BMW 320d V-belt problem

2003 BMW 320D
75,000 MILES
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NITROX55
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The battery light stays on (red) and no power steering i drove it about 60/70 meters parked and turned off will this have done much damage i did not hear anything unusual If its the V-belt about how much will it cost. Many Thanks
Oct 30, 2011 at 10:20 PM
Repair Safety Notice: This information is for general instructional purposes only. Vehicle repair can be dangerous. Verify all information, follow manufacturer service procedures, use proper tools and safety equipment, and consult a qualified repair shop when needed.
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