Notes to the accounts
13 Property, plant and equipment
|
|
Land and |
Plant and |
Fixtures, |
Total |
|
Cost or valuation |
|
|
|
|
|
At 1 August 2005 |
257.5 |
629.3 |
341.8 |
1,228.6 |
|
Exchange adjustments |
(10.4) |
(33.8) |
(12.9) |
(57.1) |
|
Reallocations to intangible assets |
|
|
(7.5) |
(7.5) |
|
Additions |
7.8 |
72.9 |
30.5 |
111.2 |
|
Acquisitions |
0.2 |
1.1 |
0.3 |
1.6 |
|
Disposals |
(6.8) |
(9.7) |
(11.1) |
(27.6) |
|
Business disposals |
(3.2) |
(6.8) |
(3.8) |
(13.8) |
|
At 5 August 2006 |
245.1 |
653.0 |
337.3 |
1,235.4 |
|
Exchange adjustments |
(5.0) |
(13.8) |
(4.6) |
(23.4) |
|
Reclassification |
|
14.6 |
(14.6) |
|
|
Additions (note) |
9.4 |
40.3 |
23.2 |
72.9 |
|
Acquisitions |
|
1.0 |
1.0 |
2.0 |
|
Disposals |
(4.2) |
(13.7) |
(14.7) |
(32.6) |
|
Transfers to disposal groups held for sale at year end |
(0.7) |
|
(6.6) |
(7.3) |
|
Transfer to disposal group sold by the year end |
(89.1) |
(338.5) |
(161.5) |
(589.1) |
|
At 31 July 2007 |
155.5 |
342.9 |
159.5 |
657.9 |
|
Depreciation |
|
|
|
|
|
At 1 August 2005 |
80.1 |
393.2 |
252.5 |
725.8 |
|
Exchange adjustments |
(4.1) |
(20.1) |
(10.9) |
(35.1) |
|
Reallocations to intangible assets |
|
|
(6.3) |
(6.3) |
|
Charge for the period |
4.9 |
45.8 |
28.5 |
79.2 |
|
Impairment charge |
0.5 |
1.0 |
0.3 |
1.8 |
|
Disposals |
(2.3) |
(8.2) |
(9.3) |
(19.8) |
|
Business disposals |
(0.8) |
(4.7) |
(2.5) |
(8.0) |
|
At 5 August 2006 |
78.3 |
407.0 |
252.3 |
737.6 |
|
Exchange adjustments |
(2.3) |
(8.2) |
(3.5) |
(14.0) |
|
Reclassification |
|
10.4 |
(10.4) |
|
|
Charge for the period (note) |
5.4 |
28.6 |
18.2 |
52.2 |
|
Impairment charge |
5.9 |
2.2 |
|
8.1 |
|
Disposals |
(0.3) |
(10.1) |
(9.2) |
(19.6) |
|
Transfers to disposal groups held for sale at year end |
(0.2) |
|
(4.2) |
(4.4) |
|
Transfer to disposal group sold by the year end |
(23.7) |
(210.7) |
(128.5) |
(362.9) |
|
At 31 July 2007 |
63.1 |
219.2 |
114.7 |
397.0 |
|
Net book value at 31 July 2007 |
92.4 |
123.7 |
44.8 |
260.9 |
|
Net book value at 5 August 2006 |
166.8 |
246.0 |
85.0 |
497.8 |
|
Net book value at 1 August 2005 |
177.4 |
236.1 |
89.3 |
502.8 |
Note
The additions in the period and the depreciation charge represent the respective costs and charge for continuing operations, and discontinued operations and disposal groups for the period prior to becoming a disposal group.
The impairment charge of £8.1m arose when property, plant and equipment was written down to fair value less costs to sell prior to being classified as being held for sale. The charge has been recognised in the results of John Crane.
|
|
2007 |
2006 |
|
Capital expenditure commitments – contracted but not provided for |
16.9 |
23.6 |