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52 National Grid Gas plc Annual Report and Accounts 2009/10
10. Property, plant and equipment
Assets Motor
in the vehicles
Land and Plant and course of and office
buildings machinery construction equipment Total
£m £m £m £m £m
Cost at 1 April 2008 92 13,563 550 629 14,834
A
dditions 7 991 9 41 1,048
Disposals - (16) - (4) (20)
Reclassifications 10 239 (235) (14) -
Cost at 31 March 2009 109 14,777 324 652 15,862
A
dditions 15 817 23 49 904
Disposals (3) (64) - (32) (99)
Reclassifications (i) - 302 (318) 11 (5)
Cost at 31 March 2010 121 15,832 29 680 16,662
Depreciation at 1 April 2008 (28) (4,581) - (472) (5,081)
Depreciation charge for the year (9) (344) - (47) (400)
Impairment (ii) - (30) - - (30)
Disposals -4 -48
Reclassifications (6) 6 - - -
Depreciation at 31 March 2009 (43) (4,945) - (515) (5,503)
Depreciation charge for the year (11) (347) - (55) (413)
Impairment (ii) - (26) (3) - (29)
Disposals 3 56 - 32 91
Reclassifications -----
Depreciation at 31 March 2010 (51) (5,262) (3) (538) (5,854)
Net book value at 31 March 2010 70 10,570 26 142 10,808
Net book value at 31 March 2009 66 9,832 324 137 10,359
The net book value of land and buildings comprised:
2010 2009
£m £m
Freehold 49 41
Short leasehold (under 50 years) 21 25
70 66
11. Other non-current assets
2010 2009
£m £m
Loans and receivables - amounts owed by parent 5,611 5,611
(i) Represents reclassification between categories - see note 9.
(ii) Relates a to write down of property, plant and equipment items in the LNG storage business.
The amount owed by the parent is non-contractual and accordingly its fair value equals its book value.
Included within trade and other payables and other non-current liabilities at 31 March 2010 are contributions to the cost of property, plant and
equipment amounting to £25m (2009: £24m) and £1,038m (2009: £1,027m) respectively.
The cost of property, plant and equipment at 31 March 2010 included £132m (2009: £124m) relating to interest capitalised.