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

Royal Mail plc – Annual report – 31 March 2020

industry: postal services

27. Commitments (extract)

Capital commitments

The Group has commitments of £52 million (2018-19: £73 million) for property, plant and equipment, £26 million (2018-19: £8 million) for vehicles and £nil (2018-19: £3 million) for intangible assets, which are contracted for but not provided for in the financial statements.