2012 Annual Report - ZTE

ANNUAL REPORT 2012Notes to Financial Statements(Prepared under Hong Kong Financial Reporting Standards)31 December 201215. PROPERTY, PLANT AND EQUIPMENT (continued)31 December 2011At 31 December 2010 andat 1 January 2011:Lands andbuildingsLeaseholdimprovementsGroupMachinery,computersand officeequipmentMotorvehiclesConstructionin progressTotalRMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000Cost 3,695,969 140,168 5,884,514 354,919 1,146,739 11,222,309Accumulated depreciation andimpairment (374,479) (94,724) (2,882,734) (150,096) — (3,502,033)Net carrying amount 3,321,490 45,444 3,001,780 204,823 1,146,739 7,720,276At 1 January 2011, net ofaccumulated depreciation andimpairment 3,321,490 45,444 3,001,780 204,823 1,146,739 7,720,276Additions 207,507 62,030 1,016,450 57,184 1,307,802 2,650,973Disposals (10,619) (29,177) (544,751) (17,685) — (602,232)Depreciation provided duringthe year (118,380) (34,405) (839,158) (34,456) — (1,026,399)Transfers 449,478 — 417,577 — (867,055) —Exchange realignments (18,981) (3,226) (65,073) (2,287) (7,024) (96,591)At 31 December 2011, net ofaccumulated depreciation andimpairment 3,830,495 40,666 2,986,825 207,579 1,580,462 8,646,027At 31 December 2011:Cost 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 8,646,027375