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Annual Report 2006 - Venture Corporation Limited

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notes to financial statements<br />

December 31, <strong>2006</strong><br />

14 PROPERTY, PLANT AND EQUIPMENT<br />

Machinery<br />

Freehold land Freehold building and equipment<br />

$’000 $’000 $’000<br />

The Company<br />

Cost:<br />

At January 1, 2005 6,576 2,500 65,675<br />

Additions - - 5,916<br />

Disposals (6,576) (2,500) (6,535)<br />

At December 31, 2005 - - 65,056<br />

Additions - - 4,634<br />

Disposals - - (3,150)<br />

At December 31, <strong>2006</strong> - - 66,540<br />

Accumulated depreciation:<br />

At January 1, 2005 - 500 55,945<br />

Depreciation - 76 5,338<br />

Disposals - (576) (6,532)<br />

At December 31, 2005 - - 54,751<br />

Depreciation - - 4,161<br />

Disposals - - (3,146)<br />

At December 31, <strong>2006</strong> - - 55,766<br />

Carrying amount:<br />

At December 31, <strong>2006</strong> - - 10,774<br />

At December 31, 2005 - - 10,305<br />

66 venture corporation limited

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