BT 2000 Annual Report Download - page 76

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17. Tangible ®xed assets
Land and
buildings(a)
£m
Plant and
equipment
£m
Assets
in course of
construction
£m
Total
£m
Group
Cost
Balances at 1 April 1999 2,999 29,973 1,121 34,093
Acquisitions of subsidiary undertakings 29 480 26 535
Additions 37 786 2,844 3,667
Transfers 190 2,306 (2,496) ±
Disposal of subsidiary undertakings and transfers to joint ventures (19) (1,295) (125) (1,439)
Other disposals and adjustments (101) (955) (137) (1,193)
Total cost at 31 March 2000 3,135 31,295 1,233 35,663
Depreciation
Balances at 1 April 1999 1,375 14,917 ± 16,292
Acquisitions of subsidiary undertakings 2 100 ± 102
Charge for the year (i) 115 2,637 ± 2,752
Disposal of subsidiary undertakings and transfers to joint ventures ± (570) ± (570)
Other disposals and adjustments (68) (942) ± (1,010)
Total depreciation at 31 March 2000 1,424 16,142 ± 17,566
Net book value at 31 March 2000 1,711 15,153 1,233 18,097
Engineering stores ± ± 66 66
Total tangible ®xed assets at 31 March 2000 1,711 15,153 1,299 18,163
Net book value at 31 March 1999 1,624 15,056 1,121 17,801
Engineering stores ± ± 53 53
Total tangible ®xed assets at 31 March 1999 1,624 15,056 1,174 17,854
(i) Includes impairment charge of £37 million (note 4).
Annual report and Form 20-F 75