Osim FR 050407.indd

Notes to the Financial Statements - 31 December 2006 (cont’d)10. Fixed assetsGroupFurnitureandfittingsCapitalwork-inprogressFreehold Freehold Leasehold Plant andMotor ShopOfficeland buildings buildings machinery Computers vehicles renovationsequipmentTotal$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000CostAs at 1 January 2005 3,931 2,516 3,207 7,733 5,364 2,671 20,214 5,363 2,138 – 53,137Additions – 52 – 2,001 1,081 172 6,145 3,645 499 – 13,595Disposals (171) (957) – (6) (190) (123) (5,427) (371) (52) – (7,297)Acquisition of subsidiaries(Note 11di) – – 3,353 189 793 180 3,371 4,758 199 – 12,843Net exchange differences 2 12 6 – 46 20 170 (118) 13 – 151As at 31 December 2005and 1 January 2006 3,762 1,623 6,566 9,917 7,094 2,920 24,473 13,277 2,797 – 72,429Reclassification – – – – 140 – – (140) – – –Additions – – – 17 1,520 1,135 16,482 4,284 817 21 24,276Disposals – – – (3) (283) (676) (8,182) (719) (80) – (9,943)Acquisition of subsidiaries(Note 11ci) – – – 4 63 19 83 311 10 – 490Net exchange differences (295) (128) (7) – (235) (76) (1,142) (186) (100) – (2,169)As at 31 December 2006 3,467 1,495 6,559 9,935 8,299 3,322 31,714 16,827 3,444 21 85,083Accumulateddepreciation andimpairmentAs at 1 January 2005– 187 1,129 2,349 3,979 1,746 11,440 2,817 772 – 24,419Depreciation charge forthe year– 46 141 1,094 1,096 464 6,034 1,844 347 – 11,066Disposals – (188) – (1) (82) (118) (4,840) (211) (37) – (5,477)Impairment loss (Note 32) – – 100 – – – – – – – 100Net exchange differences – 2 – – 28 17 116 16 6 – 185As at 31 December 2005and 1 January 2006 – 47 1,370 3,442 5,021 2,109 12,750 4,466 1,088 – 30,293Depreciation charge forthe year – 30 162 1,114 1,501 491 7,947 2,777 447 – 14,469Disposals – – – (1) (250) (625) (6,699) (338) (51) – (7,964)Impairment loss (Note 32) 33 14 – – – 2 41 – – – 90Net exchange differences (1) (5) (1) – (141) (53) (529) (68) (45) – (843)As at 31 December 2006 32 86 1,531 4,555 6,131 1,924 13,510 6,837 1,439 – 36,045Net carrying amountAs at 31 December 2006 3,435 1,409 5,028 5,380 2,168 1,398 18,204 9,990 2,005 21 49,038As at 31 December 2005 3,762 1,576 5,196 6,475 2,073 811 11,723 8,811 1,709 – 42,136Notes to the Financial Statements 112Annual Report 2006