IAS 16 para 74(c), contractual commitments for PPE

Royal Mail plc – Annual report – 31 March 2021

industry: postal services

26. Commitments (extract)

Capital commitments

The Group has commitments of £116 million (2019-20: £52 million) for property, plant and equipment, £nil (2019-20: £26 million) for vehicles and £1 million (2019-20: £nil) for intangible assets, which are contracted for but not provided for in the Financial Statements.