Annual Report 10/11 - ACL Cables PLC

ACL Cables PLC Annual Report 2010/11Notes to the Financial Statements11. Property, plant and equipment (Contd.)GroupCostAs at 31 March2011Accumulated depreciationAs at 31 March 2011Net book valueAs at 31 March2011LandACL Cables PLC 33,367,145 - 33,367,145Kelani Cables PLC 8,530,505 - 8,530,505ACL Plastics PLC 3,478,925 - 3,478,925Ceylon Bulbs and Electricals Limited 13,970,450 - 13,970,450Kelani Cables PLC 63,298,505 - 63,298,505ACL Kelani Magnet Wire (Pvt) Ltd 38,227,530 - 38,227,530BuildingsACL Cables PLC 85,322,918 48,847,576 36,475,342Kelani Cables PLC 28,397,188 14,026,461 14,370,727ACL Plastics PLC 35,312,748 17,493,989 17,818,759Kelani Cables PLC 33,594,356 14,288,919 19,305,437ACL Kelani Magnet Wire (Pvt) Ltd 57,517,751 11,440,913 46,076,838(e) The initial costs of fully depreciated property, plant and equipment which are still in use at thebalance sheet date are as follows;As at 31 March 2011 As at 31 March 2010ACL Cables PLC 476,876,145 452,489,518ACL Plastics PLC 57,351,806 54,092,407Kelani Cables PLC 257,625,814 233,911,659Ceylon Bulbs & Electricals Limited 14,064,546 14,064,546ACL Kelani Magnet Wire (Pvt) Limited 537,818 397,420(f) Group motor vehicles include the following amounts where the Group is a lessee under a finance lease.As at 31 March 2011 As at 31 March 2010Cost - Capitalized finance lease 2,000,000 2,000,000Accumulated depreciation (1,100,000) (700,000)Net book amount 900,000 1,300,00064