Brambles 2006 Annual Report - Alle jaarverslagen

166
Brambles
2006 Annual Report
NOTES TO AND FORMING PART OF
THE BIP PARENT ENTITY FINANCIAL STATEMENTS continued
for the year ended 30 June 2006
Note 5.
Property, plant and equipment
Plant and
equipment
£m
Software
£m
Cost
At beginning of year 0.8 0.3 1.1
Additions – – –
Disposals – – –
At end of year 0.8 0.3 1.1
Accumulated depreciation
At beginning of year (0.6) (0.1) (0.7)
Depreciation charge for the year (0.2) (0.1) (0.3)
Disposals – – –
At end of year (0.8) (0.2) (1.0)
Net book value
At end of year – 0.1 0.1
At beginning of year 0.2 0.2 0.4
Total
£m
Note 6.
Fixed asset investments
Shares in Group undertakings
At beginning of year, as previously reported 38.1 35.5
Adjustment for adoption of FRS 20 – 1.3
At beginning of year, as restated 38.1 36.8
Additions arsing from share-based payments 2.3 1.3
At end of year 40.4 38.1
2006
£m
2005
£m
The Company’s direct subsidiary undertakings are:
% interest held
Place of incorporation
June
2006
June
2005
Brambles Holdings (UK) Limited England and Wales 100 100
Brambles North America Inc USA 100 100
Brambles Finance plc England and Wales 100 100
CHEP South Africa (Pty) Limited South Africa 100 100
Refer to Note 36 within the 2006 Consolidated Financial Report for a listing of principal subsidiary undertakings of the Group.
In the opinion of the Directors the value of the investments are not less than their cost.