RBS 2007 Annual Report Download - page 166

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RBS Group • Annual Report and Accounts 2007
164
Notes on the accounts continued
Financial statements
18 Property, plant and equipment
Group
Long Short Computers Operating
Investment Freehold leasehold leasehold and other lease
properties premises premises premises equipment assets Total
2007 £m £m £m £m £m £m £m
Cost or valuation:
At 1 January 2007 4,885 2,579 310 1,254 3,069 11,589 23,686
Currency translation and other adjustments 96 65 1 11 12 (10) 175
Acquisition of subsidiaries — 955 — 157 191 202 1,505
Reclassifications 3 (4) 3 1 (3) — —
Additions 450 592 34 309 857 2,791 5,033
Transfers to disposal groups — (4) (13) — — (422) (439)
Expenditure on investment properties 41—————41
Change in fair value of investment properties 288—————288
Disposals and write-off of fully depreciated assets (2,332) (533) (120) (44) (197) (2,713) (5,939)
At 31 December 2007 3,431 3,650 215 1,688 3,929 11,437 24,350
Accumulated depreciation and amortisation:
At 1 January 2007 — 446 96 374 1,670 2,680 5,266
Currency translation and other adjustments — (4) — (1) (1) 2 (4)
Transfers to disposal groups —————(52) (52)
Reclassifications — (2) 2 — — — —
Disposals and write-off of fully depreciated assets — (122) (32) (25) (132) (610) (921)
Charge for the year — 73 8 88 415 727 1,311
At 31 December 2007 — 391 74 436 1,952 2,747 5,600
Net book value at 31 December 2007 3,431 3,259 141 1,252 1,977 8,690 18,750
2006
Cost or valuation:
At 1 January 2006 4,347 2,681 338 1,045 3,310 11,569 23,290
Currency translation and other adjustments 14 (38) (1) (29) (98) (587) (739)
Reclassifications — (6) (9) 12 — 3 —
Additions 632 295 26 266 553 2,551 4,323
Expenditure on investment properties 16—————16
Change in fair value of investment properties 486—————486
Disposals and write-off of fully depreciated assets (610) (353) (44) (40) (693) (1,947) (3,687)
Disposals of subsidiaries ————(3)—(3)
At 31 December 2006 4,885 2,579 310 1,254 3,069 11,589 23,686
Accumulated depreciation and amortisation:
At 1 January 2006 — 390 121 319 1,891 2,516 5,237
Currency translation and other adjustments — (2) — (11) (41) (95) (149)
Reclassifications — 4 (7) 3 — — —
Disposals and write-off of fully depreciated assets — (5) (26) (15) (539) (528) (1,113)
Disposals of subsidiaries ————(2)—(2)
Charge for the year — 59 8 78 361 787 1,293
At 31 December 2006 — 446 96 374 1,670 2,680 5,266
Net book value at 31 December 2006 4,885 2,133 214 880 1,399 8,909 18,420