|
| 18. |
Tangible fixed assets |
| |
|
|
Land
and
buildings
£m |
a
|
|
Plant
and
equipment
£m |
b
|
|
Assets
in course of construction
£m |
|
|
Total
£m |
|
|
|
|
Cost
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
April 2004
|
|
|
929 |
|
|
35,579 |
|
|
820 |
|
|
37,328 |
|
|
Acquisitions
of subsidiary undertakings
|
|
|
96 |
|
|
724 |
|
|
23 |
|
|
843 |
|
|
Additionsc
|
|
|
9 |
|
|
601 |
|
|
2,394 |
|
|
3,004 |
|
|
Transfers
|
|
|
49 |
|
|
2,218 |
|
|
(2,267 |
) |
|
– |
|
|
Disposals
and adjustments
|
|
|
(120 |
) |
|
(1,067 |
) |
|
(15 |
) |
|
(1,202 |
) |
|
Currency
movements
|
|
|
2 |
|
|
53 |
|
|
1 |
|
|
56 |
|
|
|
|
Total
cost at 31 March 2005
|
|
|
965 |
|
|
38,108 |
|
|
956 |
|
|
40,029 |
|
|
|
|
Depreciation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
April 2004
|
|
|
340 |
|
|
21,566 |
|
|
– |
|
|
21,906 |
|
|
Acquisitions
of subsidiary undertakings
|
|
|
41 |
|
|
489 |
|
|
– |
|
|
530 |
|
|
Charge
for the year
|
|
|
45 |
|
|
2,789 |
|
|
– |
|
|
2,834 |
|
|
Disposals
and adjustments
|
|
|
(66 |
) |
|
(1,053 |
) |
|
– |
|
|
(1,119 |
) |
|
Currency
movements
|
|
|
1 |
|
|
33 |
|
|
– |
|
|
34 |
|
|
|
|
Total
depreciation at 31 March 2005
|
|
|
361 |
|
|
23,824 |
|
|
– |
|
|
24,185 |
|
|
|
|
Net
book value at 31 March 2005
|
|
|
604 |
|
|
14,284 |
|
|
956 |
|
|
15,844 |
|
|
Engineering
stores
|
|
|
– |
|
|
– |
|
|
72 |
|
|
72 |
|
|
|
|
Total
tangible fixed assets at 31 March 2005
|
|
|
604 |
|
|
14,284 |
|
|
1,028 |
|
|
15,916 |
|
|
|
|
Net
book value at 31 March 2004
|
|
|
589 |
|
|
14,013 |
|
|
820 |
|
|
15,422 |
|
|
Engineering
stores
|
|
|
– |
|
|
– |
|
|
65 |
|
|
65 |
|
|
|
|
Total
tangible fixed assets at 31 March 2004
|
|
|
589 |
|
|
14,013 |
|
|
885 |
|
|
15,487 |
|
|
|
| |
|
| |
|
|
2005
£m |
|
|
2004
£m |
|
|
|
|
aThe
net book value of land and buildings comprised:
|
|
|
|
|
|
|
|
|
Freehold
|
|
|
373 |
|
|
363 |
|
|
Long
leases (over 50 years unexpired)
|
|
|
50 |
|
|
13 |
|
|
Short
leases
|
|
|
181 |
|
|
213 |
|
|
|
|
Total
net book value of land and buildings
|
|
|
604 |
|
|
589 |
|
|
|
| b |
The net book value of assets held under finance leases included within plant and equipment was £503 million at 31 March 2005 (2004 – £620 million). The depreciation charge for the year to 31 March 2005 on those assets was £154 million (2004 – £174 million). |
| |
|
| |
|
|
2005
£m |
|
|
2004
£m |
|
|
|
|
cExpenditure
on tangible fixed assets comprised:
|
|
|
|
|
|
|
|
|
Plant
and equipment
|
|
|
|
|
|
|
|
|
Transmission
equipment
|
|
|
1,488 |
|
|
1,324 |
|
|
Exchange
equipment
|
|
|
143 |
|
|
150 |
|
|
Other
network equipment
|
|
|
648 |
|
|
585 |
|
|
Computers
and office equipment
|
|
|
312 |
|
|
205 |
|
|
Motor
vehicles and other
|
|
|
349 |
|
|
316 |
|
|
Land
and buildings
|
|
|
64 |
|
|
73 |
|
|
|
| |
|
|
3,004 |
|
|
2,653 |
|
|
Increase
in engineering stores
|
|
|
7 |
|
|
20 |
|
|
|
|
Total
expenditure on tangible fixed assets
|
|
|
3,011 |
|
|
2,673 |
|
|
|
| |
|
|
