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Did Next impair its PPE during the year? If yes, by how much? nextplc NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 9. Property, Plant and Equipment
Did Next impair its PPE during the year? If yes, by how much?
nextplc NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 9. Property, Plant and Equipment Freehold property m Leasehold property m Plant and equipment m Total m Em 79.5 9.4 1.3 Cost At January 2018 Exchange movement Additions Disposals At January 2019 Exchange movement Additions Disposals At January 2020 1,728.5 (0.2) 127.3 (70.6) 1,785.0 (0.2) 9.2 80.8 1,817.4 (0.2) 128.6 (70.8) 1,875.0 0.1 138.8 (48.9) 1,965.0 0.1 16.6 122.2 (48.9) 1,858.4 97.4 9.2 8.4 1.6 1,248.5 (0.2) 119.9 0.2 1.8 Depreciation At January 2018 Exchange movement Provided during the year Impairment charge Disposals At January 2019 Exchange movement Provided during the year Impairment charge Disposals At January 2020 (0.2) 1.4 8.6 (69.9) 1,300.1 0.1 1,258.5 (0.2) 120.1 1.8 (70.1) 1,310.1 0.1 119.2 4.5 (47.4) 1,386.5 0.3 118.9 4.5 (47.4) 1,376.2 8.9 1.4 88.5 7.8 482.2 578.5 Carrying amount At January 2020 At January 2019 At January 2018 72.2 7.8 484.9 564.9 558.9 71.1 7.8 480.0 At January 2020 the Group had entered into contractual commitments for the acquisition of property, plant and equipment amounting to 38.2m (2019: 63.8m). Plant and Equipment includes leasehold improvements. Impairment charges relate to the impairment of shop fittings on loss-making storesStep by Step Solution
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