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12. Property, plant and equipment continued
The table below analyses the net book value of the Group’s property, plant and equipment by operating segment at 31 December 2015:
Americas
$m
Europe
$m
AMEA
$m
Greater
China
$m
Central
$m
Total
$m
Land and buildings 288–––15303
Fixtures, fittings and equipment 40 – 10 – 75 125
328 – 10 – 90 428
13. Goodwill and other intangible assets
Goodwill
$m
Brands
$m
Software
$m
Management
contracts
$m
Other
intangibles
$m
Total
$m
Cost
At 1 January 2014 221 – 395 277 159 1,052
Additions ––1085055213
Disposals – – (31) – (5) (36)
Exchange and other adjustments (6) – (1) (17) (2) (26)
At 31 December 2014 215 – 471 310 207 1,203
Additions ––949764255
Capitalised interest ––2 ––2
Acquisition of business (note 10) 167 193 2 71 – 433
Reclassification to property, plant and equipment ––(7)––(7)
Disposals – – (62) – (4) (66)
Exchange and other adjustments (11) – (2) (13) (4) (30)
At 31 December 2015 371 193 498 465 263 1,790
Amortisation and impairment
At 1 January 2014 (141) – (189) (131) (73) (534)
Provided – – (33) (9) (11) (53)
System Fund expense – – (15) – – (15)
Disposals ––31–435
Exchange and other adjustments – – (1) 6 2 7
At 31 December 2014 (141) – (207) (134) (78) (560)
Provided – – (40) (10) (11) (61)
System Fund expense ––(18)––(18)
Disposals ––62 –365
Exchange and other adjustments 3–1 5110
At 31 December 2015 (138) – (202) (139) (85) (564)
Net book value
At 31 December 2015 233 193 296 326 178 1,226
At 31 December 2014 74 – 264 176 129 643
At 1 January 2014 80 – 206 146 86 518
STRATEGIC REPORT GOVERNANCE GROUP FINANCIAL STATEMENTS ADDITIONAL INFORMATIONPARENT COMPANY FINANCIAL STATEMENTS
115IHG Annual Report and Form 20-F 2015