2012 Annual Report - ZTE

ZTE CORPORATIONNotes to Financial Statements(Prepared under Hong Kong Financial Reporting Standards)31 December 201215. PROPERTY, PLANT AND EQUIPMENT31 December 2012At 31 December 2011 andat 1 January 2012:Lands andbuildingsLeaseholdimprovementsGroupMachinery,computersand officeequipmentMotorvehiclesConstructionin progressTotalRMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000Cost 4,318,775 106,911 6,064,536 353,636 1,580,462 12,424,320Accumulated depreciation andimpairment (488,280) (66,245) (3,077,711) (146,057) — (3,778,293)Net carrying amount 3,830,495 40,666 2,986,825 207,579 1,580,462 8,646,027At 1 January 2012, net ofaccumulated depreciation andimpairment 3,830,495 40,666 2,986,825 207,579 1,580,462 8,646,027Additions 13,643 52,895 761,146 27,161 608,303 1,463,148Disposals (40,526) (15,367) (167,810) (17,634) (53,756) (295,093)Transfer to investment property(note16) (261,163) — (8,843) — (451,309) (721,315)Depreciation provided duringthe year (152,822) (26,167) (828,292) (35,685) — (1,042,966)Transfers 727,274 — 131,988 — (859,262) —Exchange realignments (14,601) (13,435) (7,763) (364) (51) (36,214)Impairment — — (2,559) — — (2,559)At 31 December 2012, net ofaccumulated depreciation andimpairment 4,102,300 38,592 2,864,692 181,057 824,387 8,011,028At 31 December 2012:Cost 4,713,201 88,155 6,392,844 348,045 824,387 12,366,632Accumulated depreciation andimpairment (610,901) (49,563) (3,528,152) (166,988) — (4,355,604)Net carrying amount 4,102,300 38,592 2,864,692 181,057 824,387 8,011,028374