Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure

10. Property, plant and equipment, net

	December 31,	December 31,
	2013	2012
	$’M	$’M
	____________	____________
Land and buildings	695.0	701.2
Office furniture, fittings and equipment	467.0	383.8
Warehouse, laboratory and manufacturing equipment	276.2	287.2
Assets under construction	45.6	93.8
	____________	____________
	1,483.8	1,466.0
Less: Accumulated depreciation	(592.0)	(510.2)
	____________	____________
	891.8	955.8
	____________	____________

Depreciation expense for the years to December 31, 2013, 2012 and 2011 was $127.6 million, $109.0 million, and $119.5 million respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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