Skip to main content

Notes 11-15

13. Property, plant and equipment

The movements in 2007 and 2006 were as follows:

  Land and buildings  
  Land
£m
Freehold
buildings
£m
Short
lease-
hold
buildings
£m
Fixtures,
fittings
and
equip-
ment
£m
Com-
puter
equip-
ment
£m
Total
£m
Cost:
1 January 2006 14.6 50.9 363.5 262.7 366.8 1,058.5
Additions 1.4 64.2 39.5 62.7 167.8
New acquisitions 0.1 0.9 1.9 0.8 3.7
Disposals (1.0) (5.5) (42.1) (46.9) (60.7) (156.2)
Exchange adjustments (4.4) (12.6) (32.1) (29.0) (22.7) (100.8)
31 December 2006 9.3 34.2 354.4 228.2 346.9 973.0
Additions 0.7 56.7 34.9 58.8 151.1
New acquisitions 0.1 2.2 3.0 6.5 11.8
Disposals (0.5) (0.2) (23.4) (30.1) (32.7) (86.9)
Exchange adjustments 1.7 1.5 6.4 19.4 29.0
31 December 2007 8.8 36.5 391.4 242.4 398.9 1,078.0

Depreciation:
1 January 2006 21.8 157.4 172.3 283.5 635.0
Charge for the year 1.7 43.2 30.8 53.4 129.1
Disposals (0.4) (36.6) (43.6) (57.7) (138.3)
Exchange adjustments (7.5) (16.4) (17.9) (26.3) (68.1)
31 December 2006 15.6 147.6 141.6 252.9 557.7
Charge for the year 1.7 38.9 28.0 57.7 126.3
Disposals (0.2) (17.7) (25.6) (34.2) (77.7)
Exchange adjustments 0.6 5.9 3.8 11.8 22.1
31 December 2007 17.7 174.7 147.8 288.2 628.4

Net book value:
31 December 2007 8.8 18.8 216.7 94.6 110.7 449.6
31 December 2006 9.3 18.6 206.8 86.6 94.0 415.3
1 January 2006 14.6 29.1 206.1 90.4 83.3 423.5

At the end of the year, capital commitments contracted, but not provided for in respect of property, plant and equipment were £24.1 million (2006: £44.4 million).