Property, Plant And Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant And Equipment [Abstract]

Note 11. Property, Plant and Equipment

Property, plant and equipment consists of the following:


(in millions)	2011			2010
Land	$	7.1		$	7.1
Buildings		5.1			4.7
Equipment		113.3			110.7
Work in progress		8.2			5.8

		133.7			128.3
Less accumulated depreciation		(87.8	)		(79.6	)

	$	45.9		$	48.7

Of the total net book value of equipment at December 31, 2011 and 2010 no amounts are in respect of assets held under capital leases.

Depreciation charges were $9.2 million, $9.3 million and $11.7 million in 2011, 2010 and 2009, respectively.

The estimated additional cost to complete work in progress is $0.9 million (2010 – $1.4 million).

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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