The financial statements of Marks and Spencer plc (M&S) are available at the book's companion website or can be accessed at http://corporate.marksandspencer.com/investors/b78e6f56a12d4fc3abacfe70e945c28c

Instructions

Refer to M&S's financial statements and the accompanying notes to answer the following questions.

(a)	What descriptions are used by M&S in its statement of financial position to classify its property, plant, and equipment?

(b)	What method or methods of depreciation does M&S use to depreciate its property, plant, and equipment?

(c)	Over what estimated useful lives does M&S depreciate its property, plant, and equipment?

(d)	What amounts for depreciation and amortization expense did M&S charge to its income statement in 2012 and 2011?

(e)	What were the capital expenditures for property, plant, and equipment made by M&S in 2012 and 2011?