Reports and Financial statements 2009 - the University Offices ...

Notes to the accounts
12 Intangible fixed assets: goodwill and others
Group Group University University
2009 2008 2009 2008
£m £m £m £m
Opening balance 3.8 5.7 3.5 5.0
Additions/(disposals) in the year 1.2 – 1.2 –
Amortisation charge for the year (1.8) (1.8) (1.5) (1.5)
Currency adjustments 0.3 (0.1) – –
Closing balance 3.5 3.8 3.2 3.5
13 Tangible fixed assets
Group Land and Assets in Equipment Heritage 2009 2008
buildings construction assets Total Total
£m £m £m £m £m £m
Cost or valuation
At 1 August 1,065.6 54.6 220.6 30.3 1,371.1 1,271.6
Additions at cost 5.6 52.7 25.6 0.7 84.6 119.1
Transfers 36.4 (38.3) 1.9 – – –
Disposals (3.2) – (8.9) – (12.1) (20.2)
Currency adjustments 4.3 – 1.6 – 5.9 0.6
At 31 July 1,108.7 69.0 240.8 31.0 1,449.5 1,371.1
Depreciation
At 1 August 184.9 – 145.3 – 330.2 288.7
Charge for the year 32.6 – 29.1 – 61.7 59.7
Elimination on disposals (0.1) – (6.9) – (7.0) (18.9)
Currency adjustments 0.5 – 1.0 – 1.5 0.7
At 31 July 217.9 – 168.5 – 386.4 330.2
Net book value
At 31 July 890.8 69.0 72.3 31.0 1,063.1 1,040.9
At 1 August 880.7 54.6 75.3 30.3 1,040.9 982.9
University
Cost or valuation
At 1 August 1,058.1 53.9 202.3 30.3 1,344.6 1,258.8
Additions at cost 5.4 55.9 23.1 0.7 85.1 116.0
Transfers 39.9 (40.9) 1.0 – – –
Disposals (3.2) – (4.9) – (8.1) (30.7)
Currency adjustments 4.3 – 1.2 – 5.5 0.5
At 31 July 1,104.5 68.9 222.7 31.0 1,427.1 1,344.6
Depreciation
At 1 August 180.3 – 132.4 – 312.7 280.4
Charge for the year 34.9 – 27.0 – 61.9 58.1
Elimination on disposals (0.1) – (3.3) – (3.4) (26.0)
Currency adjustments 0.5 – 0.7 – 1.2 0.2
At 31 July 215.6 – 156.8 – 372.4 312.7
Net book value
At 31 July 888.9 68.9 65.9 31.0 1,054.7 1,031.9
At 1 August 877.8 53.9 69.9 30.3 1,031.9 978.4
86 University of Cambridge Annual Report 2009