Annual Report 2012 - ecoWise Holdings Limited

ecoWise Holdings Limitedannual report 20129731 OCTOBER 2012NOTES TO THE FINANCIAL STATEMENTS14. PROPERTY, PLANT AND EQUIPMENTConstructionin-progressLeaseholdlandLeaseholdproperties andimprovementsPlant andequipment Total$’000 $’000 $’000 $’000 $’000GroupCostAt 1 November 2010 2,673 1,513 7,169 33,214 44,569Effects of movements in exchange rates 14 (27) (35) (364) (412)Additions 8,344 – 50 990 9,384Transfers (19) – – 19 –Disposals – (950) (1,112) (621) (2,683)At 31 October 2011 11,012 536 6,072 33,238 50,858Effects of movements in exchange rates (13) (27) (67) (278) (385)Additions 4,554 1,124 1,900 2,309 9,887Transfers (14,770) – 36 14,734 –Disposals – – – (331) (331)Reclassified to finance lease receivables – – – (14,598) (14,598)At 31 October 2012 783 1,633 7,941 35,074 45,431Accumulated depreciation and impairment lossesAt 1 November 2010 – 17 2,684 8,757 11,458Effects of movements in exchange rates – (1) 2 (19) (18)Depreciation for the year – 18 179 2,613 2,810Disposals – (6) (31) (596) (633)Reversal of impairment loss – – – (502) (502)At 31 October 2011 – 28 2,834 10,253 13,115Effects of movements in exchange rates – (1) (4) (58) (63)Depreciation for the year – 6 192 2,955 3,153Disposals – – – (130) (130)Impairment loss – – – 194 194At 31 October 2012 – 33 3,022 13,214 16,269Carrying amountsAt 1 November 2010 2,673 1,496 4,485 24,457 33,111At 31 October 2011 11,012 508 3,238 22,985 37,743At 31 October 2012 783 1,600 4,919 21,860 29,162