Description Page - Doosan Power Systems

8. Tangible fixed assets (continued)
DOOSAN BABCOCK ENERGY
Annual Report and Financial Statements 2007
Land & Plant &
buildings equipment Total
£000 £000 £000
Company
Cost
At 1 April 2007 3,988 59,255 63,243
Additions – 1,917 1,917
Disposals (23) (10,050) (10,073)
Reclassifications (16) 16 –
At 31 December 2007 3,949 51,138 55,087
Depreciation
At 1 April 2007 2,166 51,385 53,551
Charge for period 82 2,234 2,316
Disposals (16) (10,047) (10,063)
At 31 December 2007 2,232 43,572 45,804
Net book value
31 December 2007 1,717 7,566 9,283
31 March 2007 1,822 7,870 9,692
Included in the net book value of land and buildings is land costing £297,000 (March 2007: £297,000) which is not depreciated.
Included in the net book value of plant and equipment is £444,000 (March 2007: £617,000) in respect of assets held under finance leases.
Depreciation for the period on these assets was £173,000 (March 2007: £224,000).
The net book value of land and buildings comprises:
December March
2007 2007
£000 £000
Freehold 1,134 1,181
Leasehold - short 583 641
9. Fixed asset investments
1,717 1,822
Shares in
Investment subsidiary
in associates undertakings Total
£000 £000 £000
Company - Cost
At April 2007 – 1,000 1,000
Transfer from debtors 250 – 250
Additions 163 – 163
At 31 December 2007 413 1,000 1,413
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