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Notes to Fina - 星島新聞集團

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ncial Statements<br />

<br />

<br />

15. FIXED ASSETS (continued)<br />

15. <br />

An aggregate revaluation deficit of HK$737,000<br />

attributable <strong>to</strong> the Group has been charged <strong>to</strong> the profit<br />

and loss account (note 7).<br />

737,000<br />

7<br />

The investment properties are leased <strong>to</strong> third parties<br />

under operating leases, further summary details of<br />

which are included in note 40(a) <strong>to</strong> the financial<br />

statements.<br />

<br />

40(a)<br />

Further particulars of the Group’s land and buildings<br />

and investment properties are included on pages 170<br />

<strong>to</strong> 173 of this Annual Report.<br />

<br />

170173<br />

16. INTANGIBLE ASSETS<br />

16. <br />

Group<br />

<br />

HK$’000<br />

<br />

Cost:<br />

<br />

Additions and at 31 December 2002 23,004<br />

Accumulated amortisation and impairment: <br />

Amortisation provided during the year 1,150<br />

Impairment during the year recognised<br />

<br />

in the profit and loss account 6,704<br />

At 31 December 2002 7,854<br />

Net book value:<br />

<br />

At 31 December 2002 15,150<br />

At 31 December 2001 —<br />

Global China Group Holdings Limited Annual Report 2002<br />

105

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