FRONTLINE COVER FA 070606 CR2.indd

70
frontline technologies corporation ltd
annual report 2006
> notes to the financial statement
for the year ended 31 march 2006
14. Property, plant and equipment (cont’d)
Group
Leasehold Plant and Furniture Office
Cost Improvement machinery and fittings equipment
$ $ $ $
2005
As at 1 April 2004 1,126,692 – 567,720 2,789,341
Additions 146,017 – 45,477 195,454
Arising from acquisition 403,777 372,068 858,462 501,234
Disposal – – – (16,380)
Exchange Difference – – (2,082) (1,838)
As at 31 March 2005 1,676,486 372,068 1,469,577 3,467,811
Accumulated Depreciation
As at 1 April 2004 573,951 – 435,479 2,531,246
Additions 285,147 14,591 134,091 185,593
Arising from acquisition 93,603 31,835 197,291 67,221
Disposal – – – (14,773)
Exchange Difference 379 (1,498) (3,988) (2,321)
As at 31 March 2005 953,080 44,928 762,873 2,766,966
Net Book Value
As at 1 April 2004 552,741 – 132,241 258,095
As at 31 March 2005 723,406 327,140 706,704 700,845