|
|
|
|
|
Assets |
|
|
|
|
Land
and |
|
Plant
and |
|
in
course of |
|
|
|
|
buildingsa |
|
equipment |
|
construction |
|
Total |
|
|
£m |
|
£m |
|
£m |
|
£m |
|
|
|
|
|
|
|
|
|
|
| Cost |
|
|
|
|
|
|
|
|
| 1
April 2002 |
984 |
|
32,745 |
|
1,183 |
|
34,912 |
|
| Acquisitions
of subsidiary undertakings |
48 |
|
279 |
|
167 |
|
494 |
|
| Additionsb |
9 |
|
489 |
|
1,956 |
|
2,454 |
|
| Transfers |
48 |
|
2,257 |
|
(2,305 |
) |
– |
|
| Disposal
of subsidiary undertakings |
– |
|
(8 |
) |
– |
|
(8 |
) |
| Other
disposals and adjustments |
(147 |
) |
(1,596 |
) |
(34 |
) |
(1,777 |
) |
| Currency
movements |
13 |
|
180 |
|
(9 |
) |
184 |
|
|
|
|
|
|
|
|
|
|
| Total
cost at 31 March 2003 |
955 |
|
34,346 |
|
958 |
|
36,259 |
|
|
|
|
|
|
|
|
|
|
| Depreciation |
|
|
|
|
|
|
|
|
| 1
April 2002 |
413 |
|
18,475 |
|
– |
|
18,888 |
|
| Acquisitions
of subsidiary undertakings |
2 |
|
96 |
|
– |
|
98 |
|
| Charge
for the year |
66 |
|
2,945 |
|
– |
|
3,011 |
|
| Disposal
of subsidiary undertakings |
– |
|
(5 |
) |
– |
|
(5 |
) |
| Other
disposals and adjustments |
(134 |
) |
(1,537 |
) |
– |
|
(1,671 |
) |
| Currency
movements |
5 |
|
90 |
|
– |
|
95 |
|
|
|
|
|
|
|
|
|
|
| Total
depreciation at 31 March 2003 |
352 |
|
20,064 |
|
– |
|
20,416 |
|
|
|
|
|
|
|
|
|
|
| Net
book value at 31 March 2003 |
603 |
|
14,282 |
|
958 |
|
15,843 |
|
| Engineering
stores |
– |
|
– |
|
45 |
|
45 |
|
|
|
|
|
|
|
|
|
|
| Total
tangible fixed assets at 31 March 2003 |
603 |
|
14,282 |
|
1,003 |
|
15,888 |
|
|
|
|
|
|
|
|
|
|
| Net
book value at 31 March 2002 |
571 |
|
14,270 |
|
1,183 |
|
16,024 |
|
| Engineering
stores |
– |
|
– |
|
54 |
|
54 |
|
|
|
|
|
|
|
|
|
|
| Total
tangible fixed assets at 31 March 2002 |
571 |
|
14,270 |
|
1,237 |
|
16,078 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2003 |
|
2002 |
|
|
|
|
|
|
£m |
|
£m |
|
|
|
|
|
|
|
|
|
|
| aThe
net book value of land and buildings comprised: |
|
|
|
|
|
|
|
|
| Freehold |
|
|
|
|
374 |
|
343 |
|
| Long
leases (over 50 years unexpired) |
|
|
|
|
27 |
|
34 |
|
| Short
leases |
|
|
|
|
202 |
|
194 |
|
|
|
|
|
|
|
|
|
|
| Total
net book value of land and buildings |
|
|
|
|
603 |
|
571 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2003 |
|
2002 |
|
|
|
|
|
|
£m |
|
£m |
|
|
|
|
|
|
|
|
|
|
| bExpenditure
on tangible fixed assets comprised: |
|
|
|
|
|
|
|
|
| Plant
and equipment |
|
|
|
|
|
|
|
|
| Transmission
equipment |
|
|
|
|
1,277 |
|
1,373 |
|
| Exchange
equipment |
|
|
|
|
228 |
|
428 |
|
| Other
network equipment |
|
|
|
|
466 |
|
694 |
|
| Computers
and office equipment |
|
|
|
|
281 |
|
273 |
|
| Motor
vehicles and other |
|
|
|
|
162 |
|
189 |
|
| Land
and buildings |
|
|
|
|
40 |
|
153 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,454 |
|
3,110 |
|
| Decrease
in engineering stores |
|
|
|
|
(9 |
) |
(10 |
) |
|
|
|
|
|
|
|
|
|
| Total
continuing activities |
|
|
|
|
2,445 |
|
3,100 |
|
| Total
discontinued activities |
|
|
|
|
– |
|
808 |
|
|
|
|
|
|
|
|
|
|
| Total
expenditure on tangible fixed assets |
|
|
|
|
2,445 |
|
3,908 |
|
|
|
|
|
|
|
|
|
|
|
