Investor Presentaiton
BOOHOO GROUP PLC
NOTES TO THE FINANCIAL STATEMENTS
(FORMING PART OF THE FINANCIAL STATEMENTS) CONTINUED
12 PROPERTY, PLANT AND EQUIPMENT
'
13 RIGHT-OF-USE ASSETS
ANNUAL REPORT AND ACCOUNTS 2021
Transition on adoption of IFRS 16 on 1 March 2019
Additions
Balance at 29 February 2020
Short
leasehold
properties
£ million
23.5
3.6
27.1
7.8
34.9
Short
leasehold
alterations
Fixtures and
fittings
Computer
equipment
Motor
Land &
vehicles
buildings
Total
£ million
£ million
£ million
£ million
£ million
£ million
Cost
Cost
Balance at 28 February 2019
6.0
71.8
4.6
0.4
40.2
123.0
Additions
3.6
15.7
2.1
0.5
0.5
22.4
Exchange differences
0.1
0.1
Disposals
(0.5)
(0.6)
(0.4)
(1.5)
Additions
Balance at 29 February 2020
9.1
86.9
6.3
0.9
40.8
144.0
Balance at 28 February 2021
Additions
10.2
16.1
3.6
0.1
7.0
37.0
Exchange differences
(0.2)
(0.2)
Disposals
(0.6)
(0.8)
(1.4)
Balance at 28 February 2021
19.3
102.4
9.1
1.0
47.6
179.4
Accumulated depreciation
Accumulated depreciation
At 1 March 2019
Depreciation for year
Balance at 29 February 2020
Depreciation for
year
Balance at 28 February 2021
Balance at 28 February 2019
1.2
Depreciation charge for the year
1.8
28
9.5
2.2
0.1
1.5
14.5
7.1
1.6
0.2
0.8
11.5
Net book value
Exchange differences
At 1 March 2019
Disposals
(0.3)
(0.6)
(0.3)
(1.2)
At 29 February 2020
Balance at 29 February 2020
2.7
16.0
3.5
0.3
2.3
24.8
At 28 February 2021
Depreciation charge for the
year
2.0
9.1
2.1
0.3
0.9
14.4
Disposals
(0.6)
(0.8)
(1.4)
Balance at 28 February 2021
4.7
24.5
4.8
0.6
3.2
37.8
Net book value
At 28 February 2019
At 29 February 2020
At 28 February 2021
4.8
62.3
6.4
14.6
70.9
77.9
22
2.4
0.3
38.7
108.5
2.8
0.6
38.5
119.2
4.3
0.4
44.4
141.6
The amounts of depreciation included in the statement of comprehensive income in distribution costs is £8.7 million (2020: £7.1 million) and in
administrative expenses is £5.7 million (2020: £4.4 million).
104
105
/// FINANCIAL STATEMENTS
7.4
5.1
12.5
5.7
18.2
16.1
14.6
16.7View entire presentation