The Christie NHS FT Annual Report & Accounts 2019-20

Consolidated Accounts of The Christie NHS Foundation Trust 2019-2020

10.3 Property, Plant and Equipment (continued)

The net book value of land and buildings at 31 March comprises:

Group

Group

2018-2019

2019-2020

£000

£000

Freehold

228,215 20,553

232,200 21,034

Long leasehold Short leasehold

0

0

248,768

Total

253,234

10.4 Economic Lives of Non-current Assets

Group

Min Life

Max Life

Intangible assets Software purchased

Years

Years

1

5

Property, Plant and Equipment Buildings excluding dwellings

9 1 1 1

75 20

Plant and machinery Transport Equipment Information technology

5 5

10.5 Impairments Impairments charged in the year to the Statement of Comprehensive Income

Group

Group

2018-2019

2019-2020

Property, plant and equipment

Property, plant and equipment

Intangible assets

Intangible assets

£000

£000

£000

£000

Impairments arose from: Other (specify) Reversal of impairments

18,225 (220) 18,005

0 0 0

985

0 0 0

(4,796) (3,811)

Total

The existing buildings have been revalued and changes reflect movements in general market prices.

10.6 Net book value of assets held under finance leases

Group 2018-19

2019-20 Group

Buildings excluding dwellings

PFI

Total

Buildings

PFI

Total

arrangements

excluding arrangements

dwellings

£000

£000

£000

£000

£000

£000

Cost or valuation at 1 April

25,902

2,573

28,475

25,352

2,573

27,925

Impairments

(265)

0 0 0

(265)

Reversal of impairments credited to operating expenses

0

0

422 489

422 489

0 0

Revaluation

(285)

(285)

25,352

2,573

27,925

Gross Cost at 31 March

26,263

2,573

28,836

Accumulated Depreciation Accumulated Depreciation at 1 April

4,323

2,455

6,778

4,799

2,573

7,372

Charged during the year

476

118

594

431

0

431

4,799

2,573

7,372

Accumulated Depreciation at 31 March

5,230

2,573

7,803

20,553

0

20,553

Net book value at 31 March

21,033

0

21,033

0

Net book value - purchased at 31 March Net book value - Charity funded at 31 March

9,049 11,504 20,553

0 0 0

9,049 11,504 20,553

9,259

0 0 0

9,259

11,774 21,033

11,774 21,033

Net book value at 31 March

The Finance Leases for Buildings consist of:

Net Book value £000

Salford Satellite Oldham Satellite

7,930

11,030

MCRC Exchequer funded MCRC Charity funded

1,329

744

Net book value at 31 March 2020

21,033

29 191

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