RBS 2011 Annual Report Download - page 375

RBS Group 2011 373
18 Property, plant and equipment
Investment
properties
Freehold
premises
Long
leasehold
premises
Short
leasehold
premises
Computers
and other
equipment
Operating
lease
assets Total
2011 £m £m £m £m £m £m £m
Cost or valuation
At 1 January 4,170 2,938 291 1,832 4,239 9,235 22,705
Transfers to disposal groups — (107) (12) (93) (49) (5,355) (5,616)
Currency translation and other adjustments (103) 2 (4) (6) (77) 3 (185)
Reclassifications 57 8 (38) (35) 8 — —
Additions 1,262 68 46 174 532 1,384 3,466
Expenditure on investment properties 14 — — — — — 14
Change in fair value of investment properties (139) — — — — — (139)
Disposals and write-off of fully depreciated assets (793) (54) (10) (49) (174) (1,375) (2,455)
At 31 December 4,468 2,855 273 1,823 4,479 3,892 17,790
Accumulated impairment, depreciation and amortisation
At 1 January — 702 118 793 2,700 1,849 6,162
Transfers to disposal groups — (43) (6) (66) (26) (730) (871)
Currency translation and other adjustments — 6 4 (1) (28) 15 (4)
Reclassifications — 3 (9) 7 — (1) —
Write down of property, plant and equipment — — 3 1 1 — 5
Disposals and write-off of fully depreciated assets — (29) — (32) (110) (466) (637)
Charge for the year - continuing operations — 97 4 148 498 520 1,267
At 31 December — 736 114 850 3,035 1,187 5,922
Net book value at 31 December 4,468 2,119 159 973 1,444 2,705 11,868
2010
Cost or valuation
At 1 January 4,883 4,098 214 1,803 4,282 9,558 24,838
Currency translation and other adjustments —31 2 81 227 231 572
Disposal of subsidiaries —(1,118) — (104) (372) (369) (1,963)
Reclassifications —(104) 76 15 13 — —
Additions 511 103 5 137 411 1,178 2,345
Expenditure on investment properties 2 — — — — — 2
Change in fair value of investment properties (405) — — — — — (405)
Disposals and write-off of fully depreciated assets (821) (72) (6) (100) (322) (1,363) (2,684)
At 31 December 4,170 2,938 291 1,832 4,239 9,235 22,705
Accumulated impairment, depreciation and amortisation
At 1 January —553 87 641 2,396 1,764 5,441
Currency translation and other adjustments —62 1 75 199 17 354
Disposal of subsidiaries —(24) — (30) (197) (141) (392)
Reclassifications —(17) 17 — — — —
Write down of property, plant and equipment —32 4 1 4 — 41
Disposals and write-off of fully depreciated assets —(10) (2) (48) (261) (435) (756)
Charge for the year - continuing operations —106 11 148 536 627 1,428
Charge for the year - discontinued operations — — — 6 23 17 46
At 31 December — 702 118 793 2,700 1,849 6,162
Net book value at 31 December 4,170 2,236 173 1,039 1,539 7,386 16,543