Strength & Stability - ECS Holdings Limited

3 Property, Plant and Equipment (Cont’d)
Freehold Leasehold Office Furniture
Motor
Assets
under
Building Improvements Equipment and Fittings Computers Vehicles Construction Total
Group $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Accumulated
Depreciation
At 1 January 2007 199 952 1,331 660 9,027 776 - 12,945
Depreciation charge for
the year 49 214 133 281 2,475 264 - 3,416
Disposals - (1) (30) (50) (1,025) (181) - (1,287)
Transfers/
Reclassifications - (11) (152) 11 152 - - -
Translation adjustment 6 2 73 98 333 8 - 520
At 31 December 2007 254 1,156 1,355 1,000 10,962 867 - 15,594
Depreciation charge for
the year 50 269 152 256 1,921 267 - 2,915
Disposals - - (246) (141) (2,577) (10) - (2,974)
Transfers/
Reclassifications - - - - - - - -
Translation adjustment (26) 95 (98) (115) (40) 1 - (183)
At 31 December 2008 278 1,520 1,163 1,000 10,266 1,125 - 15,352
Carrying Amount
At 1 January 2007 1,397 1,025 920 803 5,034 761 383 10,323
At 31 December 2007 1,373 1,132 406 847 5,345 641 855 10,599
At 31 December 2008 1,365 1,046 630 813 5,369 707 988 10,918
The net carrying amount of property, plant and equipment under finance leases as at 31 December 2008 was $269,000 (2007:
$27,000).
p.
64
Notes to the
Financial Statements
These notes form an integral part of the financial statements.
ECS Holdings Limited