|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Plant and
machinery
2001
£m |
|
Plant and
machinery
2000
£m |
|
Furniture
and
fittings
2001
£m |
|
Furniture
and
fittings
2000
£m |
|
|
|
|
 |
|
Cost |
174.2 |
|
170.8 |
|
7.2 |
|
7.0 |
|
|
Depreciation |
(122.5 |
) |
(115.6 |
) |
|
(5.4 |
) |
(5.0 |
) |
|
|
|
|
|
|
|
|
Net book value |
51.7 |
|
55.2 |
|
1.8 |
|
2.0 |
|
|
|
|
|
|
|
 |
|
|
Included within fixed assets is £24 million at cost relating to a relay station in Thailand. These assets are transferable to the Royal Thai Government in return for the payment of a nominal sum. BBC World Service will retain the right to repurchase the assets, should the operation cease, for a similar nominal sum. The use of these assets is not affected by this transaction and therefore they will continue to be carried at cost less attributable depreciation in the balance sheet.
Land and buildings at net book value comprise:
|
|
|
|
|
2001
£m |
|
2000
£m |
|
|
|
|
|
|
Freeholds |
15.5 |
|
16.0 |
|
|
Short leaseholds |
11.4 |
|
14.0 |
|
|
|
|
|
|
|
|
26.9 |
|
30.0 |
|
|
|
|
|
|
|
|
The members of the Management Board are satisfied that there has been no impairment in the carrying values of freehold properties at the balance sheet date.
Land and buildings include freehold land at a cost of £4.2 million (2000 £4.2 million) which is not depreciated. |
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