Full Annual Report 2006 - Singapore Technologies Engineering
Full Annual Report 2006 - Singapore Technologies Engineering
Full Annual Report 2006 - Singapore Technologies Engineering
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137<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 (continued)<br />
VALUATION/COST<br />
ARISING<br />
ELIMINATION OF<br />
FROM<br />
ACCUMULATED<br />
ACQUISITION OF<br />
DEPRECIATION<br />
AS AT INTEREST IN RECLASSI- ON TRANSLATION AS AT<br />
1.1.<strong>2006</strong> ADDITIONS* DISPOSALS SUBSIDIARIES REVALUATION FICATIONS REVALUATION DIFFERENCE 31.12.<strong>2006</strong><br />
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000<br />
The Group<br />
At Valuation<br />
Freehold land<br />
and buildings – – – 1,874 116 – (40) – 1,950<br />
Leasehold land<br />
and buildings 1,919 – – – – – – – 1,919<br />
Wharves and<br />
slipways 1,490 – – – – – – – 1,490<br />
Syncrolift and<br />
floating docks 4,603 – – – – – – – 4,603<br />
Plant and machinery 1,694 – – – – – – – 1,694<br />
Furniture, fittings,<br />
office equipment<br />
and computers 279 – – – – – – – 279<br />
At Cost<br />
Freehold land<br />
and buildings 65,274 407 (117) – – 630 – (4,830) 61,364<br />
Leasehold land<br />
and buildings 424,119 22,446 (50) 1,412 – 4,179 – (4,501) 447,605<br />
Buildings on<br />
rented<br />
properties 60,878 10,165 – – – – – – 71,043<br />
Improvements to<br />
premises 31,210 3,698 (2,520) 7,712 – 4,573 – (1,462) 43,211<br />
Wharves and<br />
slipways 19,826 5,310 – – – 3,592 – (15) 28,713<br />
Syncrolift and<br />
floating docks 68,782 – – – – – – – 68,782<br />
Boats and barges 5,455 – – – – – – (167) 5,288<br />
Plant and<br />
machinery 385,298 99,608 (30,121) 378,464 – 4,888 – 17,150 855,287<br />
Production tools<br />
and equipment 150,479 19,787 (1,992) 9,399 – (101) – (1,834) 175,738<br />
Furniture, fittings,<br />
office equipment<br />
and computers 140,810 16,698 (7,483) 3,350 – 1,506 – (1,928) 152,953<br />
Transportation<br />
equipment<br />
and vehicles 12,287 1,612 (903) 1,193 – – – (153) 14,036<br />
Aircraft and<br />
aircraft engines 62,766 – – – – – – – 62,766<br />
Construction-inprogress<br />
16,980 22,415 (273) 3,122 – (19,267) – (1,203) 21,774<br />
1,454,149 202,146 (43,459) 406,526 116 – (40) 1,057 2,020,495<br />
* Additions during the year included property, plant and equipment of:<br />
(i) $5,003,339 (2005: $4,062,000) contributed by minority shareholders as part of capital injection; and<br />
(ii) $nil (2005: $5,795,000) offset against the net investment in a joint venture.
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