Information

Scottish Government consolidated accounts: 2018-2019

Annual report of consolidated financial results of the Scottish Government, its Executive Agencies and the Crown Office, prepared in accordance with IFRS.


5. Property, Plant and Equipment

5a. Property, Plant and Equipment

Land1 Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Cost or valuation £m £m £m £m £m £m £m £m £m £m
At 1 April 2018 491 7,129 692 23,485 208 1,197 410 88 1,476 35,176
Prior Year Adjustments - - - - - - - - (3) (3)
Additions 1 34 1 5 11 53 18 1 436 560
Historic valuation adjustments - - - 246 - - - - - 246
Transfers 1 327 2 348 13 44 11 1 (743) 4
Transfers (to) assets classified held for sale (5) (1) - - - - - - - (6)
Disposals (3) (28) - - (21) (50) (11) (1) - (114)
Revaluations to Revaluation Reserve 4 (14) 3 810 (1) - (2) - 31 831
Revaluations to Outturn Statement (2) (32) (2) - - - - - (41) (77)
At 31 March 2019 487 7,415 696 24,894 210 1,244 426 89 1,156 36,617
Depreciation
At 1 April 2018 - 351 20 4,090 125 827 320 63 - 5,796
Charged in year - 202 21 88 16 82 30 6 - 445
Historic valuation adjustments - - - 6 - - - - - 6
Transfers - - - - - 3 - - - 3
Disposal - (27) - - (21) (49) (11) (1) - (109)
Revaluations to Revaluation Reserve - (116) (10) 165 - - (2) - - 37
Revaluations to Outturn Statement - (27) (1) - - 2 2 - - (24)
At 31 March 2019 - 383 30 4,349 120 865 339 68 - 6,154
Net book value at 31 March 2019 487 7,032 666 20,545 90 379 87 21 1,156 30,463
Net book value at 31 March 2018 491 6,778 672 19,395 83 370 90 25 1,476 29,380
Land1 Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Analysis of asset financing: £m £m £m £m £m £m £m £m £m £m
Owned 479 4,738 579 17,644 79 363 86 18 635 24,621
Finance Leased - 37 - - 7 1 - - - 45
PFI included in Statement of Financial Position 7 2,193 87 2,901 - - - 2 515 5,705
Donated Asset 1 64 - - 4 15 1 1 6 92
Net book value at 31 March 2019 487 7,032 666 20,545 90 379 87 21 1,156 30,463
Land1 Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Donated Asset Movement £m £m £m £m £m £m £m £m £m £m
Additions - 1 - - - 3 - - 2 6
Disposals - - - - - (1) - - - (1)

1 - (land holdings and land underlying buildings); 2 - (excluding dwellings); 3 - (including land)

Prior Year Land1 Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Cost or valuation £m £m £m £m £m £m £m £m £m £m
At 1 April 2017 481 6,629 637 21,542 207 1,192 414 89 2,870 34,061
Additions 7 31 1 7 2 55 21 1 758 883
Adjustments - (5) - - - - - - - (5)
Historic valuation adjustments - - - (9) - - - - - (9)
Transfers 4 371 (1) 1,696 18 31 10 6 (2,139) (4)
Transfers (to) assets classified held for sale (1) - - - - - - - - (1)
Disposals (7) (2) - (1) (20) (81) (35) (8) - (154)
Revaluations to Revaluation Reserve 8 80 56 250 1 - - - - 395
Revaluations to Outturn Statement (1) 25 (1) - - - - - (13) 10
At 31 March 2018 491 7,129 692 23,485 208 1,197 410 88 1,476 35,176
Depreciation
At 1 April 2017 - 279 1 3,880 127 825 323 64 - 5,499
Charged in year - 194 19 52 16 81 31 6 - 399
Adjustments - (5) - - - - - - - (5)
Historic valuation adjustments - - - (2) - - - - - (2)
Transfers - (2) - - - - - 1 - (1)
Revaluations to Revaluation Reserve - (61) 1 160 1 - - - - 101
Revaluations to Outturn Statement - (52) (1) - 1 1 1 - - (50)
At 31 March 2018 - 351 20 4,090 125 827 320 63 - 5,796
Net book value at 31 March 2018 491 6,778 672 19,395 83 370 90 25 1,476 29,380
Net book value at 31 March 2017 481 6,350 636 17,662 80 367 91 25 2,870 28,562
Land1 Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Analysis of asset financing: £m £m £m £m £m £m £m £m £m £m
Owned 484 4,699 583 16,798 77 354 88 21 515 23,619
Finance Leased - 38 - - 2 1 - - - 41
PFI included in Statement of Financial Position 7 1,980 88 2,597 - 1 1 3 953 5,630
Donated Asset - 61 1 - 4 14 1 1 8 90
Net book value at 31 March 2017 491 6,778 672 19,395 83 370 90 25 1,476 29,380
Land1 Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Donated Asset Movement £m £m £m £m £m £m £m £m £m £m
Additions - 8 - - - 2 - - 5 15
Disposals - - - - - (4) - - - (4)

1 - (land holdings and land underlying buildings); 2 - (excluding dwellings); 3 - (including land)

5b. Property, Plant and Equipment - NHS non-current assets included within note 5a

Land¹ Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Cost or valuation £m £m £m £m £m £m £m £m £m £m
At 1 April 2018 364 6,441 25 - 99 1,150 329 85 505 8,998
Additions 1 27 - - 2 49 10 1 255 345
Transfers 1 326 - - 13 43 10 1 (392) 2
Transfers (to) assets classified held for sale (5) (1) - - - - - - - (6)
Disposals (3) (2) - - (11) (47) (4) (1) - (68)
Revaluations to Revaluation Reserve 5 (5) - - - - (2) - 31 29
Revaluations to Outturn Statement (2) (32) - - - - - - (41) (75)
At 31 March 2019 361 6,754 25 - 103 1,195 343 86 358 9,225
Depreciation
At 1 April 2018 - 269 1 - 55 787 262 61 - 1,435
Charged in year - 179 1 - 11 79 22 5 - 297
Transfers - - - - - 3 - - - 3
Disposal - (1) - - (10) (46) (4) (1) - (62)
Revaluations to Revaluation Reserve - (86) (1) - - - (2) - - (89)
Revaluations to Outturn Statement - (26) - - - 2 1 - - (23)
At 31 March 2019 - 335 1 - 56 825 279 65 - 1,561
Net book value at 31 March 2019 361 6,419 24 - 47 370 64 21 358 7,664
Net book value at 31 March 2018 364 6,172 24 - 44 363 67 24 505 7,563
Land¹ Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Analysis of asset financing: £m £m £m £m £m £m £m £m £m £m
Owned 353 4,182 23 - 47 353 63 18 237 5,276
Finance Leased - 26 - - - 1 - - - 27
PFI included in Statement of Financial Position 7 2,147 - - - 1 1 2 116 2,274
Donated Asset 1 64 1 - - 15 - 1 6 88
Net book value at 31 March 2019 361 6,419 24 - 47 370 64 21 359 7,665
Land¹ Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Donated Asset Movement £m £m £m £m £m £m £m £m £m £m
Additions - 1 - - - 3 - - 2 6
Disposals - - - - - (1) - - - (1)

1 - (land holdings and land underlying buildings); 2 - (excluding dwellings);

Prior Year Land¹ Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Cost or valuation £m £m £m £m £m £m £m £m £m £m
At 1 April 2017 362 5,986 29 - 100 1,145 338 85 613 8,658
Additions 1 26 - - 1 53 14 1 346 442
Transfers 4 371 (1) - 18 31 10 6 (441) (2)
Transfers (to) assets classified held for sale (1) - - - - - - - - (1)
Disposals (7) (2) - - (20) (79) (33) (7) - (148)
Revaluations to Revaluation Reserve 6 36 (2) - - - - - - 40
Revaluations to Outturn Statement (1) 24 (1) - - - - - (13) 9
At 31 March 2018 364 6,441 25 - 99 1,150 329 85 505 8,998
Depreciation
At 1 April 2017 - 215 1 - 64 787 271 61 - 1,399
Charged in year - 172 1 - 10 78 23 6 - 290
Transfers - (2) - - - - - 1 - (1)
Disposal - (2) - - (20) (79) (32) (7) - (140)
Revaluations to Revaluation Reserve - (62) - - - - - - - (62)
Revaluations to Outturn Statement - (52) (1) - 1 1 - - - (51)
At 31 March 2018 - 269 1 - 55 787 262 61 - 1,435
Net book value at 31 March 2018 364 6,172 24 - 44 363 67 24 505 7,563
Net book value at 31 March 2017 362 5,771 28 - 36 358 67 24 613 7,259
Land¹ Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Analysis of asset financing: £m £m £m £m £m £m £m £m £m £m
Owned 357 4,151 24 - 44 346 65 20 390 5,397
Finance Leased - 27 - - - 1 - - - 28
PFI included in Statement of Financial Position 7 1,934 - - - 1 1 3 107 2,053
Donated Asset - 60 - - - 15 1 1 8 85
Net book value at 31 March 2018 364 6,172 24 - 44 363 67 24 505 7,563
Land1 Buildings2 Dwellings Road
Network3
Transport Equipment ICT
Systems
Fixtures
and fittings
Assets under
Construction
Total
Donated Asset Movement £m £m £m £m £m £m £m £m £m £m
Additions - 8 - - - 2 - - 5 15
Disposals - - - - - (4) - - - (4)

1 - (land holdings and land underlying buildings); 2 - (excluding dwellings);

5c. Non Current Asset Disclosures

2018-19 2017-18
£m £m
Net book value of Property, Plant and Equipment 30,463 29,380
Total value of assets held under:
Finance Leases 45 41
Hire Purchase Contracts - -
PFI and PPP Contracts 5,306 5,630
Total 5,351 5,671
Total depreciation charged in respect of assets held under:
Finance leases 5 5
PFI and PPP contracts 49 44
Total 54 49

As part of the 5-year rolling programme, 8 properties - Gartcosh Crime Campus, the Marine Laboratory, Victoria Quay, Faskally Fisheries Laboratory, Shambellie House, Cameron House, Almondbank Salmon Rearing Unit and Baddoch Burn Fish Trap, underwent a formal revaluation as at 31 March 2019, all were inspected with the exception of Victoria Quay where a desktop valuation was carried out. These valuations were on the basis of Existing Use Value, with the exception of specialist buildings at Gartcosh Crime Campus and the Marine Laboratory which were valued on the basis of Depreciated Replacement Cost. Valuations were carried out by the VOA. These valuations were carried out in accordance with the professional standards of the Royal Institution of Chartered Surveyors; RICS Valuation- Global Standards 2017 and RICS UK National Supplement 2017 (latest update effective from 14 January 2019), commonly known together as the Red Book. In particular UK VPGA (Valuation Practice Guidance- Application) 5 addresses the valuation of central government assets for accounting purposes.

In addition to the land and buildings recorded in the core portfolios' accounts, the consolidated accounts reflect some land and buildings which are specialised operational properties and have been valued at their depreciated replacement cost. As noted in the relevant underlying agency accounts, the open market value of these properties would be significantly lower.

The national NHS estate revaluation scheme came to an end at 31 March 2005. Individual boards have instituted their own schemes, details of which are available in the various NHS Board accounts. These schemes operate in accordance with Scottish Government policy on revaluation as set out in Note 1.2 to these accounts.

Contact

Email: alison.douglas@gov.scot

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