Property, plant and equipment

6 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property, plant and equipment

Property, plant and equipment

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

	June 30, 2015		December 31, 2014
	$’000		$’000
Land and buildings	1,037,895		1,069,846
Machinery and equipment	190,159		194,155
Fixtures, fittings and office equipment	228,913		224,270
River cruise ship and canal boats	18,787		18,924
	1,475,754		1,507,195
Less: Accumulated depreciation	(345,493	)	(338,438	)
Total property, plant and equipment, net of accumulated depreciation	1,130,261		1,168,757

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

	June 30, 2015		December 31, 2014
	$’000		$’000
Machinery and equipment	695		716
Fixtures, fittings and office equipment	171		181
	866		897
Less: Accumulated depreciation	(656	)	(652	)
Total assets under capital leases, net of accumulated depreciation	210		245

The depreciation charge on property, plant and equipment for the three and six months endedJune 30, 2015 was $12,297,000 (June 30, 2014 - $12,647,000) and $24,782,000 (June 30, 2014 - $24,698,000), respectively.

The table above includes property, plant and equipment of Charleston Center LLC, a consolidated VIE, of $199,711,000 at June 30, 2015 (December 31, 2014 - $197,608,000).

There were no impairments of property, plant and equipment in the three and six months endedJune 30, 2015 and 2014.

There was no capitalized interest in the three and six months endedJune 30, 2015 and 2014.