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Property, plant and equipment (Tables)

12 Months Ended

Dec. 31, 2024

Property, plant and equipment

Summary of breakdown of property, plant and equipment


				Service				Vehicles
		Land and		contract		Other plant		and office
		buildings		equipment		and equipment		equipment		Total
		£m		£m		£m		£m		£m
Cost
At 1 January 2023		127		587		215		255		1,184
Exchange differences		(7)		(20)		(5)		(15)		(47)
Additions		7		123		14		23		167
Disposals		(9)		(77)		(9)		(25)		(120)
Acquisition of companies and businesses		—		1		1		8		10
Hyperinflationary adjustment		4		—		—		1		5
Reclassification from IFRS 16 ROU assets¹		—		—		—		8		8
At 31 December 2023		122		614		216		255		1,207
At 1 January 2024		122		614		216		255		1,207
Exchange differences		(3)		(31)		(8)		(5)		(47)
Additions		7		126		14		24		171
Disposals		(4)		(98)		(16)		(51)		(169)
Acquisition of companies and businesses		1		1		—		5		7
Hyperinflationary adjustment		1		—		—		1		2
Reclassification from IFRS 16 ROU assets¹		—		—		—		8		8
At 31 December 2024		124		612		206		237		1,179
Accumulated depreciation and impairment
At 1 January 2023		(44)		(356)		(151)		(138)		(689)
Exchange differences		2		14		5		7		28
Disposals		4		75		8		22		109
Hyperinflationary adjustment		(1)		—		—		(1)		(2)
Depreciation charge		(5)		(102)		(15)		(32)		(154)
At 31 December 2023		(44)		(369)		(153)		(142)		(708)
At 1 January 2024		(44)		(369)		(153)		(142)		(708)
Exchange differences		(1)		20		7		3		29
Disposals		3		96		16		46		161
Depreciation charge		(5)		(108)		(14)		(32)		(159)
At 31 December 2024		(47)		(361)		(144)		(125)		(677)
Net book value
At 1 January 2023		83		231		64		117		495
At 31 December 2023		78		245		63		113		499
At 31 December 2024		77		251		62		112		502

1.	Certain leased assets become owned assets at the end of their lease period and are therefore reclassified from ROU assets (Note B4).

Summary of estimated useful economic lives of property, plant and equipment


Freehold buildings:		50 to 100 years
Leasehold improvements:		Shorter of the lease term or estimated useful life
Vehicles:		4 to 10 years
Plant and equipment (including service contract equipment):		3 to 10 years
Office equipment, furniture, and fittings:		3 to 10 years