EirGrid plc Annual Report 2012

EIRGRID PLC ANNUAL REPORT & ACCOUNTS 201212. Property, Plant & Equipment (continued)IT, telecomm- SingleFixtures unications Electricity Assets underand equipment Market ConstructionCompany Buildings* fittings and other ** *** Total€’000 €’000 €’000 €’000 €’000 €’000CostBalance as at 1 Oct 2010 10,403 1,460 42,956 41,418 3,206 99,443Additions - - 16 - 11,567 11,583Disposals - - (55) - - (55)Transfers (including intra-Group) 4 163 5,600 - (5,767) -Balance as at 30 Sep 2011 10,407 1,623 48,517 41,418 9,006 110,971Additions - - - - 16,258 16,258Transfers - 21 15,444 - (15,465) -Balance as at 30 Sep 2012 10,407 1,644 63,961 41,418 9,799 127,229DepreciationBalance as at 1 Oct 2010 942 585 22,150 22,091 - 45,768Charge 434 302 7,195 8,212 - 16,143Disposals - - (53) - - (53)Balance as at 30 Sep 2011 1,376 887 29,292 30,303 - 61,858Charge 433 325 8,162 8,212 - 17,132Balance as at 30 Sept 2012 1,809 1,212 37,454 38,515 - 78,990Carrying amount as at30 September 2012 8,598 432 26,507 2,903 9,799 48,239Carrying amount as at30 September 2011 9,031 736 19,225 11,115 9,006 49,113* The cost of the Company’s buildings represents leasehold improvements. See note 18 for details of the lease.** The Single Electricity Market asset is the central IT system used to settle and administer the wholesaleelectricity market in the island of Ireland.*** Assets under Construction consist of the following:30 Sep 2012 30 Sep 2011€’000 €’000IT and telecommunications equipment 9,799 9,006109