Ardagh Glass Finance plc - Irish Stock Exchange
Ardagh Glass Finance plc - Irish Stock Exchange
Ardagh Glass Finance plc - Irish Stock Exchange
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)<br />
9. Property, plant and equipment<br />
Office<br />
Land and Plant and Long-life equipment<br />
buildings machinery moulds and vehicles Total<br />
E’000 E’000 E’000 E’000 E’000<br />
Cost<br />
At 1 January 2007 ...................... 124,534 492,769 31,424 9,709 658,436<br />
Acquisitions .......................... 241,747 306,186 10,046 25,588 583,567<br />
Additions ............................ 6,780 60,045 24,602 7,769 99,196<br />
Disposals ............................ (270) (17,553) (8,736) (4,892) (31,451)<br />
Transfers ............................. 947 (1,171) — 224 —<br />
<strong>Exchange</strong> movement .................... (7,399) (30,277) (2,236) (540) (40,452)<br />
At 31 December 2007 ................... 366,339 809,999 55,100 37,858 1,269,296<br />
Depreciation<br />
At 1 January 2007 ...................... (32,642) (348,283) (19,140) (5,972) (406,037)<br />
Charge for the year ..................... (9,792) (65,614) (17,651) (5,039) (98,096)<br />
Disposals ............................ 266 15,156 8,526 4,237 28,185<br />
Transfers ............................. — 128 — (128) —<br />
<strong>Exchange</strong> movement .................... 1,665 21,533 991 420 24,609<br />
At 31 December 2007 ................... (40,503) (377,080) (27,274) (6,482) (451,339)<br />
Net book value<br />
At 31 December 2007 ................... 325,836 432,919 27,826 31,376 817,957<br />
Cost<br />
At 1 January 2008 ...................... 366,339 809,999 55,100 37,858 1,269,296<br />
Additions ............................ 9,802 84,920 26,196 7,346 128,264<br />
Disposals ............................ (6,584) (21,689) (17,126) (3,006) (48,405)<br />
Transfers ............................. 37,989 (37,918) (1,354) (2,360) (3,643)<br />
<strong>Exchange</strong> movement .................... (28,146) (116,643) (7,980) (3,962) (156,731)<br />
At 31 December 2008 ................... 379,400 718,669 54,836 35,876 1,188,781<br />
Depreciation<br />
At 1 January 2008 ...................... (40,503) (377,080) (27,274) (6,482) (451,339)<br />
Charge for the year ..................... (15,290) (103,551) (25,969) (7,302) (152,112)<br />
Disposals ............................ 2,253 21,576 17,069 2,857 43,755<br />
Transfers ............................. (7) 420 1,270 43 1,726<br />
<strong>Exchange</strong> movement .................... 8,765 81,836 3,864 2,315 96,780<br />
At 31 December 2008 ................... (44,782) (376,799) (31,040) (8,569) (461,190)<br />
Net book value<br />
At 31 December 2008 ................... 334,618 341,870 23,796 27,307 727,591<br />
Depreciation expense of A150,014,000 (2007: A96,164,000) has been charged in cost of sales and<br />
A2,098,000 (2007: A1,932,000) in sales, general and administration expenses.<br />
F-34