we have invarious agencies and are accounted for under the cost method.
Equity method investments consisted primarily of investments in unconsolidated affiliated companies accounted for under the equity method and have been carried at cost, which approximates fair value
Operating Expenses

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td colspan="8"> Years ended December 31,</td></tr><tr><td></td><td> 2006</td><td colspan="3"> 2005</td><td colspan="4"> 2004</td></tr><tr><td></td><td> IAN</td><td> IAN</td><td> CMG</td><td> Total</td><td> IAN</td><td> CMG</td><td> Motorsports</td><td> Total</td></tr><tr><td>Goodwill impairment</td><td>$27.2</td><td>$97.0</td><td>$—</td><td>$97.0</td><td>$220.2</td><td>$91.7</td><td>$—</td><td>$311.9</td></tr><tr><td>Other</td><td>—</td><td>1.5</td><td>0.1</td><td>1.6</td><td>6.9</td><td>0.4</td><td>3.0</td><td>10.3</td></tr><tr><td>Total</td><td>$27.2</td><td>$98.5</td><td>$0.1</td><td>$98.6</td><td>$227.1</td><td>$92.1</td><td>$3.0</td><td>$322.2</td></tr></table>
<table><tr><td></td><td colspan="3"> Years ended December 31,</td></tr><tr><td></td><td> 2006</td><td> 2005</td><td> 2004</td></tr><tr><td>Cash paid for current year acquisitions</td><td>$—</td><td>$—</td><td>$14.6</td></tr><tr><td>Cash paid for prior acquisitions:</td><td></td><td></td><td></td></tr><tr><td>Cost of investment</td><td>15.1</td><td>91.7</td><td>141.6</td></tr><tr><td>Compensation expense-related payments</td><td>7.8</td><td>5.3</td><td>20.1</td></tr><tr><td>Less: cash acquired</td><td>—</td><td>—</td><td>-0.9</td></tr><tr><td>Net cash paid for acquisitions</td><td>$22.9</td><td>$97.0</td><td>$175.4</td></tr></table>
<table><tr><td></td><td colspan="3"> Years ended December 31,</td></tr><tr><td></td><td> 2006</td><td> 2005</td><td> 2004</td></tr><tr><td>Salaries and related expenses</td><td>$214.1</td><td>$201.3</td><td>$151.2</td></tr><tr><td>Professional fees</td><td>139.7</td><td>199.3</td><td>145.3</td></tr><tr><td>Rent, depreciation and amortization</td><td>65.4</td><td>45.3</td><td>38.4</td></tr><tr><td>Corporate insurance</td><td>21.7</td><td>26.0</td><td>29.7</td></tr><tr><td>Other</td><td>25.3</td><td>15.2</td><td>16.8</td></tr><tr><td>Expenses allocated to operating divisions</td><td>-190.9</td><td>-170.8</td><td>-138.2</td></tr><tr><td>Total</td><td>$275.3</td><td>$316.3</td><td>$243.2</td></tr></table>
<table><tr><td></td><td colspan="3"> Revenue  Years ended December 31,</td><td colspan="2"> Long-Lived Assets  December 31,</td></tr><tr><td></td><td> 2006</td><td> 2005</td><td> 2004</td><td> 2006</td><td> 2005</td></tr><tr><td>U.S.</td><td>$3,441.2</td><td>$3,461.1</td><td>$3,509.2</td><td>$2,818.2</td><td>$2,733.6</td></tr><tr><td>International:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>U.K.</td><td>565.6</td><td>619.9</td><td>657.6</td><td>306.8</td><td>306.9</td></tr><tr><td>All Other Europe</td><td>1,043.0</td><td>1,135.5</td><td>1,225.9</td><td>606.0</td><td>615.2</td></tr><tr><td>Asia Pacific</td><td>512.0</td><td>473.5</td><td>477.3</td><td>122.4</td><td>119.1</td></tr><tr><td>Latin America</td><td>303.4</td><td>259.7</td><td>242.1</td><td>109.4</td><td>144.9</td></tr><tr><td>Other</td><td>325.6</td><td>324.6</td><td>274.9</td><td>216.0</td><td>230.8</td></tr><tr><td>Total international</td><td>2,749.6</td><td>2,813.2</td><td>2,877.8</td><td>1,360.6</td><td>1,416.9</td></tr><tr><td>Total consolidated</td><td>$6,190.8</td><td>$6,274.3</td><td>$6,387.0</td><td>$4,178.8</td><td>$4,150.5</td></tr></table>
<table><tr><td></td><td colspan="4"> Years ended December 31,</td></tr><tr><td></td><td colspan="2"> 2006</td><td colspan="2"> 2005</td></tr><tr><td></td><td> Book Value</td><td> Fair Value</td><td> Book Value</td><td> Fair Value</td></tr><tr><td>Investment securities:</td><td></td><td></td><td></td><td></td></tr><tr><td>Short-term marketable securities</td><td>$1.4</td><td>$1.4</td><td>$115.6</td><td>$115.6</td></tr><tr><td>Long-term investments</td><td>73.0</td><td>91.2</td><td>120.7</td><td>120.7</td></tr><tr><td>Equity method investments</td><td>55.1</td><td>55.1</td><td>49.9</td><td>49.9</td></tr><tr><td>Long-term debt</td><td>-2,214.4</td><td>-2,275.2</td><td>-2,149.2</td><td>-2,072.1</td></tr><tr><td>Financial commitments:</td><td></td><td></td><td></td><td></td></tr><tr><td>Other forward contracts</td><td>-13.7</td><td>-13.7</td><td>-11.5</td><td>-11.5</td></tr></table>

Question: What was the average value of Short-term marketable securities, Long-term investments, Equity method investments in 2006 for book value?
Answer: 43.1667
Reasoning program: add(1.4,73), add(#0,55.1), divide(#1,const_3)