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Full Annual Report 2006 - Singapore Technologies Engineering

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THE WINNING SPIRIT ST <strong>Engineering</strong> AR <strong>2006</strong> 136<br />

Notes to the Financial Statements 31 DECEMBER <strong>2006</strong><br />

(Currency – <strong>Singapore</strong> dollars unless otherwise stated)<br />

7. PROPERTY, PLANT AND EQUIPMENT<br />

VALUATION/COST<br />

ARISING ARISING<br />

FROM<br />

FROM<br />

ACQUISITION OF DILUTION OF<br />

AS AT INTEREST IN INTEREST IN RECLASSI- TRANSLATION AS AT<br />

1.1.2005 ADDITIONS* DISPOSALS SUBSIDIARIES SUBSIDIARIES FICATIONS DIFFERENCE 31.12.2005<br />

$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000<br />

The Group<br />

At 1972 Valuation<br />

Leasehold land and buildings 1,919 – – – – – – 1,919<br />

Wharves and slipways 1,490 – – – – – – 1,490<br />

Syncrolift and floating docks 4,603 – – – – – – 4,603<br />

Plant and machinery 1,694 – – – – – – 1,694<br />

Furniture, fittings, office<br />

equipment and<br />

computers 279 – – – – – – 279<br />

At Cost<br />

Freehold land and buildings 50,366 – – 14,294 – – 614 65,274<br />

Leasehold land and<br />

buildings 416,344 7,278 (35) – – – 532 424,119<br />

Buildings on rented<br />

properties 50,248 6,502 – – – 4,128 – 60,878<br />

Improvements to premises 29,360 1,365 (72) 504 (107) 31 129 31,210<br />

Wharves and slipways 19,825 – – – – – 1 19,826<br />

Syncrolift and floating docks 68,781 75 (75) – – – 1 68,782<br />

Boats and barges 5,458 5 – – – (30) 22 5,455<br />

Plant and machinery 344,853 43,049 (6,798) 3,450 (138) 50 832 385,298<br />

Production tools and<br />

equipment 135,670 15,288 (1,129) 524 – – 126 150,479<br />

Furniture, fittings, office<br />

equipment and<br />

computers 131,444 12,923 (7,732) 4,416 (155) (31) (55) 140,810<br />

Transportation equipment<br />

and vehicles 10,886 1,727 (521) 196 – (20) 19 12,287<br />

Aircraft and aircraft engines 40,339 22,427 – – – – – 62,766<br />

Construction-in-progress 4,645 16,753 – 21 – (4,128) (311) 16,980<br />

1,318,204 127,392 (16,362) 23,405 (400) – 1,910 1,454,149

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