BT Group
 
 
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19. Tangible fixed assets
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          Assets      
  Land and   Plant and   in course of      
  buildings(a)   equipment   construction   Total  
  £m   £m   £m   £m  
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Group                
Cost                
Balances at 1 April 2000 3,135   31,295   1,233   35,663  
Acquisitions of subsidiary undertakings 87   1,924   188   2,199  
Additions 40   998   3,951   4,989  
Transfers 178   3,195   (3,373 )  
Other disposals and adjustments 40   (1,956 ) (33 ) (1,949 )
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Total cost at 31 March 2001 3,480   35,456   1,966   40,902  
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Depreciation                
Balances at 1 April 2000 1,424   16,142     17,566  
Acquisitions of subsidiary undertakings 22   438     460  
Charge for the year 136   2,909     3,045  
Other disposals and adjustments (16 ) (1,714 )   (1,730 )
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Total depreciation at 31 March 2001 1,566   17,775     19,341  
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Net book value at 31 March 2001 1,914   17,681   1,966   21,561  
Engineering stores     64   64  
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Total tangible fixed assets at 31 March 2001 1,914   17,681   2,030   21,625  
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Net book value at 31 March 2000 1,711   15,153   1,233   18,097  
Engineering stores     66   66  
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Total tangible fixed assets at 31 March 2000 1,711   15,153   1,299   18,163  
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          Assets      
  Land and   Plant and   in course of      
  buildings(a)   equipment   construction   Total  
  £m   £m   £m   £m  
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Company                
Cost                
Balances at 1 April 2000 1,093   27,899   1,027   30,019  
Additions   448   3,032   3,480  
Transfers 106   2,693   (2,799 )  
Disposals and adjustments (210 ) (1,314 ) (61 ) (1,585 )
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Total cost at 31 March 2001 989   29,726   1,199   31,914  
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Depreciation                
Balances at 1 April 2000 451   14,658     15,109  
Charge for the year 42   2,430     2,472  
Disposals and adjustments (107 ) (1,111 )   (1,218 )
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Total depreciation at 31 March 2001 386   15,977     16,363  
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Net book value at 31 March 2001 603   13,749   1,199   15,551  
Engineering stores     62   62  
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Total tangible fixed assets at 31 March 2001 603   13,749   1,261   15,613  
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Net book value at 31 March 2000 642   13,241   1,027   14,910  
Engineering stores     66   66  
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Total tangible fixed assets at 31 March 2000 642   13,241   1,093   14,976  
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  Group   Company  
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  2001 2000   2001 2000  
  £m £m   £m £m  
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(a) The net book value of land and buildings comprised:            
Freehold 1,514 1,327   319 365  
Long leases (over 50 years unexpired) 170 182   119 120  
Short leases 230 202   165 157  
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Total net book value of land and buildings 1,914 1,711   603 642  
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      Group  
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  2001   2000  
  £m   £m  
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(b) Expenditure on tangible fixed assets comprised:        
Plant and equipment        
   Transmission equipment 2,295   1,563  
   Exchange equipment 479   413  
   Other network equipment 1,180   703  
   Computers and office equipment 574   502  
   Motor vehicles and other 251   257  
Land and buildings 210   229  
Increase (decrease) in engineering stores (3 ) 13  
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Total expenditure on tangible fixed assets 4,986   3,680  
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