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10. Property, plant and equipment
All figures in £ millions | Land and buildings |
Plant and equipment |
Assets in course of construction |
Total |
---|---|---|---|---|
Cost | ||||
At 1 January 2006 | 328 | 683 | 7 | 1,018 |
Exchange differences | (20) | (54) | – | (74) |
Transfers | – | (11) | (1) | (12) |
Additions | 12 | 52 | 13 | 77 |
Disposals | (9) | (32) | – | (41) |
Acquisition through business combination | 9 | 12 | – | 21 |
Reclassifications | – | 8 | (8) | – |
Transfer to non-current assets held for sale | (7) | (27) | – | (34) |
At 31 December 2006 | 313 | 631 | 11 | 955 |
Exchange differences | (2) | – | – | (2) |
Additions | 20 | 62 | 11 | 93 |
Disposals | (24) | (65) | – | (89) |
Acquisition through business combination | – | 27 | – | 27 |
Disposal through business disposal | (1) | (25) | – | (26) |
Reclassifications | – | 6 | (6) | – |
Transfer to non-current assets held for sale | (8) | (14) | – | (22) |
At 31 December 2007 | 298 | 622 | 16 | 936 |
All figures in £ millions | Land and buildings |
Plant and equipment |
Assets in course of construction |
Total |
---|---|---|---|---|
Depreciation | ||||
At 1 January 2006 | (130) | (504) | – | (634) |
Exchange differences | 10 | 41 | – | 51 |
Transfers | – | 5 | – | 5 |
Charge for the year | (17) | (60) | – | (77) |
Disposals | 4 | 27 | – | 31 |
Acquisition through business combination | – | (8) | – | (8) |
Transfer to non-current assets held for sale | 5 | 20 | – | 25 |
At 31 December 2006 | (128) | (479) | – | (607) |
Exchange differences | – | 1 | – | 1 |
Charge for the year | (14) | (54) | – | (68) |
Disposals | 11 | 63 | – | 74 |
Acquisition through business combination | – | (16) | – | (16) |
Disposal through business disposal | – | 20 | – | 20 |
Transfer to non-current assets held for sale | 5 | 10 | – | 15 |
At 31 December 2007 | (126) | (455) | – | (581) |
Carrying amounts | ||||
At 1 January 2006 | 198 | 179 | 7 | 384 |
At 31 December 2006 | 185 | 152 | 11 | 348 |
At 31 December 2007 | 172 | 167 | 16 | 355 |
Depreciation expense of £13m (2006: £18m) has been included in the income statement in cost of goods sold, £5m (2006: £6m) in distribution expenses and £50m (2006: £53m) in administrative and other expenses. In 2007 £3m (2006: £9m) relates to discontinued operations.
The Group leases certain equipment under a number of finance lease agreements. The net carrying amount of leased plant and equipment included within property, plant and equipment was £6m (2006: £4m).