Property, plant and equipment (Tables)

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Schedule of major classes of property plant and equipment

Depreciation expense is computed using the straight-line method over the following estimated useful lives:

Description	Useful lives
Buildings	Up to 60 years and 10% residual value
Trains	Up to 75 years
River cruise ship and canal boats	25 years
Furniture, fixtures and equipment	5 to 25 years
Equipment under capital lease and leasehold improvements	Lesser of initial lease term or economic life

The major classes of property, plant and equipment are as follows:

	2013		2012
December 31,	$’000		$’000
Land and buildings	1,013,015		1,020,570
Machinery and equipment	210,992		193,839
Fixtures, fittings and office equipment	209,050		197,862
River cruise ship and canal boats	19,082		18,255
	1,452,139		1,430,526
Less: Accumulated depreciation	(330,390	)	(292,412	)
Total property, plant and equipment	1,121,749		1,138,114

Schedule of major classes of assets under capital leases

The major classes of assets under capital leases included above are as follows:

	2013		2012
December 31,	$’000		$’000
Land and buildings	—		—
Machinery and equipment	889		918
Fixtures, fittings and office equipment	108		103
	997		1,021
Less: Accumulated depreciation	(905	)	(829	)
Total assets under capital leases	92		192