EasyJet 2010 Annual Report Download - page 74

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easyJet plc
Annual report and accounts 2010
Notes to the accounts
continued
72
7 Goodwill and other intangible assets continued
Cash flow projections beyond the forecast period have been extrapolated using growth rate scenarios ranging from zero up to an
estimated average of long term economic growth rates for the principal countries in which easyJet operates. No impairment resulted
from any of these scenarios.
No reasonably possible combination of changes to the key assumptions above would result in the carrying value of the cash-generating
unit exceeding its recoverable amount.
8 Property, plant and equipment
Aircraft
£ million
Leasehold
improvements
£ million
Other
£ million
Total
£ million
Cost
At 1 October 2009 1,747.1 12.5 30.1 1,789.7
Additions 441.7 – 9.7 451.4
Aircraft sold and leased back (51.7) – – (51.7)
Transfer to intangible assets – – (10.1) (10.1)
Disposals (7.8) – (0.8) (8.6)
At 30 September 2010 2,129.3 12.5 28.9 2,170.7
Depreciation
At 1 October 2009 153.3 7.1 17.1 177.5
Charge for the year 69.2 0.7 2.6 72.5
Aircraft sold and leased back (0.3) – – (0.3)
Disposals (6.5) – (0.6) (7.1)
At 30 September 2010 215.7 7.8 19.1 242.6
Net book value
At 30 September 2010 1,913.6 4.7 9.8 1,928.1
At 1 October 2009 1,593.8 5.4 13.0 1,612.2
Aircraft
£ million
Leasehold
improvements
£ million
Other
£ million
Total
£ million
Cost
At 1 October 2008 1,177.8 12.5 26.6 1,216.9
Additions 511.5 – 3.5 515.0
Transfer from assets held for sale 67.9 – – 67.9
Disposals (10.1) – – (10.1)
At 30 September 2009 1,747.1 12.5 30.1 1,789.7
Depreciation
At 1 October 2008 93.1 6.4 14.8 114.3
Charge for the year 52.4 0.7 2.3 55.4
Transfer from assets held for sale 13.0 – – 13.0
Disposals (5.2) – – (5.2)
At 30 September 2009 153.3 7.1 17.1 177.5
Net book value
At 30 September 2009 1,593.8 5.4 13.0 1,612.2
At 1 October 2008 1,084.7 6.1 11.8 1,102.6