notes to the consolidated financial statements - Sacombank

Accumulated depreciation
At 1 January 2011 56,049 272,601 63,992 26,190 418,832
Charge for the year 22,863 139,431 31,615 64,946 258,855
Transfers from finance lease assets (Note 14)
Decrease due to disposal of a subsidiary (Note
- - 334 803 1,137
11(i))
Utilised Science and Technology Development
(8,026) (29,013) (1,675) (5,196) (43,910)
Fund (Note 21.3)
Foreign exchange difference arising from
- 10,602 - - 10,602
converting a branch into a subsidiary - 668 76 8 752
Disposals (14,603) (9,237) (3,429) (2,199) (29,468)
Reclassification (2,017) (1,873) (219) 4,109 -
At 31 December 2011 54,266 383,179 90,694 88,661 616,800
Net book value
At 1 January 2011 704,847 551,779 124,286 221,482 1,602,394
At 31 December 2011 1,080,969 577,605 162,045 284,904 2,105,523
Included in office equipment are fixed assets funded by Science and Technology Development Fund with historical cost
of VND43,012 million (As at 31 December 2010: VND53,012 million) and accumulated depreciation of VND21,848 million
(As at 31 December 2010: VND11,246 million). The accounting policy for those fixed assets is different from similar assets
which are purchased outside the Fund. Accordingly, depreciation for those fixed assets is deducted from Science and
Technology Development Fund – used (Note 21.3)
13 INTANGIBLE FIXED ASSETS
Computer
software
Land use
rights
CURRENCY: Million VND
Other
intangible
fixed assets Total
Million VND Million VND Million VND Million VND
Historical cost
At 1 January 2011 356,010 1,275,381 365 1,631,756
New purchases
Transfers from construction in progress and purchase of
3,514 - - 3,514
fixed assets (Note 15.1) 58,857 349,473 - 408,330
Decrease due to disposal of a subsidiary (Note 11(i))
Foreign exchange difference arising from converting a
(25,599) (58,000) - (83,599)
branch into a subsidiary 1,166 - - 1,166
Disposals (9,910) (180,951) (363) (191,224)
Reclassification 3 (37) 34 -
At 31 December 2011 384,041 1,385,866 36 1,769,943
ANNUAL REPORT 2011 118