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13. PROPERTY, PLANT AND EQUIPMENT
Land and
buildingsa,b
Network
infrastructure
and equipmentbOtherc
Assets in
course of
construction Total
£m £m £m £m £m
Cost
At 1 April 2005 1,065 34,957 2,189 763 38,974
Additions 17 263 247 2,038 2,565
Acquisition through business combinations 23 265 33 2 323
Transfers 50 1,802 15 (1,867) –
Exchange differences 4 71 14 – 89
Disposals and adjustments (39) (1,447) (310) (41) (1,837)
At 31 March 2006 1,120 35,911 2,188 895 40,114
Additions 19 296 210 1,936 2,461
Acquisition through business combinations 4 13 11 – 28
Transfers 57 1,767 9 (1,833) –
Exchange differences (10) (107) (20) (4) (141)
Disposals and adjustments (75) (1,031) (178) 19 (1,265)
At 31 March 2007 1,115 36,849 2,220 1,013 41,197
Accumulated depreciation
At 1 April 2005 371 21,865 1,544 – 23,780
Charge for the year 58 2,353 223 – 2,634
Acquisition through business combinations 14 200 28 – 242
Exchange differences 1 44 10 – 55
Disposals and adjustments (32) (1,479) (251) – (1,762)
At 31 March 2006 412 22,983 1,554 – 24,949
Charge for the year 49 2,307 180 – 2,536
Acquisition through business combinations 2 7 7 – 16
Exchange differences (5) (64) (14) – (83)
Disposals and adjustments (32) (1,000) (150) – (1,182)
At 31 March 2007 426 24,233 1,577 – 26,236
Carrying amount
At 31 March 2007 689 12,616 643 1,013 14,961
Engineering stores – – – 36 36
Total at 31 March 2007 689 12,616 643 1,049 14,997
At 31 March 2006 708 12,928 634 895 15,165
Engineering stores – – – 57 57
Total at 31 March 2006 708 12,928 634 952 15,222
2007 2006
£m £m
aThe carrying amount of land and buildings, including leasehold improvements, comprised:
Freehold 254 311
Long leases (over 50 years unexpired) 131 136
Short leases 304 261
Total land and buildings 689 708
bThe carrying amount of the group’s property, plant and equipment includes an amount of £353 million (2006: £460 million) in respect of assets held under finance leases. The depreciation charge on
those assets for the year ended 31 March 2007 was £116 million (2006: £134 million).
cOther mainly comprises motor vehicles and computers.
Consolidated financial statements Notes to the consolidated financial statements
104 BT Group plc Annual Report & Form 20-F