Notes to the financial statements

for the year ended 3 January 2009

14.Property, plant and equipment - Group

	Land and buildings €'000	Plant and equipment €'000	Motor vehicles €'000	Total €'000
Year ended 29 December 2007
Opening net book amount	139,000	195,375	777	335,152
Exchange differences	(3,382)	(7,218)	(34)	(10,634)
Acquisition of subsidiaries	1,849	1,455	278	3,582
Additions	9,117	41,816	392	51,325
Disposals	(9,426)	(6,801)	(117)	(16,344)
Reclassification	-	266	-	266
Transfer to disposal group held for sale	(20,649)	(16,681)	-	(37,330)
Depreciation charge	(4,922)	(21,747)	(577)	(27,246)
Closing net book amount	111,587	186,465	719	298,771
At 29 December 2007
Cost	167,604	523,626	18,463	709,693
Accumulated depreciation	(56,017)	(337,161)	(17,744)	(410,922)
Net book amount	111,587	186,465	719	298,771
Year ended 3 January 2009
Opening net book amount	111,587	186,465	719	298,771
Exchange differences	2,075	4,342	(12)	6,405
Acquisition of subsidiaries (note 41)	1,330	2,033	26	3,389
Additions	23,753	57,374	299	81,426
Disposals	(1,184)	(1,604)	(50)	(2,838)
Reclassification	-	(289)	56	(233)
Depreciation charge	(4,566)	(20,698)	(525)	(25,789)
Closing net book amount	132,995	227,623	513	361,131
At 3 January 2009
Cost	193,578	585,482	18,782	797,842
Accumulated depreciation Net book amount	(60,583)	(357,859)	(18,269)	(436,711)
Net book amount	132,995	227,623	513	361,131

Depreciation expense of €25,789,158 (2007: €27,245,814) has been charged as follows: cost of sales €22,989,638 (2007:€24,483,735), distribution expenses €1,159,010 (2007: €1,101,849) and administration expenses €1,640,510 (2007: €1,660,230).

Leased assets, comprising plant and equipment where the Group is a lessee under a finance lease, comprise as follows:

	2008 €'000	2007 €'000
Cost - capitalised finance leases	41,673	43,976
Accumulated depreciation	(27,830)	(27,250)
Net book amount	13,843	16,726

Operating lease rentals amounting to €10,356,958 (2007: €9,116,980) are included in the income statement.

Included in the cost of plant and equipment is an amount of €18,042,531 (2007: €24,780,022) incurred in respect of assets under construction.

Borrowing costs incurred on significant capital projects are capitalised. The amount capitalised, using the Group's incremental cost of borrowing amounted to €589,000 in 2008 (2007: nil).

Capitalised borrowing costs will be depreciated to the income statement and will be deducted in determining taxable profit over the life of the underlying asset.

The Group does not have any assets secured against borrowings.