Highways Agency Annual Report and Accounts 2011-2012
Highways Agency Annual Report and Accounts 2011-2012
Highways Agency Annual Report and Accounts 2011-2012
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Financial Statements: SECTION 10<br />
5 Programme Costs<br />
Restated<br />
Note <strong>2011</strong>-12 2010-11<br />
£000 £000<br />
Research <strong>and</strong> development expenditure 3,747 7,970<br />
Maintenance <strong>and</strong> similar activities 541,600 549,283<br />
Interest on PFI finance leases 119,707 105,331<br />
PFI service charges 314,814 289,346<br />
Information technology - 1,571<br />
Traffic Management vehicle costs 7,453 4,872<br />
Carbon emissions licence 1,008 -<br />
Other programme costs 14,127 19,871<br />
1,002,456 978,244<br />
Non-cash items:<br />
Depreciation:<br />
Property, plant <strong>and</strong> equipment 7 680,650 379,652<br />
Property, plant <strong>and</strong> equipment held under<br />
PFI leases 7 55,770 44,992<br />
Impairment of non-current assets 10 33,136 73,469<br />
Amortisation:<br />
Intangible fixed assets 8 5,066 5,794<br />
Write down of network assets 7 506,593 724,717<br />
Notional Costs:<br />
Loss on disposal of property, plant <strong>and</strong> equipment 294 3,387<br />
Provision for doubtful debt (475) 1,886<br />
Provision for slow moving stock 6,152 24,099<br />
Provisions provided for in year 15 (10,676) (50,107)<br />
1,276,510 1,207,889<br />
Total: Programme Costs 2,278,966 2,186,133<br />
<strong>Highways</strong> <strong>Agency</strong> <strong>Annual</strong> <strong>Report</strong> <strong>and</strong> <strong>Accounts</strong> <strong>2011</strong>-12
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