Full Annual Report - Inchcape

Financial statements
Notes to the accounts continued
1 Segmental analysis continued
2008
Australasia
£m
Europe
£m
North Asia
£m
South Asia
£m
United
Kingdom
£m
Russia and
Emerging
Markets
£m
Distribution
Total
Distribution
£m
Segment assets and liabilities
Segment assets 242.0 242.8 80.1 86.3 31.9 177.8 860.9
Other current assets
Non-current assets
Segment liabilities (197.0) (255.3) (34.9) (53.4) (84.9) (81.7) (707.2)
Other liabilities
Net assets
Segment assets include net inventory, trade receivables and derivative assets. Segment liabilities include payables, provisions and
derivative liabilities.
2008
Australasia
£m
Europe
£m
North Asia
£m
South Asia
£m
United
Kingdom
£m
Russia and
Emerging
Markets
£m
Distribution
Total
Distribution
£m
Other segment items
Capital expenditure:
– Property, plant and equipment 1.9 0.7 5.2 2.5 0.9 10.1 21.3
– Interest in leased vehicles – 13.7 – – 38.8 10.1 62.6
– Intangible assets 0.2 0.3 – – 0.4 0.2 1.1
Depreciation:
– Property, plant and equipment 2.2 1.4 3.0 1.7 1.3 3.3 12.9
– Interest in leased vehicles 0.6 4.8 – – 10.7 3.3 19.4
Amortisation of intangible assets 0.2 0.5 – 0.1 0.2 0.3 1.3
Impairment of goodwill – – – – – 46.8 46.8
Net provisions charged / (released) to the
consolidated income statement 5.2 17.2 2.1 3.7 9.2 6.0 43.4
Net provisions include inventory, trade receivables impairment and other liability provisions.
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Inchcape plc ¦ Annual Report and Accounts 2009