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12. Property, plant and equipment

  2008 2007
  Land and buildings £m Other tangible assets
£m
Capital
work in progress £m
Total £m Land
and buildings £m
Other tangible assets
£m
Capital work in progress £m Total £m
Cost                
At 1 January 521 2,773 105 3,399 505 2,567 85 3,157
Subsidiaries acquired 3 16 19
Capital expenditure 6 117 69 192 6 92 76 174
Disposals (1) (100) (101) (18) (74) (92)
Transfers 5 77 (82) 5 55 (60)
Currency variations 165 876 31 1,072 20 117 4 141
At 31 December 696 3,743 123 4,562 521 2,773 105 3,399
Accumulated depreciation and impairment                
At 1 January 115 1,822 1,937 111 1,692 1,803
Charge for the year:                
Charged to trading profit                
Depreciation 11 154 165 11 130 141
Impairments 1 1 1 1
Restructuring and impairment 14 113 127 (1) (8) (9)
Disposals (1) (96) (97) (10) (69) (79)
Currency variations 45 587 632 4 76 80
At 31 December 184 2,581 2,765 115 1,822 1,937
Net book amount at 31 December 512 1,162 123 1,797 406 951 105 1,462

Included within Other tangible assets at net book amount are plant and equipment £1,134 million (2007 – £928 million), fixtures and fittings £26 million (2007 – £21 million) and motor vehicles £2 million (2007 – £2 million). The net book amount of assets under finance leases is land and buildings £3 million (2007 – £7 million) and plant and equipment £1 million (2007 – £1 million).

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