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48 National Grid Gas plc Annual Report and Accounts 2010/11
10. Property, plant and equipment
Assets Motor
in the vehicles
Land and Plant and course of and office
buildings machinery construction equipment Total
£m £m £m £m £m
Cost at 1 April 2009 109 14,777 324 652 15,862
A
dditions 15 817 23 49 904
Disposals (3) (64) - (32) (99)
Reclassifications (i) - 302 (318) 11 (5)
Cost at 31 March 2010 121 15,832 29 680 16,662
A
dditions 67 767 66 32 932
Disposals - (28) - (6) (34)
Reclassifications (i) 1 1 (18) (5) (21)
Cost at 31 March 2011 189 16,572 77 701 17,539
Depreciation at 1 April 2009 (43) (4,945) - (515) (5,503)
Depreciation charge for the year (11) (347) - (55) (413)
Impairment (ii) - (26) (3) - (29)
Disposals 3 56 - 32 91
Depreciation at 31 March 2010 (51) (5,262) (3) (538) (5,854)
Depreciation charge for the year (11) (370) - (50) (431)
Disposals -22 - 628
Depreciation at 31 March 2011 (62) (5,610) (3) (582) (6,257)
Net book value at 31 March 2011 127 10,962 74 119 11,282
Net book value at 31 March 2010 70 10,570 26 142 10,808
The net book value of land and buildings comprised:
2011 2010
£m £m
Freehold 105 49
Short leasehold (under 50 years) 22 21
127 70
11. Other non-current assets
2011 2010
£m £m
Loans and receivables - amounts owed by parent 5,611 5,611
The amount owed by the parent is non-contractual and accordingly its fair value equals its book value.
Included within trade and other payables and other non-current liabilities at 31 March 2011 are contributions to the cost of property, plant and
equipment amounting to £26m (2010: £25m) and £1,019m (2010: £1,038m) respectively.
The cost of property, plant and equipment at 31 March 2011 included £147m (2010: £132m) relating to interest capitalised.
(i) Represents reclassification with intangible assets, trade and other payables and between categories.
(ii) Relates a to write down of property, plant and equipment items in the LNG storage business.