Page 62 - RFU Annual Report 2015/2016

Financial Statements
60

Notes to the Financial Statements continued
Restated
Freehold
16. Investment property investment
property
Group and Parent £m

Valuation
At 1 July 2015 6.9
Fair value adjustment 0.2

At 30 June 2016 7.1

If the investment properties had been accounted for under the historic cost accounting rules, the properties would have
been measured as follows:
2016 2015
Group and Parent £m £m

Cost 1.9 1.9
Depreciation (0.3) (0.3)

Net book value 1.6 1.6

Group Group Parent Parent
2016 2015 2016 2015
17. Stock £m £m £m £m

Goods held for resale 1.1 1.1 0.8 0.7

There is no material difference between the net book value of stock and its replacement cost. Stock recognised as an
expense in the period was £1.5m (2015: £1.8m).

An impairment loss of £0.1m (2015: £0.1m) was recognised in cost of sales and against stock during the year due to
slow-moving and obsolete stock.

18. Debtors and prepayments Group Group Parent Parent
2016 2015 2016 2015
£m £m £m £m
Amounts falling due within one year
Trade debtors 9.4 20.0 3.3 9.9
Amounts owed by Group undertakings - - 2.4 3.2
Other debtors 4.5 2.2 3.8 5.0
Prepayments and accrued income 6.7 28.6 5.9 15.0

20.6 50.8 15.4 33.1

Annual Report 2015/16