X hits on this document

212 views

0 shares

0 downloads

0 comments

33 / 69

62

Every Note Counts

N otes to the Financial Statements

Year ended 31 December 2010

Company

Plant, equipment and machinery $’000

Cost At 1 January 2009 Additions Disposals At 31 December 2009 Additions Disposals At 31 December 2010

42 - (4) 38 7 - 45

Accumulated depreciation At 1 January 2009 Depreciation charge for the year Disposals At 31 December 2009 Depreciation charge for the year Disposals At 31 December 2010

36 4 (4) 36 2 - 38

Carrying amount At 1 January 2009 At 31 December 2009 At 31 December 2010

6 2 7

vehicles

Computers

Total

$’000

$’000

$’000

Motor

303

1,021

1,366

-

23

23

-

(11)

(15)

303

1,033

1,374

347

15

369

-

(15)

(15)

650

1,033

1,728

183

855

1,074

60

92

156

-

(8)

(12)

243

939

1,218

60

76

138

-

(14)

(14)

303

1,001

1,342

At 31 December 2010, a shortfall in the carrying amount of property, plant and equipment of certain subsidiaries was identified. The shortfall was determined when the value in use of the asset fell below the carrying value. Based on the assessment, an impairment loss of $5.3 million (2009: $12.7 million) was recognised in other operating expenses in the income statement.

Impairment loss

The carrying amount of property, plant and equipment of the Group includes an amount of approximately $117.7 million

(2009: $11.2 million) held under finance leases (note 17).

120

166

292

60

94

156

347

32

386

Document info
Document views212
Page views212
Page last viewedSat Dec 10 18:43:20 UTC 2016
Pages69
Paragraphs3982
Words19865

Comments