The Scottish Government Consolidated Accounts for the year ended 31 March 2018
Annual report of consolidated financial results of the Scottish Government, its Executive Agencies and the Crown Office, prepared in accordance with IFRS
5a. Property, Plant and Equipment
| Land ¹ | Buildings ² | Dwellings | Road Network ³ | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
|---|---|---|---|---|---|---|---|---|---|---|
| £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Cost or valuation | ||||||||||
| 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) | - | (9) | - | - | - | - | - | (14) |
| 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) | - | (2) | - | - | - | - | - | (7) |
| Transfers | - | (2) | - | - | - | - | - | 1 | - | (1) |
| Disposal | - | (2) | - | - | (20) | (80) | (35) | (8) | - | (145) |
| 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 |
| Land ¹ | Buildings ² | Dwellings | Road Network ³ | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
| £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Analysis of asset financing: | ||||||||||
| 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 2018 | 491 | 6,778 | 672 | 19,395 | 83 | 370 | 90 | 25 | 1,476 | 29,380 |
| Land ¹ | Buildings ² | Dwellings | Road Network ³ | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
| £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Donated Asset Movement | ||||||||||
| Additions | - | 8 | - | - | - | 2 | - | - | 5 | 15 |
| Disposals | - | - | - | - | - | (4) | - | - | - | (4) |
¹ - (land holdings and land underlying buildings); ² - (excluding dwellings); ³ - (including land)
5a. Property, Plant and Equipment (Cont.)
| Prior Year | Land ¹ | Buildings ² | Dwellings | Road Network ³ | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total |
|---|---|---|---|---|---|---|---|---|---|---|
| £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Cost or valuation | ||||||||||
| At 1 April 2016 | 508 | 6,666 | 671 | 20,778 | 200 | 1,179 | 405 | 89 | 2,138 | 32,634 |
| Additions | 1 | 45 | 1 | 12 | 10 | 51 | 20 | 1 | 967 | 1,108 |
| Adjustments | (2) | - | - | (133) | - | (1) | 1 | - | - | (135) |
| Transfers | 6 | 169 | - | 4 | 3 | 20 | 11 | - | (224) | (11) |
| Transfers (to) assets classified held for sale | (13) | - | - | - | - | - | - | - | - | (13) |
| Disposals | (12) | (90) | (4) | - | (7) | (57) | (23) | (1) | (10) | (204) |
| Revaluations to Revaluation Reserve | 1 | (102) | (27) | 881 | 1 | - | - | - | - | 754 |
| Revaluations to Outturn Statement | (8) | (59) | (4) | - | - | - | - | - | (1) | (72) |
| At 31 March 2017 | 481 | 6,629 | 637 | 21,542 | 207 | 1,192 | 414 | 89 | 2,870 | 34,061 |
| Depreciation | ||||||||||
| At 1 April 2016 | - | 356 | 19 | 3,654 | 116 | 796 | 315 | 61 | - | 5,317 |
| Charged in year | - | 192 | 20 | 79 | 16 | 84 | 32 | 7 | - | 430 |
| Adjustments | - | 2 | (2) | (8) | - | - | (1) | (3) | - | (12) |
| Transfers (to) assets classified held for sale | - | (1) | - | - | - | - | - | - | - | (1) |
| Disposal | - | (100) | (3) | - | (7) | (55) | (23) | (1) | - | (189) |
| Revaluations to Revaluation Reserve | - | (175) | (29) | 155 | 1 | - | - | - | - | (48) |
| Revaluations to Outturn Statement | - | 5 | (4) | - | 1 | - | - | - | - | 2 |
| At 31 March 2017 | - | 279 | 1 | 3,880 | 127 | 825 | 323 | 64 | - | 5,499 |
| Net book value 31 March 2017 | 481 | 6,350 | 636 | 17,662 | 80 | 367 | 91 | 25 | 2,870 | 28,562 |
| Net book value 31 March 2016 | 508 | 6,310 | 652 | 17,124 | 84 | 383 | 90 | 28 | 2,138 | 27,317 |
| Land ¹ | Buildings ² | Dwellings | Road Network ³ | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
| £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Analysis of asset financing: | ||||||||||
| Owned | 474 | 4,587 | 554 | 15,276 | 73 | 350 | 88 | 23 | 1,947 | 23,372 |
| Finance Leased | - | 38 | - | - | 3 | 1 | - | - | - | 42 |
| PFI included in Statement of Financial Position | 7 | 1,675 | 82 | 2,386 | - | 1 | 1 | 1 | 916 | 5,069 |
| Donated Assets | - | 50 | - | - | 4 | 15 | 2 | 1 | 7 | 79 |
| Net book value at 31 March 2016 | 481 | 6,350 | 636 | 17,662 | 80 | 367 | 91 | 25 | 2,870 | 28,562 |
| Land ¹ | Buildings ² | Dwellings | Road Network ³ | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
| £m | £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Donated Asset Movement | ||||||||||
| Additions | - | 3 | - | - | - | 3 | - | - | 6 | 12 |
| Disposals | - | (1) | - | - | - | (3) | - | - | - | (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
| Land ¹ | Buildings ² | Dwellings | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
|---|---|---|---|---|---|---|---|---|---|
| £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Cost or valuation | |||||||||
| 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 |
| Land ¹ | Buildings ² | Dwellings | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
| £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Analysis of asset financing: | |||||||||
| 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 |
| Land ¹ | Buildings ² | Dwellings | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
| £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Donated Asset Movement | |||||||||
| Additions | - | 8 | - | - | 2 | - | - | 5 | 15 |
| Disposals | - | - | - | - | (4) | - | - | - | (4) |
¹ - (land holdings and land underlying buildings); ² - (excluding dwellings);
5b. Property, Plant and Equipment - NHS non-current assets included within note 5a (Cont.)
| Prior Year | Land ¹ | Buildings ² | Dwellings | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total |
|---|---|---|---|---|---|---|---|---|---|
| £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Cost or valuation | |||||||||
| At 1 April 2016 | 389 | 6,011 | 37 | 94 | 1,130 | 339 | 85 | 444 | 8,529 |
| Additions | 1 | 43 | - | 10 | 50 | 12 | 1 | 387 | 504 |
| Transfers | 6 | 169 | - | 3 | 20 | 9 | - | (207) | - |
| Transfers (to) assets classified held for sale | (15) | - | - | - | - | - | - | - | (15) |
| Disposals | (12) | (87) | (4) | (7) | (55) | (21) | (1) | (10) | (197) |
| Revaluations to Revaluation Reserve | 2 | (88) | (1) | - | - | - | - | - | (87) |
| Revaluations to Outturn Statement | (9) | (62) | (3) | - | - | (1) | - | (1) | (76) |
| At 31 March 2017 | 362 | 5,986 | 29 | 100 | 1,145 | 338 | 85 | 613 | 8,658 |
| Depreciation | |||||||||
| At 1 April 2016 | - | 288 | 4 | 59 | 761 | 268 | 56 | - | 1,436 |
| Charged in year | - | 169 | 1 | 11 | 80 | 24 | 6 | - | 291 |
| Transfers (to) assets classified held for sale | - | (1) | - | - | - | - | - | - | (1) |
| Disposal | - | (96) | (3) | (7) | (54) | (21) | (1) | - | (182) |
| Revaluations to Revaluation Reserve | - | (155) | (1) | - | - | - | - | - | (156) |
| Revaluation to Outturn Statement | - | 10 | - | 1 | - | - | - | - | 11 |
| At 31 March 2017 | - | 215 | 1 | 64 | 787 | 271 | 61 | - | 1,399 |
| Net book value 31 March 2017 | 362 | 5,771 | 28 | 36 | 358 | 67 | 24 | 613 | 7,259 |
| Net book value 31 March 2016 | 389 | 5,723 | 33 | 35 | 369 | 71 | 29 | 444 | 7,093 |
| Land ¹ | Buildings ² | Dwellings | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
| £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Analysis of asset financing: | |||||||||
| Owned | 354 | 4,062 | 28 | 36 | 340 | 65 | 23 | 387 | 5,295 |
| Finance Leased | - | 27 | - | - | 1 | - | - | - | 28 |
| PFI included in Statement of Financial Position | 7 | 1,632 | - | - | 1 | 1 | - | 219 | 1,860 |
| Donated Asset | 1 | 50 | - | - | 16 | 1 | 1 | 7 | 76 |
| Net book value at 31 March 2017 | 362 | 5,771 | 28 | 36 | 358 | 67 | 24 | 613 | 7,259 |
| Land ¹ | Buildings ² | Dwellings | Transport | Equipment | ICT Systems | Fixtures and fittings | Assets under Construction | Total | |
| £m | £m | £m | £m | £m | £m | £m | £m | £m | |
| Donated Asset Movement | |||||||||
| Additions | - | 3 | - | - | 3 | - | - | 6 | 12 |
| Disposals | - | (1) | - | - | (3) | - | - | - | (4) |
¹ - (land holdings and land underlying buildings); ² - (excluding dwellings);
5c. Non Current Asset Disclosures
| 2017-18 | 2016-17 | |
|---|---|---|
| £m | £m | |
| Net book value of Property, Plant and Equipment | 29,380 | 28,562 |
| Total value of assets held under: | ||
| Finance Leases | 41 | 42 |
| PFI and PPP Contracts | 5,630 | 5,069 |
| Total | 5,671 | 5,111 |
| Total depreciation charged in respect of assets held under: | ||
| Finance leases | 5 | 5 |
| PFI and PPP contracts | 44 | - |
| Total | 49 | 5 |
As part of the 5-year rolling programme, 7 properties - Saughton House, Longman House, Strathbeg House, Tankerness Lane, Thainstone Court, Balrobert Farm and Knocknagael Farm, underwent a formal inspection and revaluation as at 31 March 2018. These valuations were on the basis of Existing Use Value, with the exception of specialist buildings at Knocknagael Farm 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 Valuation Professional Standards 2014 (the Red Book) published by the Royal Institution of Chartered Surveyors.
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.
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