Annual Report 2011 - QuamIR

Notes to the Consolidated Financial StatementsFor the year ended 31 March 201116. Property, Plant and EquipmentGroupBuildings Plant Furniture,Leasehold at the Leasehold Mining and Motor fixtures and Constructionland Buildings mining site improvements structures machinery vehicles equipment in progress TotalHK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000CostBalance at 1 April 2009 – – – 207 – – 1,691 509 – 2,407Additions – – – – – – – 197 – 197Disposals – – – – – – (980) – – (980)Derecognized on disposalof subsidiaries – – – – – – – (84) – (84)Acquired on acquisitionof subsidiaries – – – – – – 1,474 – – 1,474Effect of foreign currencyexchange differences – – – – – – – 17 – 17Balance at 31 March 2010 – – – 207 – – 2,185 639 – 3,031Additions 22,960 3,693 – – 1,199 3,865 5,099 201 24,159 61,176Disposals – – – – – – (722) – – (722)Transferred fromconstruction in progress – – 15,147 – 11,151 – – – (26,298) –Derecognized on disposalof subsidiaries – – – – – – – (153) – (153)Acquired on acquisitionof subsidiaries – – 296 – 363 2,208 – 26 13,985 16,878Effect of foreign currencyexchange differences – – 375 – 311 175 100 12 465 1,438Balance at 31 March 2011 22,960 3,693 15,818 207 13,024 6,248 6,662 725 12,311 81,648Sino Prosper State Gold Resources Holdings Limited84