Property, plant and equipment
| Freehold land and buildings £m |
Long leasehold property improvements £m |
Public service vehicles £m |
Plant and equipment, fixtures and fittings £m |
Total £m |
|
| Cost: | |||||
| At 1 January 2011 | 95.2 | 3.7 | 906.8 | 165.7 | 1,171.4 |
| Additions | 1.9 | 0.5 | 139.7 | 14.7 | 156.8 |
| Acquisitions of businesses | – | – | 1.5 | – | 1.5 |
| Disposals | – | – | (15.2) | (5.4) | (20.6) |
| Foreign exchange | (2.0) | – | (7.3) | (1.4) | (10.7) |
| At 31 December 2011 | 95.1 | 4.2 | 1,025.5 | 173.6 | 1,298.4 |
| Depreciation: | |||||
| At 1 January 2011 | 11.2 | 1.6 | 327.9 | 116.6 | 457.3 |
| Charge for the year | 1.9 | 0.5 | 86.7 | 16.4 | 105.5 |
| Disposals | – | – | (10.7) | (4.7) | (15.4) |
| Foreign exchange | (0.1) | (0.1) | (2.6) | (0.7) | (3.5) |
| At 31 December 2011 | 13.0 | 2.0 | 401.3 | 127.6 | 543.9 |
| Net book value: | |||||
| At 31 December 2011 | 82.1 | 2.2 | 624.2 | 46.0 | 754.5 |
| At 1 January 2011 | 84.0 | 2.1 | 578.9 | 49.1 | 714.1 |
| Freehold land and buildings £m |
Long leasehold property improvements £m |
Public service vehicles £m |
Plant and equipment, fixtures and fittings £m |
Total £m |
|
| Cost: | |||||
| At 1 January 2010 | 95.5 | 4.4 | 816.9 | 158.6 | 1,075.4 |
| Additions | 3.2 | 0.6 | 131.8 | 15.2 | 150.8 |
| Acquisitions of businesses | – | – | 2.4 | – | 2.4 |
| Disposals | (1.4) | (1.5) | (56.4) | (8.6) | (67.9) |
| Foreign exchange | (2.1) | 0.2 | 12.1 | 0.5 | 10.7 |
| At 31 December 2010 | 95.2 | 3.7 | 906.8 | 165.7 | 1,171.4 |
| Depreciation: | |||||
| At 1 January 2010 | 11.0 | 2.5 | 286.6 | 102.7 | 402.8 |
| Charge for the year | 1.8 | 0.5 | 79.5 | 18.0 | 99.8 |
| Disposals | (1.6) | (1.5) | (45.6) | (4.2) | (52.9) |
| Foreign exchange | – | 0.1 | 7.4 | 0.1 | 7.6 |
| At 31 December 2010 | 11.2 | 1.6 | 327.9 | 116.6 | 457.3 |
| Net book value: | |||||
| At 31 December 2010 | 84.0 | 2.1 | 578.9 | 49.1 | 714.1 |
| At 1 January 2010 | 84.5 | 1.9 | 530.3 | 55.9 | 672.6 |
Property, plant and equipment held under finance lease agreements are analysed as follows:
| 2011 £m |
2010 £m |
||
| Land and buildings | – cost | 1.4 | 1.5 |
| – depreciation | (0.1) | (0.1) | |
| Net land and buildings | 1.3 | 1.4 | |
| Public service vehicles | – cost | 245.6 | 215.1 |
| – depreciation | (61.5) | (54.0) | |
| Net public service vehicles | 184.1 | 161.1 | |
| Plant and equipment | – cost | 0.9 | 1.3 |
| – depreciation | (0.8) | (1.2) | |
| Net plant and equipment | 0.1 | 0.1 | |
| Total net book value | 185.5 | 162.6 |
Finance leased assets and assets under hire purchase contracts are pledged as security for the related finance lease and hire purchase liabilities.