12. Tangible Assets

	Land and buildings £m	Fixtures, fittings and equipment £m	Payments on account and assets in course of construction £m	Total £m
Cost
At 29 March 2013	59.2	246.1	1.0	306.3
Additions	4.5	19.4	1.2	25.1
Disposals	(0.7)	(100.3)	—	(101.0)
Reclassifications	—	0.7	(0.7)	—
At 28 March 2014	63.0	165.9	1.5	230.4
Additions	6.0	24.0	—	30.0
Disposals	(1.9)	(5.9)	—	(7.8)
Reclassifications	0.2	1.3	(1.5)	—
Transfer from intangible assets	—	0.6	—	0.6
At 3 April 2015	67.3	185.9	—	253.2
Depreciation
At 29 March 2013	28.0	187.7	—	215.7
Depreciation for the period	4.2	13.8	—	18.0
Impairment charge	—	0.4	—	0.4
Disposals	(0.5)	(98.4)	—	(98.9)
At 28 March 2014	31.7	103.5	—	135.2
Depreciation for the period	4.5	15.7	—	20.2
Impairment charge	—	0.7	—	0.7
Disposals	(1.6)	(5.1)	—	(6.7)
At 3 April 2015	34.6	114.8	—	149.4
Net book value at 3 April 2015	32.7	71.1	—	103.8
Net book value at 28 March 2014	31.3	62.4	1.5	95.2

No fixed assets are held as security for external borrowings.

Included in the above are assets held under finance leases as follows:

	Land and Buildings¹ £m	Fixtures, fittings, and equipment £m	Total £m
As at 3 April 2015
Cost	12.7	0.8	13.5
Additions	—	0.6	0.6
Accumulated depreciation	(5.6)	(0.8)	(6.4)
Net book value	7.1	0.6	7.7
As at 28 March 2014
Cost	12.7	0.8	13.5
Accumulated depreciation	(5.1)	(0.8)	(5.9)
Net book value	7.6	—	7.6

Finance lease liabilities are payable as follows:

	Minimum lease payments 2015 £m	Interest 2015 £m	Principle 2015 £m	Minimum lease payments 2014 £m	Interest 2014 £m	Principle 2014 £m
Less than one year	1.4	0.8	0.6	1.1	0.8	0.3
Between one and five years	5.1	2.4	2.7	4.5	2.4	2.1
More than five years	10.2	2.3	7.9	11.3	2.8	8.5
	16.7	5.5	11.2	16.9	6.0	10.9