PA Group Annual Report 2007
11. Tangible assets
Freehold Long leasehold Computers and other
property property office equipment Total
£000 £000 £000 £000
Group
Cost
At 1 January 2007 16,101 434 30,760 47,295
Additions during the year - 98 4,847 4,945
Disposals - - (2,308) (2,308)
Exchange rate movement - 20 272 292
At 31 December 2007 16,101 552 33,571 50,224

Accumulated depreciation
At 1 January 2007 2,275 28 20,842 23,145
Charged during the year 319 78 3,419 3,816
Disposals - - (2,290) (2,290)
Exchange rate movement - 18 197 215
At 31 December 2007 2,594 124 22,168 24,886

Net book amount
At 31 December 2007 13,507 428 11,403 25,338
At 31 December 2006 13,826 406 9,918 24,150
The net book value of fixed assets includes an amount of £1,031,000 (2006: £1,200,000) in respect of assets held under
finance leases. The related cost of these assets was £1,269,000 (2006: £1,228,000) and accumulated depreciation £238,000
(2006: £28,000).
Freehold Long leasehold Computers and other
property property office equipment Total
£000 £000 £000 £000
Company
Cost
At 1 January 2007 16,101 - 65 16,166
Additions during the year - - 1 1
At 31 December 2007 16,101 - 66 16,167

Accumulated depreciation
At 1 January 2007 2,275 - 63 2,338
Charged during the year 319 - 1 320
At 31 December 2007 2,594 - 64 2,658

Net book amount
At 31 December 2007 13,507 - 2 13,509
At 31 December 2006 13,826 - 2 13,828
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