Annual Report - QuamIR

Notes to the Consolidated Financial Statements (Continued)
18 Property, plant and equipment (Continued)
In 2010, depreciation expenses for property, plant and equipment of
HK$0.2 million had been capitalised in properties under development
and included as part of the additions. Depreciation expenses of
HK$97.7 million (2010: HK$70.9 million) have been charged in
operating profit/(loss) (Note 8).
18
200,000
97,700,00070,900,000
8
Certain bank borrowings are secured by certain of the Group’s
properties, plant and equipment with carrying values of HK$1,077.3
million (2010: HK$1,038.9 million) (Note 36).
1,077,300,000
1,038,900,000
36
The Group’s interests in land and buildings at their carrying values and
the lease terms are analysed as follows:
2011 2010
HK$ Million HK$ Million
In Hong Kong, held on:
Leases of between 10 to 50 years 1050 86.3 88.9
In Mainland China, held on:
Leases of between 10 to 50 years 1050 43.6 98.3
Leases less than 10 years 10 55.4 –
185.3 187.2
144 HKC (Holdings) Limited • Annual Report 2011