Financial Statements 2016 | Page 90

Shared ownership housing properties £000 Non-social housing properties held for letting £000 Total £000 Housing properties held for lettings £000 Housing properties under construction £000 10a. Tangible fixed assets: housing properties - Group 34,151 1,394 823,870 Cost: At 1 April 2015 780,716 7,609 Works to existing properties 5,146 15,101 (295) - 19,952 Acquisition of Gharana 2,500 - - - 2,500 Schemes completed 4,517 (4,517) - - - - 257 - - 257 (2,785) - (1,009) - (3,794) 790,094 18,450 3 2,847 1,394 842,785 Reclassification from other fixed assets Disposals At 31 March 2016 Depreciation: At 1 April 2015 Depreciation charged in the year 59,442 - 1,991 157 61,590 7,507 - 177 13 7,697 Acquisition of Gharana 142 - - - 142 Released on disposal (835) - (69) - (904) 66,256 - 2,099 170 68,525 At 31 March 2016 Net Book Value At 31 March 2016 723,838 18,450 30,748 1,224 774,260 At 31 March 2015 88 Accord Group 721,274 7,609 32,160 1,237 762,280