Notes to the financial statements
14 Property, plant and equipment
|
Land and
buildings
£m |
Fixtures,
fittings and
equipment
£m |
Assets in the
course of
construction
£m |
Total
£m |
| At 31 March 2007 |
|
|
|
|
| Cost |
2,468.2 |
3,653.3 |
107.5 |
6,229.0 |
| Accumulated depreciation |
(95.3) |
(2,089.2) |
– |
(2,184.5) |
| Net book value |
2,372.9 |
1,564.1 |
107.5 |
4,044.5 |
| Year ended 29 March 2008 |
|
|
|
|
| Opening net book value |
2,372.9 |
1,564.1 |
107.5 |
4,044.5 |
| Exchange difference |
18.4 |
10.1 |
5.9 |
34.4 |
| Additions |
82.6 |
692.8 |
195.4 |
970.8 |
| Acquisition of subsidiaries |
18.0 |
11.5 |
0.2 |
29.7 |
| Transfers |
11.8 |
110.8 |
(122.6) |
– |
| Disposals |
(73.8) |
(5.2) |
(0.1) |
(79.1) |
| Depreciation charge |
(8.5) |
(287.8) |
– |
(296.3) |
| Closing net book value |
2,421.4 |
2,096.3 |
186.3 |
4,704.0 |
| At 29 March 2008 |
|
|
|
|
| Cost |
2,525.2 |
4,473.3 |
186.3 |
7,184.8 |
| Accumulated depreciation |
(103.8) |
(2,377.0) |
– |
(2,480.8) |
| Net book value |
2,421.4 |
2,096.3 |
186.3 |
4,704.0 |
| Year ended 28 March 2009 |
|
|
|
|
| Opening net book value |
2,421.4 |
2,096.3 |
186.3 |
4,704.0 |
| Exchange difference |
26.3 |
21.4 |
8.4 |
56.1 |
| Additions |
45.7 |
395.2 |
90.4 |
531.3 |
| Transfers |
32.2 |
142.4 |
(174.6) |
– |
| Disposals |
(58.4) |
(17.3) |
– |
(75.7) |
| Depreciation charge |
(9.2) |
(372.5) |
– |
(381.7) |
| Closing net book value |
2,458.0 |
2,265.5 |
110.5 |
4,834.0 |
| At 28 March 2009 |
|
|
|
|
| Cost |
2,566.6 |
4,811.9 |
110.5 |
7,489.0 |
| Accumulated depreciation |
(108.6) |
(2,546.4) |
– |
(2,655.0) |
| Net book value |
2,458.0 |
2,265.5 |
110.5 |
4,834.0 |
The net book value above includes land and buildings of £45.4m (last year £42.2m) and equipment of £58.7m (last year £35.6m) where the Group is a lessee under a finance lease.
Additions to property, plant and equipment during the year amounting to £32.8m (last year £23.5m) were financed by new finance leases.