Strength & Stability - ECS Holdings Limited

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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
3 Property, Plant and Equipment (Cont’d) Leasehold Office Furniture Improvements Equipment and Fittings Computers Total Company $’000 $’000 $’000 $’000 $’000 Cost At 1 January 2007 191 10 22 76 299 Additions - - - 118 118 Disposals - - - (4) (4) At 31 December 2007 191 10 22 190 413 Additions - 1 - 83 84 Disposals - - - - - At 31 December 2008 191 11 22 273 497 Accumulated Depreciation At 1 January 2007 94 10 21 59 184 Depreciation charge for the year 19 - 1 15 35 Disposals - - - (4) (4) At 31 December 2007 113 10 22 70 215 Depreciation charge for the year 19 - - 38 57 Disposals - - - - - At 31 December 2008 132 10 22 108 272 Carrying Amount At 1 January 2007 97 - 1 17 115 At 31 December 2007 78 - - 120 198 At 31 December 2008 59 1 - 165 225 Notes to the Financial Statements These notes form an integral part of the financial statements. Annual Report 2008 p. 65
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ECS HOLDINGS LIMITED Annual Report
Page 3 and 4:
ECS Holdings Limited (“ECS” or
Page 5 and 6:
Annual Report 2008 p. 03
Page 7 and 8:
Dear Stakeholders I am pleased to p
Page 9 and 10:
Page 11 and 12:
Page 13 and 14:
AN OVERVIEW FY2008 distinguishes it
Page 15 and 16: We believe that by honing these ope
Page 17 and 18: Stroll down memory lane and re-live
Page 19 and 20: SHAREHOLDERS’ EQUITY ($ million)
Page 21 and 22: Annual Report 2008 p. 19
Page 23 and 24: 1. CHAIRMAN Mr Li Jia Lin was appoi
Page 25 and 26: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.
Page 27 and 28: 7. President (The Value Systems Co.
Page 29 and 30: 2008 AWARDS Group • ECS Holdings
Page 31 and 32: Financial Contents Corporate Govern
Page 33 and 34: The Board intends to hold about fou
Page 35 and 36: Level and Mix of Remuneration; Disc
Page 37 and 38: Audit Committee Principle 11 : The
Page 39 and 40: D) COMMUNICATION WITH SHAREHOLDERS
Page 41 and 42: Directors’ Interests (Cont’d) E
Page 43 and 44: Share Options (Cont’d) Except as
Page 45 and 46: In our opinion: (a) (b) the financi
Page 47 and 48: Opinion In our opinion: (a) (b) the
Page 49 and 50: Note 2008 2007 $’000 $’000 Reve
Page 51 and 52: Total attributable to equity Share
Page 53 and 54: Note 2008 2007 $’000 $’000 Fina
Page 55 and 56: 2 Summary of Significant Accounting
Page 65: 3 Property, Plant and Equipment Fre
Page 69 and 70: 5 Subsidiaries Company Note 2008 20
Page 71 and 72: 6 Interest in Associate Group 2008
Page 73 and 74: 10 Trade and Other Receivables Grou
Page 75 and 76: 11 Trade Receivables (Cont’d) The
Page 77 and 78: 15 Share Capital Group and Company
Page 79 and 80: 17 Equity Compensation Benefits The
Page 81 and 82: 18 Financial Liabilities (Cont’d)
Page 83 and 84: 18 Financial Liabilities (Cont’d)
Page 85 and 86: 23 Profit from Operations The follo
Page 87 and 88: 26 Earnings per Share Group 2008 20
Page 89 and 90: 27 Segment Information (Cont’d) R
Page 91 and 92: 28 Geographical Segments (Group) Th
Page 93 and 94: 29 Financial Risk Management (Cont
Page 95 and 96: 29 Financial Risk Management (Cont
Page 97 and 98: 32 Related Parties Transactions wit
Page 99 and 100: 34 New Accounting Standards and Int
Page 101 and 102: SUBSTANTIAL SHAREHOLDERS Number of
Page 103 and 104: at any time and upon such terms and
Page 105 and 106: (a) (b) market purchases (each a
Page 107 and 108: (ii) Resolution 6(b), if passed, wi
Page 109 and 110: Proxy Form Annual General Meeting E
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