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

Royal Mail plc – Annual report – 31 March 2022

industry: postal services

27. Commitments (extract)

Capital commitments

The Group has commitments of £123 million (2020-21: £116 million) for property, plant and equipment, £59 million (2020-21: £nil) for vehicles and £6 million (2020-21: £1 million) for intangible assets, which are contracted for but not provided for in the Financial Statements.