BT 2001 Annual Report Download - page 102

Download and view the complete annual report

Please find page 102 of the 2001 BT 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 160

  • 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

19. Tangible fixed assets
Land and
buildings(a)
£m
Plant and
equipment
£m
Assets
in course of
construction
£m
Total
£m
Group
Cost
Balances at 1 April 2000 3,135 31,295 1,233 35,663
Acquisitions of subsidiary undertakings 87 1,924 188 2,199
Additions 40 998 3,951 4,989
Transfers 178 3,195 (3,373) –
Other disposals and adjustments 40 (1,956) (33) (1,949)
Total cost at 31 March 2001 3,480 35,456 1,966 40,902
Depreciation
Balances at 1 April 2000 1,424 16,142 – 17,566
Acquisitions of subsidiary undertakings 22 438 – 460
Charge for the year 136 2,909 – 3,045
Other disposals and adjustments (16) (1,714) – (1,730)
Total depreciation at 31 March 2001 1,566 17,775 – 19,341
Net book value at 31 March 2001 1,914 17,681 1,966 21,561
Engineering stores – – 64 64
Total tangible fixed assets at 31 March 2001 1,914 17,681 2,030 21,625
Net book value at 31 March 2000 1,711 15,153 1,233 18,097
Engineering stores – – 66 66
Total tangible fixed assets at 31 March 2000 1,711 15,153 1,299 18,163
Land and
buildings(a)
£m
Plant and
equipment
£m
Assets in
course of
construction
£m
Total
£m
Company
Cost
Balances at 1 April 2000 1,093 27,899 1,027 30,019
Additions – 448 3,032 3,480
Transfers 106 2,693 (2,799) –
Disposals and adjustments (210) (1,314) (61) (1,585)
Total cost at 31 March 2001 989 29,726 1,199 31,914
Depreciation
Balances at 1 April 2000 451 14,658 – 15,109
Charge for the year 42 2,430 – 2,472
Disposals and adjustments (107) (1,111) – (1,218)
Total depreciation at 31 March 2001 386 15,977 – 16,363
Net book value at 31 March 2001 603 13,749 1,199 15,551
Engineering stores – – 62 62
Total tangible fixed assets at 31 March 2001 603 13,749 1,261 15,613
Net book value at 31 March 2000 642 13,241 1,027 14,910
Engineering stores – – 66 66
Total tangible fixed assets at 31 March 2000 642 13,241 1,093 14,976
Notes to the financial statements
102 BT Annual report and Form 20-F