Annual Report 2006 - Venture Corporation Limited
Annual Report 2006 - Venture Corporation Limited
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