Virgin Media 2007 Annual Report Download - page 169
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VIRGIN MEDIA INVESTMENT HOLDINGS LIMITED AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
6. Fixed Assets (Including Leases)
Fixed assets consist of (in millions):
December 31,
2007 2006
Under Under
Capital Capital
Useful Economic Life Total Leases Total Leases
Operating equipment
Cable distribution plant ........ 8–30 years £ 5,674.1 £ 30.1 £ 5,400.3 £ 30.1
Switches and headends ........ 8–10 years 673.0 37.9 673.6 12.6
Customer premises equipment . . . 5–10 years 994.5 — 1,319.7 —
Other operating equipment ..... 8–20 years 1.3 — 62.1 —
Total operating equipment ...... 7,342.9 68.0 7,455.7 42.7
Other equipment
Land ..................... — 13.2 — 13.2 —
Buildings .................. 30 years 114.6 — 114.1 —
Leasehold improvements ....... 20 years or, if less, the
lease term 50.0 — 64.7 —
Computer infrastructure ....... 3–5 years 235.7 36.8 278.6 34.2
Other equipment ............ 5–12 years 263.4 36.8 167.1 20.5
Total other equipment ......... 676.9 73.6 637.7 54.7
8,019.8 141.6 8,093.4 97.4
Accumulated depreciation ....... (2,623.4) (43.3) (2,373.3) (25.2)
5,396.4 98.3 5,720.1 72.2
Construction in progress ......... 113.9 — 143.8 —
£ 5,510.3 £ 98.3 £ 5,863.9 £ 72.2
F-83