Notes to the consolidated financial statements
- « 25 Other intangible assets
- 26 Tangible fixed assets
- 27 Other assets »
26 Tangible fixed assets
| Premises |
Equipment |
Operating |
Total tangible |
|
|---|---|---|---|---|
| Cost: |
||||
| At 1 January 2007 |
1,488 |
2,849 |
2,866 |
7,203 |
| Exchange and other adjustments |
– |
2 |
(24) |
(22) |
| Adjustments on disposal of businesses |
(53) |
(89) |
– |
(142) |
| Adjustments on deconsolidation of subsidiaries |
– |
– |
(1,015) |
(1,015) |
| Additions |
60 |
286 |
549 |
895 |
| Disposals |
(58) |
(177) |
(945) |
(1,180) |
| At 31 December 2007 |
1,437 |
2,871 |
1,431 |
5,739 |
| Exchange and other adjustments |
2 |
18 |
70 |
90 |
| Additions |
96 |
341 |
556 |
993 |
| Disposals |
(19) |
(82) |
(493) |
(594) |
| At 31 December 2008 |
1,516 |
3,148 |
1,564 |
6,228 |
| Accumulated depreciation and impairment: |
||||
| At 1 January 2007 |
675 |
1,960 |
316 |
2,951 |
| Exchange and other adjustments |
– |
2 |
(3) |
(1) |
| Adjustments on disposal of businesses |
(11) |
(35) |
– |
(46) |
| Adjustments on deconsolidation of subsidiaries |
– |
– |
(86) |
(86) |
| Charge for the year |
83 |
242 |
269 |
594 |
| Disposals |
(29) |
(162) |
(321) |
(512) |
| At 31 December 2007 |
718 |
2,007 |
175 |
2,900 |
| Exchange and other adjustments |
1 |
10 |
21 |
32 |
| Charge for the year |
81 |
254 |
313 |
648 |
| Disposals |
(11) |
(63) |
(243) |
(317) |
| At 31 December 2008 |
789 |
2,208 |
266 |
3,263 |
| Balance sheet amount at 31 December 2008 |
727 |
940 |
1,298 |
2,965 |
| Balance sheet amount at 31 December 2007 |
719 |
864 |
1,256 |
2,839 |
At 31 December the future minimum rentals receivable under non-cancellable operating leases were as follows:
|
2008 |
2007 |
|
|---|---|---|
|
Receivable within 1 year |
294 |
259 |
|
1 to 5 years |
320 |
271 |
|
Over 5 years |
9 |
9 |
|
623 |
539 |
Equipment leased to customers under operating leases primarily relates to vehicle contract hire arrangements. During 2008 and 2007 no contingent rentals in respect of operating leases were recognised in the income statement.
In addition, total future minimum sub-lease income of £102 million at 31 December 2008 (£113 million at 31 December 2007) is expected to be received under non-cancellable sub-leases of the Group’s premises.