Notes to the Financial Statements
12
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 2014 27,001 266,108 181,026 177,911 652,046
Additions
22 15,622 5,018 19,687 40,349
Capital contributions received
—
(5,369)
—
—
(5,369)
Disposals (16) (1,064) (1,211) (627) (2,918)
Acquisitions — — 44 — 44
At 31 March 2015 27,007 275,297 184,877 196,971 684,152
Depreciation
At 1 April 2014
6,580
160,032
98,309
78,097
343,018
Charge for the year
509
8,722
8,796
10,855
28,882
Disposals (16) (1,064) (1,211) (530) (2,821)
At 31 March 2015
7,073
167,690
105,894
88,422
369,079
Net Book Value
At 31 March 2015
Owned 19,934 103,380 78,414 107,388 309,116
Leased — 4,227 569 1,161 5,957
19,934 107,607 78,983 108,549 315,073
At 31 March 2014
Owned 20,421 101,851 81,363 98,691 302,326
Leased — 4,227 1,352 1,123 6,702
20,421 106,078 82,715 99,814 309,028
72
Infrastructure renewals expenditure and the charge to the profit and loss account have been included within infrastructure assets cost and accumulated
depreciation respectively. The net book value of infrastructure assets is stated net of capital contributions. The balance of capital contributions at 31
March 2015 and movements in the year are set out in note 14.
Freehold land of £2,461,000 (2014: £2,461,000) included above is not subject to depreciation.