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WWU Regulatory Accounts to 31st March 2006 - Our Home Page

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NOTES TO THE REGULATORY ACCOUNTS<br />

FOR THE YEAR ENDED 31 MARCH <strong>2006</strong><br />

5. Tangible fixed assets (continued)<br />

Metering activities<br />

Freehold land Gas distribution Vehicles, plant Assets under<br />

and buildings network assets and equipment construction<br />

Total<br />

£m £m £m £m £m<br />

Cost or valuation<br />

At 1 April 2005 - - - - -<br />

On transfer of business - - - - -<br />

Transferred from group companies - - - - -<br />

Additions - - - 1.0 1.0<br />

Transfers in period - 1.0 - (1.0) -<br />

At 31 <strong>March</strong> <strong>2006</strong> - 1.0 - - 1.0<br />

Accumulated depreciation<br />

At 1 April 2005 - - - -<br />

Charge for the period - - - - -<br />

At 31 <strong>March</strong> <strong>2006</strong> - - - - -<br />

Net book value<br />

At 31 <strong>March</strong> <strong>2006</strong> - 1.0 - - 1.0<br />

At 31 <strong>March</strong> 2005 - - - - -<br />

Analysis of net book value at 31 <strong>March</strong> <strong>2006</strong><br />

Owned - 1.0 - - 1.0<br />

Held under finance lease - - - - -<br />

- 1.0 - - 1.0<br />

Wales & West Utilities Ltd (Formerly Blackwater 2 Ltd)<br />

32

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