Nextmedia ar cover 21june op.co

98
Next Media Limited annual report 06 07
19. PROPERTY, PLANT AND EQUIPMENT
Notes to the Consolidated Financial Statements (continued)
Freehold Furniture,
land and Leasehold Plant and fi xtures and Motor
buildings improvements machinery equipment vehicles Total
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
THE GROUP
COST OR VALUATION
At 1 April 2005 806,599 48,320 1,139,800 215,998 6,424 2,217,141
Exchange difference (11,719) (663) (13,928) (4,190) (28) (30,528)
Additions – 2,812 53,956 26,493 985 84,246
Adjustment (Note) (3,647) (309) (7,067) (1,974) (21) (13,018)
Disposals – (235) (186) (9,463) (845) (10,729)
Revaluation 3,305 – – – – 3,305
At 31 March 2006 and 1 April 2006 794,538 49,925 1,172,575 226,864 6,515 2,250,417
Exchange difference (4,394) (273) (5,179) (1,640) (10) (11,496)
Additions 55,120 3,446 57,053 25,101 1,654 142,374
Disposals – (37) (3,720) (7,285) (1,190) (12,232)
At 31 March 2007 845,264 53,061 1,220,729 243,040 6,969 2,369,063
ACCUMULATED DEPRECIATION
At 1 April 2005 10,730 15,300 368,230 129,041 3,968 527,269
Exchange difference (37) (54) (1,831) (2,460) (12) (4,394)
Charge for the year 14,413 2,183 79,685 46,754 932 143,967
Disposals – (100) (122) (8,663) (832) (9,717)
Revaluation (3,704) – – – – (3,704)
At 31 March 2006 and 1 April 2006 21,402 17,329 445,962 164,672 4,056 653,421
Exchange difference (75) (37) (1,243) (1,428) (8) (2,791)
Charge for the year 14,403 2,228 102,732 36,258 967 156,588
Disposals – (9) (2,512) (6,229) (1,070) (9,820)
At 31 March 2007 35,730 19,511 544,939 193,273 3,945 797,398
CARRYING VALUES
At 31 March 2007 809,534 33,550 675,790 49,767 3,024 1,571,665
At 31 March 2006 773,136 32,596 726,613 62,192 2,459 1,596,996
Note: Adjustment on property, plant and equipment represents the refund of valued-added tax by the relevant government authority.