Notes to the Financial Statements 30 June 2008 - Abterra
Notes to the Financial Statements 30 June 2008 - Abterra
Notes to the Financial Statements 30 June 2008 - Abterra
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<strong>Notes</strong> <strong>to</strong> <strong>the</strong> <strong>Financial</strong> <strong>Statements</strong><strong>30</strong> <strong>June</strong> <strong>2008</strong>16. INVENTORIES (CONT’D)Movements in allowance for inven<strong>to</strong>ry obsolescence during <strong>the</strong> financial year are as follows:Group<strong>2008</strong> 2007$’000 $’000Balance at beginning of year 228 213Allowance for <strong>the</strong> year - 15Reclassified <strong>to</strong> disposal group (228) -Balance at end of year - 22817. PROPERTY, PLANT AND EQUIPMENTGroupFreeholdland andbuildingPlant,machinery,furniture andequipmentMo<strong>to</strong>rvehiclesLeaseholdimprovementsTotal$’000 $’000 $’000 $’000 $’000Cost or valuation:As at 1 July 2007 1,152 853 139 109 2,253Additions - 22 - - 22Written off - (534) (28) (65) (627)Reclassified <strong>to</strong> disposal group (1,081) - - - (1,081)Translation difference (71) (12) (1) (1) (85)As at <strong>30</strong> <strong>June</strong> <strong>2008</strong> - 329 110 43 48278ABTERRAAnnual Report <strong>2008</strong>
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