8 Property and equipment
| |
2006 £000 |
2007 £000 |
| Owned buildings |
190 |
190 |
| Leasehold improvements |
18,054 |
15,837 |
| Computers |
18,445 |
17,078 |
| Software |
8,457 |
8,491 |
| Fixtures, fittings and motor vehicles |
4,676 |
3,878 |
| Assets under construction |
– |
758 |
| |
49,822 |
46,232 |
| Less: accumulated depreciation |
(35,852) |
(34,190) |
| Property and equipment, net |
13,970 |
12,042 |
Depreciation charged to income for the years ended 31 December 2005, 2006 and 2007 was £7,750,000, £6,895,000 and £7,236,000 respectively. The net book value of software at 31 December 2007 was £2,706,000 (2006: £3,674,000) with depreciation charged in 2007 on software of £1,744,000 (2006: 1,610,000; 2005: £1,851,000).
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