Experian 2010 Annual Report Download - page 149
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Please find page 149 of the 2010 Experian 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.147
Introduction
2 – 11
Business review
12 – 51
Governance
52 – 84
Financial statements
85 – 160
37. Assets and liabilities classied as held for sale
During the year, approval was given to a number of small disposals and accordingly the assets and liabilities of the businesses
involved are classied as held for sale at 31 March 2010. The transactions have been completed since the balance sheet date and
the resulting gain or loss on disposal will be recognised in the year ending 31 March 2011.
US$m
Assets classied as held for sale:
Other intangible assets 16
Property, plant and equipment 2
Trade receivables - net 6
Other prepayments and accrued income 1
Assets classied as held for sale 25
Liabilities classied as held for sale
Tax liabilities 6
Accruals and deferred income 6
Liabilities classied as held for sale 12
38. Operating lease commitments - minimum lease payments
2010
US$m
2009
US$m
Commitments under non-cancellable operating leases expiring in:
Less than one year 48 46
Between one and ve years 127 107
More than ve years 87 54
262 207
The Group leases ofces and technology under non-cancellable operating lease agreements with varying terms, escalation
clauses and renewal rights.
39. Capital commitments
2010
US$m
2009
US$m
Capital expenditure for which contracts have been placed:
Property, plant and equipment 16 3
Intangible assets 28 19
44 22
40. Contingencies
There are a number of pending and threatened litigation claims involving the Group in North America and Latin America which
are being vigorously defended. The directors do not believe that the outcome of any such pending or threatened litigation will
have a materially adverse effect on the Group’s nancial position. However, as is inherent in legal proceedings, there is a risk of
outcomes unfavourable to the Group. In the case of unfavourable outcomes the Group would benet from applicable insurance
recoveries.