Panjawattana Plastic Public Company Limited

- 30 -PANJAWATTANA PLASTIC PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIESNOTES TO FINANCIAL STATEMENTS (CONT.)DECEMBER 31, 2012 AND 2011BahtConsolidated financial statementsBalance as at Movement during the year Balance as atDecember 31, 2010 Addition Deduction Transfer in December 31, 2011(Transfer out)At costLand 64,211,520.00 16,588,122.00 - - 80,799,642.00Plant and office building 67,328,586.95 - (38,000.00) 71,491,439.43 138,782,026.38Improvements on building 23,000,024.97 5,989,178.69 (881,691.25) 11,010,509.64 39,118,022.05Support machine system 51,933,043.11 4,733,443.13 (1,868,547.86) 15,852,940.80 70,650,879.18Machinery and equipment 225,616,351.57 88,253,053.39 * (8,471,185.59) * 41,379,797.20 346,778,016.57Office equipment 13,794,311.61 6,577,264.29 (1,058,075.23) 2,064,544.00 21,378,044.67Vehicles 34,652,976.47 21,834,640.18 (4,646,322.94) - 51,841,293.71Equipment in progress 1,225,162.84 98,033,399.36 (8,033,240.00) (58,610,495.14) 32,614,827.06Work in progress 9,985,747.75 74,861,202.18 - (83,188,735.93) 1,658,214.00Total 491,747,725.27 316,870,303.22 (24,997,062.87) - 783,620,965.62Less Accumulated depreciationPlant and office building 17,266,458.45 3,830,753.52 (19,989.08) - 21,077,222.89Improvements on building 5,207,386.15 3,672,636.36 (349,004.68) - 8,531,017.83Support machine system 7,069,262.87 7,474,325.56 (801,882.85) - 13,741,705.58Machinery and equipment 44,427,263.08 32,080,463.77 (1,462,659.97) - 75,045,066.88Office equipment 5,434,036.12 2,640,087.81 (863,921.52) - 7,210,202.41Vehicles 10,479,403.21 4,224,188.89 (1,782,093.96) - 12,921,498.14Total 89,883,809.88 53,922,455.91 (5,279,552.06) - 138,526,713.73Property, plant and equipment - net 401,863,915.39 645,094,251.89* The Company has sale and lease back of machine include in addition and deduction in amountof Baht 7.05 million.103