Sunny Tew

NOTES TO THE FINANCIAL STATEMENTSFOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2007 (Continued)4. Property, plant and equipment (Continued)Plant FurnitureLeasehold and and Office Motor2007 buildings machinery fittings equipment Renovation vehicles Total$ $ $ $ $ $ $The CompanyCostBalance as at 1 October 2006 5,230,921 380,190 162,452 161,605 608,228 1,379,706 7,923,102Additions - 160,000 24,850 39,949 - 246,175 470,974Disposals - - - (6,098) - (92,250) (98,348)Balance as at 30 September 2007 5,230,921 540,190 187,302 195,456 608,228 1,533,631 8,295,728Accumulated depreciationBalance as at 1 October 2006 1,746,515 168,044 98,585 121,663 387,513 584,932 3,107,252Depreciation charge for the financial year 206,959 40,019 13,217 17,607 78,938 272,766 629,506Disposals - - - (6,098) - (92,250) (98,348)Balance as at 30 September 2007 1,953,474 208,063 111,802 133,172 466,451 765,448 3,638,410Net book valueAs at 30 September 2007 3,277,447 332,127 75,500 62,284 141,777 768,183 4,657,318HG METAL MANUFACTURING LIMITED ANNUAL REPORT 200761