Regulatory Financial Statements for the year ended ... - Network Rail

RAILTRACK PLC
APPENDIX C: RECONCILATION OF STATUTORY FIXED NET ASSETS TO
REGULATORY FIXED ASSETS
Year ended 31 March 2002
£m £m
Net book value of statutory fixed assets at 31 March 2002 8,873
Amounts included in statutory financial statements not included in
regulatory financial statements:
Difference between statutory fixed assets and regulatory RAB and ring
fenced assets at
1 April 2001 (1,853)
Depreciation and other amounts written off fixed assets 1,915
Renewals expenditure (1,911)
Capitalised interest/financing (27)
Fixed asset disposals and disallowed backlog expenditure (4)
Revaluation of investment property (1)
Amounts included in regulatory financial statements not included in
statutory financial statements:
Net project gains and losses (100)
Inflation adjustment not included in statutory financial statements 84
Capital grants received in the year (44)
(1,881)
Regulatory fixed assets at 31 March 2002 (Disclosure Statement 1) 6,932
34
(60)