Ecowise Annual Report 2007 - ecoWise Holdings Limited

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Notes to FinancialStatements31 October 200713. PROPERTY, PLANT AND EQUIPMENT (Cont’d)LeaseholdConstruction property and Plant andin progress improvements equipment Total$’000 $’000 $’000 $’000GroupCostAt beginning of year 1 November 2005 – 2,238 9,200 11,438Arising from acquisition of subsidiary – – 89 89Additions 53 284 1,305 1,642Reclassification – 76 – 76Reversal of impairment loss – – 342 342Impairment loss – – (1,000) (1,000)Disposals – (12) (46) (58)At end of year 31 October 2006 53 2,586 9,890 12,529Accumulated depreciationAt beginning of year 1 November 2005 – 1,342 3,489 4,831Arising from acquisition of subsidiary – – 24 24Depreciation – 168 788 956Reversal of impairment loss – – 18 18Impairment loss – – 50 50Disposal – (10) 1 (9)At end of year 31 October 2006 – 1,500 4,370 5,870Net book valueAt end of year 31 October 2006 53 1,086 5,520 6,659The depreciation expense is charged as follows:AdministrativeCost of sales expenses Total$’000 $’000 $’0002007 836 401 1,2372006 672 284 95668 • ecoWise Holdings Limited • Annual Report 2007
Notes to FinancialStatements31 October 200713. PROPERTY, PLANT AND EQUIPMENT (Cont’d)CompanyPlant andequipment$’000CostCost at beginning of year 1 November 2006 380Additions 12Disposals (4)At end of year 31 October 2007 388Accumulated depreciationAt beginning of year 1 November 2006 202Depreciation for the year 30Disposals (4)Impairment loss –At end of year 31 October 2007 228Net book valueAt end of year 31 October 2007 160CompanyPlant andequipment$’000CostCost at beginning of year 1 November 2005 369Additions 11At end of year 31 October 2006 380Accumulated depreciationAt beginning of year 1 November 2005 116Depreciation for the year 36Impairment loss 50At end of year 31 October 2006 202Net book valueAt end of year 31 October 2006 178The depreciation expense is charged as administrative expense.Certain items are under finance lease agreements (see Note 23).69
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ecoWise Holdings Limitedannual repo
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everything has BEAUTYbut not everyo
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Our biomass cogeneration plant at S
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Copper slag, the waste residue of c
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Our composting facility at Sarimbun
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Working to create a living planet.
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CHAIRMAN’SSTATEMENTRecovery of In
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FINANCIALHIGHLIGHTSFY2007 FY2006 FY
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OPERATIONSREVIEWReview of Financial
Page 20 and 21: BOARD OFDIRECTORS1 2 34 5 618 • e
Page 22 and 23: MANAGEMENTTEAMLee Thiam SengChief E
Page 24 and 25: CORPORATEGOVERNANCENewly appointed
Page 26 and 27: CORPORATEGOVERNANCEAccess to Inform
Page 28 and 29: CORPORATEGOVERNANCEFor the period u
Page 30 and 31: CORPORATEGOVERNANCEThe AC has power
Page 32 and 33: CORPORATEGOVERNANCERisk ManagementA
Page 34 and 35: REPORT OFTHE DIRECTORSThe directors
Page 36 and 37: REPORT OFTHE DIRECTORS5. OPTIONS TO
Page 38 and 39: REPORT OFTHE DIRECTORS5. OPTIONS TO
Page 40 and 41: STATEMENT OFDIRECTORSIn the opinion
Page 42 and 43: ConsolidatedIncome StatementYear En
Page 44 and 45: Statements OfChanges In EquityYear
Page 46 and 47: Consolidated CashFlow StatementYear
Page 48 and 49: Notes to FinancialStatements31 Octo
Page 92 and 93: SHAREHOLDINGSSTATISTICSAS AT 18 JAN
Page 94 and 95: Notice of AnnualGeneral MeetingECOW
Page 96 and 97: Notice of AnnualGeneral MeetingECOW
Page 98 and 99: ADDITIONALEXPLANATORY STATEMENTTO O
Page 100 and 101: ADDITIONALEXPLANATORY STATEMENTTO O
Page 102 and 103: ProxyFormECOWISE HOLDINGS LIMITEDRe
Page 104: H O L D I N G S L I M I T E DCo. Re
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Ecowise Annual Report 2007 - ecoWise Holdings Limited

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