Holiday Inn 2015 Annual Report Download - page 105

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2. Segmental information continued
31 December 2014
Americas
$m
Europe
$m
AMEA
$m
Greater
China
$m
Central
$m
Group
$m
Assets and liabilities
Segment assets 919 316 244 394 346 2,219
Assets classified as held for sale – 310 – – – 310
919 626 244 394 346 2,529
Unallocated assets:
Non-current tax receivable 34
Deferred tax assets 87
Current tax receivable 4
Derivative financial instruments 2
Cash and cash equivalents 162
Total assets 2,818
Segment liabilities (430) (199) (61) (66) (796) (1,552)
Liabilities classified as held for sale – (94) – – – (94)
(430) (293) (61) (66) (796) (1,646)
Unallocated liabilities:
Current tax payable (47)
Deferred tax liabilities (147)
Loans and other borrowings (1,695)
Total liabilities (3,535)
Year ended 31 December 2014
Americas
$m
Europe
$m
AMEA
$m
Greater
China
$m
Central
$m
Group
$m
Other segmental information
Capital expenditure (see below) 75 37 11 6 123 252
Non-cash items:
Depreciation and amortisationa22 18 8 15 33 96
Share-based payments cost ––––2121
Share of losses/(profits) of associates and joint ventures 6 – (2) – – 4
a Included in the $96m of depreciation and amortisation is $41m relating to administrative expenses and $55m relating to cost of sales.
Americas
$m
Europe
$m
AMEA
$m
Greater
China
$m
Central
$m
Group
$m
Reconciliation of capital expenditure
Capital expenditure per management reporting 75 37 11 6 123 252
Management contracts acquired on disposal of hotels 50––––50
Capital contributions to associates 15––––15
Other financial assets relating to deferred consideration on disposals 27 25 – – – 52
Timing differences and other adjustments – – – (1) – (1)
Additions per the Financial Statements 167 62 11 5 123 368
Comprising additions to:
Property, plant and equipment 45 12 2 5 15 79
Assets classified as held for sale 13–––4
Intangible assets 78 22 5 – 108 213
Investment in associates and joint ventures 15––––15
Other financial assets 28 25 4 – – 57
167 62 11 5 123 368
STRATEGIC REPORT GOVERNANCE GROUP FINANCIAL STATEMENTS ADDITIONAL INFORMATIONPARENT COMPANY FINANCIAL STATEMENTS
103IHG Annual Report and Form 20-F 2015