0175 Geely Automobile Holdings Limited Annual Report 2011
0175 Geely Automobile Holdings Limited Annual Report 2011
0175 Geely Automobile Holdings Limited Annual Report 2011
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<strong>Annual</strong> <strong>Report</strong> <strong>2011</strong><strong>Geely</strong> <strong>Automobile</strong> <strong>Holdings</strong> <strong>Limited</strong>NOTES TO THE CONSOLIDATEDFINANCIAL STATEMENTSFor the year ended 31 December <strong>2011</strong>15. Property, Plant and EquipmentFurnitureand fixtures,officeFreeholdequipmentConstruction land and Leasehold Plant and Leasehold and motorin progress buildings buildings machinery improvements vehicles TotalRMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000COSTAt 1 January 2010 525,910 70,620 1,758,596 2,623,536 19,403 198,288 5,196,353Acquisition of a subsidiary 175,500 – – 774 – 2,358 178,632Exchange differences 12,951 6,989 – 19,661 – 261 39,862Additions (restated) 823,744 262 170,250 432,189 5,910 75,949 1,508,304Transfer (896,558) – 536,675 355,912 – 3,971 –Disposals (65,444) – (12,032) (154,296) – (17,830) (249,602)At 31 December 2010 (restated) 576,103 77,871 2,453,489 3,277,776 25,313 262,997 6,673,549Acquisition of subsidiaries 537,972 – – 1,419 – 2,385 541,776Exchange differences (1,906) (3,180) – (14,122) – (228) (19,436)Additions 1,137,082 1,182 32,506 237,812 – 99,243 1,507,825Transfer (1,502,115) – 557,193 920,280 5,446 19,196 –Disposals – – (112,980) (127,096) – (13,653) (253,729)At 31 December <strong>2011</strong> 747,136 75,873 2,930,208 4,296,069 30,759 369,940 8,449,985DEPRECIATIONAt 1 January 2010 – 1,853 163,409 623,109 2,978 76,902 868,251Exchange differences – 183 – 1,419 – 42 1,644Charge for the year (restated) – 3,786 62,264 284,843 1,883 34,514 387,290Disposals – – (1,289) (44,443) – (5,398) (51,130)At 31 December 2010 (restated) – 5,822 224,384 864,928 4,861 106,060 1,206,055Exchange differences – (351) – (3,173) – (120) (3,644)Charge for the year – 3,796 79,244 367,815 2,123 49,564 502,542Disposals – – (3,681) (38,806) – (8,306) (50,793)At 31 December <strong>2011</strong> – 9,267 299,947 1,190,764 6,984 147,198 1,654,160NET BOOK VALUEAt 31 December <strong>2011</strong> 747,136 66,606 2,630,261 3,105,305 23,775 222,742 6,795,825At 31 December 2010 (restated) 576,103 72,049 2,229,105 2,412,848 20,452 156,937 5,467,494The Group’s freehold land is located outside Hong Kong. Certain of the Group’s property, plant and equipmenthave been pledged to secure banking facilities granted to the Group (note 26(a)) and to the Company’s ultimateholding company (note 35(c)).91
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