Section image

Cherries
oil on canvas
22 x 20 in
1981

Penny Machines
oil on canvas
23¾ x 29¾ in
1961

Stack of Books
oil on canvas
30 x 24 in
n.d.

Seven Suckers
oil on canvas
19 x 23 in
1970

Twin Jackpots
oil on canvas
30 x 46 in
1962

Ties
oil on canvas
20 x 26 in
1980

Cake Slices
oil on canvas
20 x 16 in
n.d.

Notes 11 - 15

13. Property, plant and equipment

The movements in 2009 and 2008 were as follows:
  Land
£m
Freehold
buildings
£m
Lease-
hold
buildings
£m
Fixtures,
fittings
and
equip-
ment
£m
Com-
puter
equip-
ment
£m
Total
£m
Cost:            
1 January 2008 8.8 36.5 391.4 242.4 398.9 1,078.0
Additions 11.4 62.4 42.6 80.4 196.8
New acquisitions 3.9 25.9 9.9 30.7 26.2 96.6
Disposals (0.3) (0.3) (31.1) (34.5) (65.4) (131.6)
Exchange adjustments 9.6 123.7 103.9 139.0 376.2
31 December 2008 12.4 83.1 556.3 385.1 579.1 1,616.0
Additions 1.3 151.5 38.3 56.5 247.6
New acquisitions 0.3 0.8 1.5 2.6
Disposals (0.9) (28.1) (31.2) (63.2) (123.4)
Exchange adjustments (10.3) (60.9) (30.4) (38.5) (140.1)
31 December 2009 12.4 73.2 619.1 362.6 535.4 1,602.7
             
Depreciation:            
1 January 2008 17.7 174.7 147.8 288.2 628.4
Charge for the year 2.0 25.7 32.9 89.0 149.6
Disposals (0.2) (25.9) (30.6) (61.5) (118.2)
Exchange adjustments 7.8 91.3 68.7 97.7 265.5
31 December 2008 27.3 265.8 218.8 413.4 925.3
Charge for the year 2.4 60.1 46.0 86.8 195.3
Disposals (0.3) (26.6) (28.8) (58.8) (114.5)
Exchange adjustments (3.6) (21.3) (21.7) (37.3) (83.9)
31 December 2009 25.8 278.0 214.3 404.1 922.2
             
Net book value:            
31 December 2009 12.4 47.4 341.1 148.3 131.3 680.5
31 December 2008 12.4 55.8 290.5 166.3 165.7 690.7
1 January 2008 8.8 18.8 216.7 94.6 110.7 449.6

At the end of the year, capital commitments contracted, but not provided for in respect of property, plant and equipment were £17.8 million (2008: £154.9 million). In 2008 there were a number of significant property development projects in North America that were completed in 2009.

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