Page 119 - ar2013.pdf

NOTES TO THE FINANCIAL STATEMENTS
For the Ànancial year ended 31 December 2013
117
Annual Report 2013
F i nanc i a l Statement s
22. Investment properties (continued)
The following amounts are recognised in the income statement:
The Group
2013 2012
$’000 $’000
Rental income 1,044 1,184
Direct operating expenses arising from investment
properties that generate rental income 500 568
23. Property, plant and equipment
The Group
Leasehold
land and
buildings
$’000
Office
renovations,
furniture,
fixtures and
equipment
$’000
Plant,
machinery
and
equipment
$’000
Motor
vehicles
$’000
Motor
vessels
$’000
Docks
and quays
$’000
Construction-
in-progress
$’000
Total
$’000
2013
Cost
Beginning of financial year 1,018,600 55,481 937,271 46,400 267,111 918,509 21,793 3,265,165
Currency translation differences 64,201 3,504 60,090 2,865 9,074 59,009 1,402 200,145
Additions 2,387 2,051 3,179 155 2,512 – 51,571 61,855
Disposals (10,023) (2,612) (24,555) (3,093) (2,309) – (1,038) (43,630)
Reclassification 14,200 750 653 864 12,426 9,685 (38,140) 438
End of financial year 1,089,365 59,174 976,638 47,191 288,814 987,203 35,588 3,483,973
Accumulated depreciation and impairment losses
Beginning of financial year 177,751 42,233 406,180 37,225 146,578 229,509 – 1,039,476
Currency translation differences 11,912 2,833 28,456 2,463 5,096 15,650 – 66,410
Depreciation charge 37,382 6,442 90,318 4,411 11,295 33,293 – 183,141
Impairment charge – – 110 – – – – 110
Disposals (8,197) (2,562) (17,162) (3,182) (2,104) – – (33,207)
Reclassification 175 – (1,273) – 1,273 – – 175
End of financial year 219,023 48,946 506,629 40,917 162,138 278,452 – 1,256,105
Net book value
End of financial year 870,342 10,228 470,009 6,274 126,676 708,751 35,588 2,227,868
2012
Cost
Beginning of financial year 983,457 53,392 935,553 47,772 283,686 929,290 89,788 3,322,938
Currency translation differences (46,676) (2,536) (45,021) (2,224) (16,457) (44,806) (4,313) (162,033)
Additions 28,956 3,602 4,141 1,254 976 – 83,727 122,656
Disposals (1,280) (764) (15,745) (971) (1,094) (5) (1,766) (21,625)
Reclassification 54,143 1,787 58,343 569 – 34,030 (145,643) 3,229
End of financial year 1,018,600 55,481 937,271 46,400 267,111 918,509 21,793 3,265,165
Accumulated depreciation and impairment losses
Beginning of financial year 144,540 37,759 344,413 34,346 144,950 204,804 – 910,812
Currency translation differences (7,205) (1,872) (17,632) (1,691) (8,682) (10,284) – (47,366)
Depreciation charge 35,181 7,100 87,096 5,375 11,376 32,261 – 178,389
Impairment charge 6,407 – 970 – – 754 – 8,131
Disposals (494) (760) (8,661) (805) (1,066) (5) – (11,791)
Reclassification (678) 6 (6) – – 1,979 – 1,301
End of financial year 177,751 42,233 406,180 37,225 146,578 229,509 – 1,039,476
Net book value
End of financial year 840,849 13,248 531,091 9,175 120,533 689,000 21,793 2,225,689