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Notes to the financial statements13. Fixed Assets (cont’d)Land and Buildings MachineryLong EquipmentFreehold Lease & Vehicles Total$’000 $’000 $’000 $’000GroupCostAt 1 January 2005 156 269,551 128,483 398,190Additions - 105 4,278 4,383Disposals - (706) (243) (949)Costs adjustment - (1,169) - (1,169)Exchange differences arising on consolidation - 9,186 3,696 12,882Subsidiaries acquired - 15,126 2,254 17,380At 31 December 2005 156 292,093 138,468 430,717Accumulated Depreciation and ImpairmentAt 1 January 2005 83 31,578 100,607 132,268Depreciation for the year 5 12,418 4,897 17,320Disposals - - (232) (232)Impairment in value - 8,263 13,470 21,733Exchange differences arising on consolidation - 1,568 3,167 4,735Subsidiaries acquired - 464 1,242 1,706At 31 December 2005 88 54,291 123,151 177,530Net Book Value 68 237,802 15,317 253,187FreeholdLand andBuildings$’000CompanyCostAt 1 January 2005 and at 31 December 2005 156DepreciationAt 1 January 2005 83Depreciation for the year 5At 31 December 2005 88Net Book Value 68202 Notes to the financial statementsKeppel Land LimitedReport to Shareholders 2006