Full Annual Report 2006 - Singapore Technologies Engineering

THE WINNING SPIRIT ST Engineering AR 2006 140
Notes to the Financial Statements 31 DECEMBER 2006
(Currency – Singapore dollars unless otherwise stated)
7. PROPERTY, PLANT AND EQUIPMENT (continued)
NET BOOK VALUE
2006 2005
$’000 $’000
The Group
At Valuation
Freehold land and buildings 1,950 –
Leasehold land and buildings – –
Wharves and slipways – –
Syncrolift and floating docks – –
Plant and machinery – –
Furniture, fittings, office equipment and computers – –
At Cost
Freehold land and buildings 41,273 44,702
Leasehold land and buildings 192,936 185,852
Buildings on rented properties 47,459 39,235
Improvements to premises 24,842 15,067
Wharves and slipways 11,651 4,251
Syncrolift and floating docks 4,083 7,731
Boats and barges 159 –
Plant and machinery 511,019 77,959
Production tools and equipment 37,221 25,300
Furniture, fittings, office equipment and computers 26,324 21,300
Transportation equipment and vehicles 4,376 3,360
Aircraft and aircraft engines 27,142 33,460
Construction-in-progress 21,774 16,980
952,209 475,197
The Company
AT COST
AS AT 1.1.2005 ADDITIONS AS AT 31.12.2005
$’000 $’000 $’000
Furniture, fittings, office equipment and computers 871 499 1,370
Transportation equipment and vehicles 298 – 298
1,169 499 1,668
ACCUMULATED DEPRECIATION
DEPRECIATION
CHARGE FOR
AS AT 1.1.2005 THE YEAR AS AT 31.12.2005
$’000 $’000 $’000
Furniture, fittings, office equipment and computers 712 150 862
Transportation equipment and vehicles 5 60 65
717 210 927