FINANCIAL STATEMENTS - Mewah Group

ANNUAL REPORT 2012NOTES TO THE FINANCIAL STATEMENTSFor the financial year ended 31 December 201218. PROPERTY, PLANT AND EQUIPMENT (CONTINUED)Group2011CostFreehold land andbuildingsLeasehold land andbuildingsPlant andequipmentFurniture, fixtures andoffice equipment Motor vehiclesCapital expenditurein progress TotalUS$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000Beginning of financial year 207 60,140 186,202 13,720 6,553 44,617 311,439Currency translation differences 1 (1,610) (6,129) (240) (56) (1,330) (9,364)Additions - 10,840 7,904 2,529 731 70,234 92,238Disposals (74) (6) (2,172) (202) (432) (35) (2,921)Write off - (10) (234) (30) - (76) (350)Reclassification 467 502 50,628 65 23 (51,685) -End of financial year 601 69,856 236,199 15,842 6,819 61,725 391,042Accumulated depreciationBeginning of financial year 65 9,532 71,639 8,710 3,560 - 93,506Currency translation differences (2) (219) (1,909) (160) (42) - (2,332)Depreciation charge 31 1,432 9,920 1,798 961 - 14,142Disposals (23) - (1,478) (189) (290) - (1,980)Write off - - (64) (26) - - (90)End of financial year 71 10,745 78,108 10,133 4,189 - 103,246Net book valueEnd of financial year 530 59,111 158,091 5,709 2,630 61,725 287,79677