Annual Report 2011 - Food Junction

70
Notes to the Financial Statements (cont’d)
31 December 2011
3. Fixed assets (cont’d)
Food court
Leasehold and F&B
Office Furniture
Motor Construction-
improvements equipment equipment and fittings vehicles in-progress Total
$’000 $’000 $’000 $’000 $’000 $’000 $’000
Group
Annual Report
Accumulated depreciation and
impairment loss
As at 1 January 2010 3,351 1,053 413 1,941 140 – 6,898
Arising from acquisition of a
subsidiary company 298 7 30 149 – – 484
Charge for the period 1,316 371 85 681 31 – 2,484
Disposals (14) (145) (1) (120) – – (280)
Written off (48) (15) (22) (17) – – (102)
Translation differences (29) (11) (2) 2 – – (40)
As at 31 December 2010 and
1 January 2011 4,874 1,260 503 2,636 171 – 9,444
Charge for the period 1,519 499 204 761 31 – 3,014
Disposals (1) (41) – (13) – – (55)
Written off (81) (18) (27) (158) – – (284)
Impairment loss # 425 89 – 9 – – 523
Translation differences 32 13 12 (5) – – 52
As at 31 December 2011 6,768 1,802 692 3,230 202 – 12,694
Net book value
At 31 December 2011 4,060 1,285 224 2,259 6 1,292 9,126
At 31 December 2010 4,607 1,399 379 2,700 37 – 9,122
# The Group had made provision for impairment loss on fixed assets of $523,000 as part of the Group’s ongoing review of its operations.