Annual Report 2010 in PDF - BBA Aviation

Financial statements Notes to the Company Financial Statements – continued
85 Independent Auditor’s
Report to the Members of
BBA Aviation plc in Respect
of the Consolidated
Financial Statements
3. Tangible f xed assets
Land and Plant and
Land and Plant and
buildings machinery Total buildings machinery Total
2010 2010 2010 2009 2009 2009
86 Consolidated Income
Statement
£m £m £m £m £m £m
87 Consolidated Statement of
Comprehensive Income
Cost or valuation
Beginning of year 0.6 1.0 1.6 0.6 0.9 1.5
88 Consolidated Balance Sheet Additions – – – – 0.1 0.1
89 Consolidated Cash Flow Asset write–downs – – – – – –
Statement
End of year 0.6 1.0 1.6 0.6 1.0 1.6
90 Consolidated Statement of
Changes in Equity
Accumulated depreciation
91 Accounting Policies of Beginning of year 0.4 0.9 1.3 0.3 0.8 1.1
the Group Provided during the year 0.1 – 0.1 0.1 0.1 0.2
95 Notes to the Consolidated
Financial Statements
Asset write-downs
End of year
–
0.5
–
0.9
–
1.4
–
0.4
–
0.9
–
1.3
126 Independent Auditor’s
Report to the Members of
BBA Aviation plc in Respect
of the Parent Company
Net book value end of year
Owned assets – 0.1 0.1 – 0.1 0.1
Financial Statements Leased assets 0.1 – 0.1 0.2 – 0.2
0.1 0.1 0.2 0.2 0.1 0.3
127 Company Balance sheet
128 Accounting Policies of
the Company
129 Notes to the Company
Financial Statements
134 Principal Subsidiary Land and buildings
Undertakings Short leasehold 0.1 0.2
135 Five Year Summary
0.1 0.2
136 Shareholder Information
130 — Company Financial Statements
4. Fixed asset investments
2010
£m
2009
£m
2010 2009
£m £m
Subsidiary undertakings
Cost of shares
Beginning of year 2,239.7 2,239.7
Additions – –
End of year 2,239.7 2,239.7
Provisions for impairments
Beginning of year (28.4) (54.3)
Reversal of impairment loss – 25.9
End of year (28.4) (28.4)
Net book value end of year
Loans to subsidiary undertakings
2,211.3 2,211.3
Beginning and end of year
Total
103.4 103.4
Fixed asset investments 2,314.7 2,314.7
The principal subsidiary undertakings of BBA Aviation plc are listed on page 134.
5. Debtors
2010 2009
£m £m
Trade debtors
Amounts owed by subsidiary undertakings 695.9 620.2
Other debtors, prepayments and accrued income 17.0 13.8
Debtors due within one year 712.9 634.0
Other debtors due after one year 1.3 4.0