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Property, plant and equipment (Tables)
12 Months Ended
Dec. 31, 2024
Property, plant and equipment.  
Reconciliation of the carrying amount of property, plant and equipment

    

31 Dec 2024 $m

    

31 Dec 2023 $m

Property, plant and equipment held at cost note (a)

391

 

347

Owner occupied properties held at fair value note (b)

26

 

27

Total property, plant and equipment

417

 

374

2024 $m

2023 $m

    

Group

    

    

    

    

Group

    

    

    

occupied

Tangible

Right-of-

occupied

Tangible

Right-of-

property

assets

use assets

Total

property

assets

use assets

Total

Balance at 1 Jan

 

 

 

 

  

 

  

 

  

Cost

 

24

495

683

1,202

 

21

 

486

 

676

1,183

Accumulated depreciation

 

(8)

(380)

(467)

(855)

 

(8)

 

(360)

 

(405)

(773)

Opening net book amount

 

16

115

216

347

 

13

 

126

 

271

410

Additions

 

20

81

51

152

 

 

44

 

57

101

Depreciation and impairment charge

 

(40)

(94)

(134)

 

 

(50)

 

(95)

(145)

Disposals, transfers and lease modifications

 

(8)

(29)

67

30

 

3

 

(4)

 

(18)

(19)

Effect of movements in exchange rates

(1)

(3)

(4)

(1)

1

Balance at 31 Dec

 

28

126

237

391

 

16

 

115

 

216

347

Representing:

 

 

 

 

Cost

 

35

497

782

1,314

 

24

 

495

 

683

1,202

Accumulated depreciation

 

(7)

(371)

(545)

(923)

 

(8)

 

(380)

 

(467)

(855)

Closing net book amount

 

28

126

237

391

 

16

 

115

 

216

347

Schedule of capital expenditure

    

2024 $m

    

2023 $m

Hong Kong

41

 

22

Indonesia

4

 

-

Malaysia

2

 

1

Singapore

24

 

2

Growth markets and other

21

 

15

Eastspring

7

 

4

Total segment

99

 

44

Unallocated to a segment (central operations)

2

 

Total capital expenditure on property, plant and equipment

101

 

44