1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45
| 2007 | 2006 | ||
| €m | €m | ||
| Cost | |||
| At 1 January | 9.7 | 12.4 | |
| Transfers from vehicles (see Note 12) | 76.1 | 98.0 | |
| Disposals | (77.4) | (100.6) | |
| Exchange movements | (0.1) | (0.1) | |
| At 31 December | 8.3 | 9.7 | |
| Depreciation and impairment | |||
| At 1 January | 1.3 | 1.3 | |
| Transfers from vehicles (see Note 12) | 13.9 | 16.4 | |
| Disposals | (13.9) | (16.4) | |
| Exchange movements | (0.1) | – | |
| At 31 December | 1.2 | 1.3 | |
| Net book amount | |||
| At 31 December | 7.1 | 8.4 |
Non-current assets held for sale comprise ex-rental vehicles formerly used in the Avis Corporate segment, where the Group is committed to the disposal of the vehicle. Disposals are ordinarily completed within one month of transfer of the vehicle from the rental fleet. Gains recognised on the disposal of non-current assets held for resale in the year totalled €1.3 million (2006: €1.2 million).
