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 Motor2006 buildings machinery fittings equipment Renovation vehicles Total$ $ $ $ $ $ $The CompanyCostBalance as at 1 October 2005 5,230,921 380,190 162,452 159,964 544,827 1,506,445 7,984,799Additions - - - 22,326 63,401 275,331 361,058Disposals - - - (20,685). - (402,070) (422,755).Balance as at 30 September 2006 5,230,921 380,190 162,452 161,605 608,228 1,379,706 7,923,102Accumulated depreciationBalance as at 1 October 2005 1,539,556 135,525 82,383 130,766 312,511 725,713 2,926,454Depreciation charge for the financial year 206,959 32,519 16,202 11,256 75,002 228,122 570,060Disposals - - - (20,359) - (368,903) (389,262).Balance as at 30 September 2006 1,746,515 168,044 98,585 121,663 387,513 584,932 3,107,252Net book valueAs at 30 September 2006 3,484,406 212,146 63,867 39,942 220,715 794,774 4,815,85062 HG METAL MANUFACTURING LIMITED ANNUAL REPORT 2007