Marks and Spencer 2007 Annual Report Download - page 78

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1144 PPRROOPPEERRTTYY,, PPLLAANNTT AANNDD EEQQUUIIPPMMEENNTT
Assets
Fixtures, in the
Land and fittings & course of
buildings equipment construction Total
£m £m £m £m
AAtt 33 AApprriill 22000055
Cost 2,412.0 3,162.1 21.6 5,595.7
Accumulated depreciation (82.7) (1,926.8) – (2,009.5)
Net book value 2,329.3 1,235.3 21.6 3,586.2
Y
Yeeaarr eennddeedd 11 AApprriill 22000066
Opening net book value 2,329.3 1,235.3 21.6 3,586.2
Exchange difference 2.2 2.0 0.3 4.5
Additions1
134.7 251.8 40.3 326.8
Transfers – 20.3 (20.3) –
Disposals (34.1) (6.2) – (40.3)
Assets of discontinued operations (11.4) (21.0) (1.4) (33.8)
Depreciation charge2
2(10.7) (256.9) – (267.6)
Closing net book value 2,310.0 1,225.3 40.5 3,575.8
AAtt 11 AApprriill 22000066
Cost 2,392.2 3,287.1 40.5 5,719.8
Accumulated depreciation (82.2) (2,061.8) – (2,144.0)
Net book value 2,310.0 1,225.3 40.5 3,575.8
YYeeaarr eennddeedd 3311 MMaarrcchh 22000077
Opening net book value 2
2,,331100..0011,,222255..334400..5533,,557755..88
Exchange difference (
(22..77))((11..66))((00..22))((44..55))
Additions1
16
633..99557788..77110033..33774455..99
Reclassification from investment property (see note 15) 1
133..22––––1133..22
Transfers 8
8..882277..33((3366..11))––
Disposals (
(66..44))((1100..77))––((1177..11))
Depreciation charge2
2(
(1133..99))((225544..99))––((226688..88))
CClloossiinngg nneett bbooookk vvaalluuee22,,337722..9911,,556644..11110077..5544,,004444..55
A
Att 3311 MMaarrcchh 22000077
Cost 2
2,,446688..2233,,665533..33110077..5566,,222299..00
Accumulated depreciation (
(9955..33))((22,,008899..22))––((22,,118844..55))
NNeett bbooookk vvaalluuee22,,337722..9911,,556644..11110077..5544,,004444..55
11‘Additions’ includes £nil (last year £5.4m) in respect of the discontinued operation (see note 7).
22‘Depreciation charge’ includes £0.3m (last year £6.3m) in respect of the discontinued operation (see note 7).
The net book value above includes land and buildings of £43.7m (last year £44.9m) and equipment of £16.4m (last year £5.0m)
where the Group is a lessee under a finance lease.
Notes to the financial statements continued
7
766MARKS AND SPENCER GROUP PLC wwwwww..mmaarrkkssaannddssppeenncceerr..ccoomm//aannnnuuaallrreeppoorrtt22000077