Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure

10. Property, plant and equipment, net

	December 31,	December 31,
	2012	2011
	$’M	$’M
	____________	____________
Land and buildings	701.2	708.0
Office furniture, fittings and equipment	383.8	338.1
Warehouse, laboratory and manufacturing equipment	287.2	271.9
Assets under construction	93.8	81.7
	____________	____________
	1,466.0	1,399.7
Less: Accumulated depreciation	(510.2)	(467.6)
	____________	____________
	955.8	932.1
	____________	____________

Depreciation expense for the years to December 31, 2012, 2011 and 2010 was $113.8 million, $128.1 million, and $119.2 million respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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