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Property, plant and equipment
12 Months Ended
Dec. 31, 2019
Text block [abstract]  
Property, plant and equipment
15. Property, plant and equipment
 
The movements in 2019 and 2018 were as follows:
 
 
 
Land
£m
 
 
Freehold
buildings
£m
 
 
Leasehold
buildings
£m
 
 
Fixtures,
fittings
and
equipment
£m
 
 
Computer
equipment
£m
 
 
Total
£m
 
Cost
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1 January 2018
 
 
37.1
 
 
 
118.8
 
 
 
1,081.8
 
 
 
377.2
 
 
 
703.0
 
 
 
2,317.9
 
Additions
 
 
 
 
 
17.7
 
 
 
161.4
 
 
 
49.9
 
 
 
85.8
 
 
 
314.8
 
New acquisitions
 
 
 
 
 
0.1
 
 
 
0.9
 
 
 
1.2
 
 
 
0.9
 
 
 
3.1
 
Disposals
 
 
 
 
 
 
 
 
(83.5
 
 
(62.9
 
 
(109.3
 
 
(255.7
Exchange adjustments
 
 
 
 
 
(1.1
 
 
41.8
 
 
 
9.9
 
 
 
10.0
 
 
 
60.6
 
31 December 2018
 
 
37.1
 
 
 
135.5
 
 
 
1,202.4
 
 
 
375.3
 
 
 
690.4
 
 
 
2,440.7
 
Additions
 
 
 
 
 
33.7
 
 
 
158.5
 
 
 
35.0
 
 
 
67.7
 
 
 
294.9
 
New acquisitions
 
 
 
 
 
 
 
 
 
 
 
0.1
 
 
 
 
 
 
0.1
 
Disposals
 
 
 
 
 
(109.0
 
 
(167.3
 
 
(68.3
 
 
(76.3
 
 
(420.9
Transfer to disposal
group classified as
held for sale
 
 
(2.8
 
 
(17.1
 
 
(98.1
 
 
(115.2
 
 
(231.5
 
 
(464.7
Exchange adjustments
 
 
 
 
 
(16.9
 
 
(46.7
 
 
(14.5
 
 
(26.4
 
 
(104.5
31 December 2019
 
 
34.3
 
 
 
26.2
 
 
 
1,048.8
 
 
 
212.4
 
 
 
423.9
 
 
 
1,745.6
 
Depreciation
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1 January 2018
 
 
 
 
 
28.5
 
 
 
526.1
 
 
 
236.9
 
 
 
546.9
 
 
 
1,338.4
 
Charge for the year
 
 
 
 
 
3.1
 
 
 
91.5
 
 
 
44.4
 
 
 
86.1
 
 
 
225.1
 
Disposals
 
 
 
 
 
 
 
 
(74.6
 
 
(58.0
 
 
(107.9
 
 
(240.5
Exchange adjustments
 
 
 
 
 
(4.5
 
 
24.3
 
 
 
6.4
 
 
 
8.5
 
 
 
34.7
 
31 December 2018
 
 
 
 
 
27.1
 
 
 
567.3
 
 
 
229.7
 
 
 
533.6
 
 
 
1,357.7
 
Charge for the year
 
 
 
 
 
1.5
 
 
 
79.9
 
 
 
36.3
 
 
 
67.8
 
 
 
185.5
 
Disposals
 
 
 
 
 
(7.2
 
 
(129.9
 
 
(59.9
 
 
(74.5
 
 
(271.5
Transfer to disposal
group classified as
held for sale
 
 
 
 
 
(15.6
 
 
(56.1
 
 
(81.7
 
 
(192.6
 
 
(346.0
Exchange adjustments
 
 
 
 
 
(1.6
 
 
(17.9
 
 
(13.2
 
 
(23.4
 
 
(56.1
31 December 2019
 
 
 
 
 
4.2
 
 
 
443.3
 
 
 
111.2
 
 
 
310.9
 
 
 
869.6
 
Net book value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
31 December 2019
 
 
34.3
 
 
 
22.0
 
 
 
605.5
 
 
 
101.2
 
 
 
113.0
 
 
 
876.0
 
31 December 2018
 
 
37.1
 
 
 
108.4
 
 
 
635.1
 
 
 
145.6
 
 
 
156.8
 
 
 
1,083.0
 
1 January 2018
 
 
37.1
 
 
 
90.3
 
 
 
555.7
 
 
 
140.3
 
 
 
156.1
 
 
 
979.5
 
 
At 31 December 2019, capital commitments contracted, but not provided for in respect of property, plant and equipment
,
were £165.0
million
(2018: £28.4 million). The increase is due to a number of significant property developments in North America, UK and Western Continental Europe.