10. Property, plant and equipment
All figures in £ millions |
Land and buildings |
Plant and equipment |
Assets in course of construction |
Total | ||||||||||||
Cost |
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At 1 January 2016 |
359 | 508 | 22 | 889 | ||||||||||||
Exchange differences |
44 | 83 | 2 | 129 | ||||||||||||
Additions |
26 | 59 | 4 | 89 | ||||||||||||
Disposals |
(26 | ) | (100 | ) | — | (126 | ) | |||||||||
Disposal through business disposal |
(1 | ) | (2 | ) | — | (3 | ) | |||||||||
Reclassifications |
(4 | ) | 12 | (8 | ) | — | ||||||||||
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At 31 December 2016 |
398 | 560 | 20 | 978 | ||||||||||||
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Exchange differences |
(20 | ) | (29 | ) | (2 | ) | (51 | ) | ||||||||
Additions |
26 | 40 | 24 | 90 | ||||||||||||
Disposals |
(13 | ) | (34 | ) | — | (47 | ) | |||||||||
Disposal through business disposal |
(11 | ) | (5 | ) | — | (16 | ) | |||||||||
Reclassifications |
5 | 8 | (13 | ) | — | |||||||||||
Transfer to intangible assets |
— | (11 | ) | — | (11 | ) | ||||||||||
Transfer to assets classified as held for sale |
(55 | ) | (2 | ) | — | (57 | ) | |||||||||
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At 31 December 2017 |
330 | 527 | 29 | 886 | ||||||||||||
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All figures in £ millions |
Land and buildings |
Plant and equipment |
Assets in course of construction |
Total | ||||||||||||
Depreciation |
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At 1 January 2016 |
(192 | ) | (377 | ) | — | (569 | ) | |||||||||
Exchange differences |
(26 | ) | (62 | ) | — | (88 | ) | |||||||||
Charge for the year |
(34 | ) | (61 | ) | — | (95 | ) | |||||||||
Disposals |
22 | 95 | — | 117 | ||||||||||||
Reclassifications |
1 | (1 | ) | — | — | |||||||||||
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At 31 December 2016 |
(229 | ) | (406 | ) | — | (635 | ) | |||||||||
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Exchange differences |
12 | 23 | — | 35 | ||||||||||||
Charge for the year |
(35 | ) | (55 | ) | — | (90 | ) | |||||||||
Disposals |
9 | 26 | — | 35 | ||||||||||||
Disposal through business disposal |
6 | 3 | — | 9 | ||||||||||||
Transfer to assets classified as held for sale |
40 | 1 | — | 41 | ||||||||||||
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At 31 December 2017 |
(197 | ) | (408 | ) | — | (605 | ) | |||||||||
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Carrying amounts |
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At 1 January 2016 |
167 | 131 | 22 | 320 | ||||||||||||
At 31 December 2016 |
169 | 154 | 20 | 343 | ||||||||||||
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At 31 December 2017 |
133 | 119 | 29 | 281 | ||||||||||||
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Depreciation expense of £23m (2016: £21m) has been included in the income statement in cost of goods sold and £67m (2016: £74m) in operating expenses.
The Group leases certain equipment under a number of finance lease agreements. The net carrying amount of leased plant and equipment included within property, plant and equipment was £9m (2016: £10m).