Holiday Inn 2014 Annual Report Download - page 117

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2. Segmental information continued
31 December 2014
Americas
$m
Europe
$m
AMEA
$m
Greater
China
$m
Central
$m
Group
$m
Assets and liabilities
Segment assets 919 316 244 394 346 2,219
Assets classified as held for sale –310 –––310
919 626 244 394 346 2,529
Unallocated assets:
Non-current tax receivable 34
Deferred tax assets 87
Current tax receivable 4
Derivative financial instruments 2
Cash and cash equivalents 162
Total assets 2,818
Segment liabilities (430) (199) (61) (66) (796) (1,552)
Liabilities classified as held for sale –(94) –––(94)
(430) (293) (61) (66) (796) (1,646)
Unallocated liabilities:
Current tax payable (47)
Deferred tax liabilities (147)
Loans and other borrowings (1,695)
Total liabilities (3,535)
Year ended 31 December 2014
Americas
$m
Europe
$m
AMEA
$m
Greater
China
$m
Central
$m
Group
$m
Other segmental information
Capital expenditure (see below) 75 37 11 6123 252
Non-cash items:
Depreciation and amortisation122 18 815 33 96
Share-based payments cost ––––21 21
Share of losses/(profits) of associates and joint ventures 6 – (2) ––4
1 Included in the $96m of depreciation and amortisation is $41m relating to administrative expenses and $55m relating to cost of sales.
Americas
$m
Europe
$m
AMEA
$m
Greater
China
$m
Central
$m
Group
$m
Reconciliation of capital expenditure
Capital expenditure per management reporting 75 37 11 6123 252
Management contracts acquired on disposal of hotels 50 ––––50
Capital contributions to associates 15 ––––15
Other financial assets relating to deferred consideration on disposals 27 25 –––52
Timing differences –––(1) –(1)
Additions per the Financial Statements 167 62 11 5123 368
Comprising additions to:
Property, plant and equipment 45 12 2 5 15 79
Assets classified as held for sale 13–––4
Intangible assets 78 22 5 – 108 213
Investment in associates and joint ventures 15 ––––15
Other financial assets 28 25 4––57
167 62 11 5123 368
STRATEGIC REPORT GOVERNANCE
GROUP
FINANCIAL STATEMENTS
PARENT COMPANY
FINANCIAL STATEMENTS
ADDITIONAL
INFORMATION
115