Vodafone 2014 Annual Report Download - page 130

Download and view the complete annual report

Please find page 130 of the 2014 Vodafone 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 216

  • 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

11. Property, plant and equipment (continued)
Equipment,
Land and xtures
buildings and ttings Total
£m £m £m
Cost:
1 April 2012 restated 1,426 38,776 40,202
Exchange movements (20) (41) (61)
Arising on acquisition 52 1,503 1,555
Additions 122 3,862 3,984
Disposals of subsidiaries (1) (28) (29)
Disposals (18) (1,481) (1,499)
Other 37 (143) (106)
31 March 2013 restated 1,598 42,448 44,046
Exchange movements (99) (2,900) (2,999)
Arising on acquisition 113 6,286 6,399
Additions 127 4,743 4,870
Disposals of subsidiaries (15) (15)
Disposals (93) (1,224) (1,317)
Transfer of assets to joint operations (672) (672)
Other (103) (103)
31 March 2014 1,646 48,563 50,209
Accumulated depreciation and impairment:
1 April 2012 restated 584 2 3,610 24 ,19 4
Exchange movements 1 106 107
Charge for the year 97 3,540 3,637
Disposals of subsidiaries (1) (14) (15)
Disposals (13) (1,329) (1,342)
Other 31 (150) (119)
31 March 2013 restated 699 25,763 26,462
Exchange movements (20) (1,477) (1,497)
Charge for the year 99 3,939 4,038
Disposals of subsidiaries (15) (15)
Disposals (46) (1,099) (1,145)
Transfer of assets to joint operations (476) (476)
Other (9) (9)
31 March 2014 732 26,626 27,358
Net book value:
31 March 2013 restated 899 16,685 17,584
31 March 2014 914 21,937 22,851
The net book value of land and buildings and equipment, xtures and ttings includes £48 million and £413 million respectively (2013: £62 million
and £281 million) in relation to assets held under nance leases. Included in the net book value of land and buildings and equipment, xtures
and ttings are assets in the course of construction, which are not depreciated, with a cost of £70 million and £1,617 million respectively
(2013: £19 million and £1,399 million). Property, plant and equipment with a net book value of £1 million (2013: £357 million) has been pledged
as security against borrowings.
Notes to the consolidated nancial statements (continued)
Vodafone Group Plc
Annual Report 2014128