Virgin Media 2009 Annual Report Download - page 116

Download and view the complete annual report

Please find page 116 of the 2009 Virgin Media annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 232

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232

VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 5—Fixed Assets (Including Leases)
Fixed assets consist of (in millions):
December 31,
2009 2008
Useful Under Under
Economic Capital Capital
Life Total Leases Total Leases
Operating equipment
Cable distribution plant ............ 8-30 years £ 6,384.3 £ 28.8 £ 6,113.3 £ 28.8
Switches and headends ............. 8-10 years 820.3 20.0 754.3 29.4
Customer premises equipment ....... 5-10 years 1,188.3 1,105.7
Other operating equipment ......... 8-20 years 13.2 8.9
Total operating equipment .......... 8,406.1 48.8 7,982.2 58.2
Other equipment
Land.......................... — 13.5 — 13.5 —
Buildings ....................... 30 years 118.6 — 119.6 —
Leasehold improvements ........... 7 years or, if less, 63.8 56.7
the lease term
Computer infrastructure ............ 3-5 years 276.4 56.3 233.4 63.5
Other equipment ................. 5-12 years 255.3 124.0 274.0 108.0
Total other equipment ............. 727.6 180.3 697.2 171.5
9,133.7 229.1 8,679.4 229.7
Accumulated depreciation ............ (4,224.0) (88.0) (3,441.9) (70.6)
4,909.7 141.1 5,237.5 159.1
Construction in progress ............. 139.5 — 104.6 —
£ 5,049.2 £141.1 £ 5,342.1 £159.1
During the years ended December 31, 2009, 2008 and 2007, the assets acquired under capital
leases totaled £34.4 million, £99.2 million and £45.8 million, respectively.
F-20