Notes to the financial statements


13     PROPERTY, PLANT AND EQUIPMENT

Group Freehold
land and
buildings
£m
Leasehold
land and
buildings
£m
Plant and
equipment
£m
Assets in
course of
construction
£m
Total
£m
Cost          
At 1 April 2006 0.1 7.5 34.5 1.8 43.9
Currency translation differences (0.7) (0.7)
Additions 0.1 0.9 1.0
Disposals (0.1) (0.1) (0.6) (1.8) (2.6)
Businesses sold (2.9) (19.9) (22.8)
At 31 March 2007 4.6 14.2 18.8
Additions 0.1 0.2 0.3
Disposals (1.9) (1.9) (3.8)
At 31 March 2008 2.8 12.5 15.3
           
Accumulated depreciation          
At 1 April 2006 3.2 25.2 28.4
Currency translation differences (0.5) (0.5)
Charge for year 0.5 1.9 2.4
Disposals (0.1) (0.5) (0.6)
Businesses sold (1.1) (14.5) (15.6)
At 31 March 2007 2.5 11.6 14.1
Charge for year 0.4 0.9 1.3
Disposals (1.4) (0.9) (2.3)
At 31 March 2008 1.5 11.6 13.1
           
Accumulated impairment losses          
At 1 April 2006 1.4 1.0 1.8 4.2
Impairment losses 0.6 0.6
Disposals (1.8) (1.8)
Businesses sold (1.3) (1.0) (2.3)
At 31 March 2007 0.1 0.6 0.7
Disposals (0.1) (0.5) (0.6)
At 31 March 2008 0.1 0.1
           
Net book value at 31 March 2008 1.3 0.8 2.1
Net book value at 31 March 2007 2.0 2.0 4.0

The carrying amount of the Group’s plant and equipment includes an amount of £0.3 million (2007: £0.7 million) in respect of assets held under finance leases.

Lease rentals of £4.2 million (2007: £3.6 million) and £0.1 million (2007: £0.1 million) relating to the lease of property and equipment, respectively, are included in the income statement (note 5).

Company Freehold
land and
buildings
£m
Leasehold
land and
buildings
£m
Plant and
equipment
£m
Assets in
course of
construction
£m
Total
£m
Cost          
At 1 April 2006 0.1 7.4 19.4 1.8 28.7
Additions 0.1 0.4 0.5
Disposals (0.1) (0.6) (1.3) (1.8) (3.8)
Businesses sold (2.3) (4.3) (6.6)
At 31 March 2007 4.6 14.2 18.8
Additions 0.1 0.2 0.3
Disposals (1.9) (1.9) (3.8)
At 31 March 2008 2.8 12.5 15.3
           
Accumulated depreciation          
At 1 April 2006 3.2 14.8 18.0
Charge for year 0.4 1.4 1.8
Disposals (0.3) (1.3) (1.6)
Businesses sold (0.8) (3.3) (4.1)
At 31 March 2007 2.5 11.6 14.1
Charge for year 0.4 0.9 1.3
Disposals (1.4) (0.9) (2.3)
At 31 March 2008 1.5 11.6 13.1
           
Accumulated impairment losses          
At 1 April 2006 1.4 1.0 1.8 4.2
Impairment losses 0.6 0.6
Disposals (1.8) (1.8)
Businesses sold (1.3) (1.0) (2.3)
At 31 March 2007 0.1 0.6 0.7
Disposals (0.1) (0.5) (0.6)
At 31 March 2008 0.1 0.1
           
Net book value at 31 March 2008 1.3 0.8 2.1
Net book value at 31 March 2007 2.0 2.0 4.0

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