Annual Report 2016
Notes to the Financial Statements
13
Tangible Fixed Assets
Group
Infra-
Specialised
Land and
structure
Fixed Plant &
Operational
Buildings Assets
Equipment Assets Total
£’000 £’000 £’000 £’000 £’000
Cost
At 1 April 2015 (as previously reported)
FRS 102 transitional adjustments
27,007
1,543
275,297
164,457
184,877
—
196,971
—
684,152
166,000
At 1 April 2015 (as restated)
28,550
439,754
184,877
196,971
850,152
Additions
43
7,647
16,822
11,357
35,869
Disposals
(60)
—
(1,983)
(13)
(2,056)
Acquisitions — —
1,280 —
1,280
At 31 March 2016 28,533 447,401 200,996 208,315 885,245
Depreciation
At 1 April 2015 (as previously reported)
FRS 102 transitional adjustments
7,073
—
167,690
3,338
105,894
—
88,422
—
369,079
3,338
At 1 April 2015 (as restated)
7,073
171,028
105,894
88,422
372,417
Charge for the year
541
3,439
14,717
6,294
24,991
Disposals
—
—
(1,983)
—
(1,983)
Acquisitions — — 857 — 857
At 31 March 2016
7,614
174,467
119,485
94,716
396,282
Net Book Value
At 31 March 2016
Owned 20,919 268,707 81,094 112,636 483,356
Leased
—
4,227
417
963
5,607
20,919 272,934 81,511 113,599 488,963
Net Book Value
At 31 March 2015 (as restated)
Owned 21,477 264,499 78,414 107,388 471,778
Leased — 4,227 569 1,161 5,957
21,477 268,726 78,983 108,549 477,735
Freehold land of £2,461,000 (2015: £2,461,000) included above is not subject to depreciation.
Company
Land &
Plant &
Total
Buildings Equipment
£’000
£’000
£'000
Cost
At 1 April 2015
80
783
863
Additions
—
75
75
At 31 March 2016
80
858
938
Depreciation
At 1 April 2015
Charge for the year
—
—
314
175
314
175
At 31 March 2016
—
489
489
80
369
449
80
469
549
Net Book Value
At 31 March 2016
Net Book Value
At 31 March 2015
Freehold land of £80,000 (2015: £80,000) included above is not subject to depreciation.
None of the tangible fixed assets of the Company were financed by finance leases or hire purchase agreements.
67