Description Page - Doosan Power Systems
Description Page - Doosan Power Systems
Description Page - Doosan Power Systems
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DOOSAN BABCOCK ENERGY<br />
Annual Report and Financial Statements 2007<br />
Notes to the financial statements continued<br />
8. Tangible fixed assets<br />
36<br />
Land & Plant &<br />
buildings equipment Total<br />
£000 £000 £000<br />
Group<br />
Cost<br />
At 1 April 2007 4,806 63,337 68,143<br />
Foreign exchange translation differences 122 502 624<br />
Additions 108 2,928 3,036<br />
Disposals (23) (10,678) (10,701)<br />
Reclassifications (16) 16 –<br />
At 31 December 2007 4,997 56,105 61,102<br />
Depreciation<br />
At 1 April 2007 2,400 54,179 56,579<br />
Foreign exchange translation differences 34 336 370<br />
Charge for period 158 2,499 2,657<br />
Disposals (16) (10,603) (10,619)<br />
At 31 December 2007 2,576 46,411 48,987<br />
Net book value<br />
31 December 2007 2,421 9,694 12,115<br />
31 March 2007 2,406 9,158 11,564<br />
Included in the net book value of land and buildings is land costing £297,000 (March 2007: £297,000) which is not depreciated.<br />
Included in the net book value of plant and equipment is £444,000 (March 2007: £641,000) in respect of assets held under finance leases.<br />
Depreciation for the period on these assets was £202,000 (March 2007: £261,000).<br />
The net book value of land and buildings comprises:<br />
December March<br />
2007 2007<br />
£000 £000<br />
Freehold 1,421 1,375<br />
Leasehold - short 1,000 1,031<br />
2,421 2,406
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