NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
Financial Statements
119
Annual Report 2014
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
2014
Cost
Beginning of financial year
1,089,365
59,174
976,638
47,191 288,814 987,203
35,588 3,483,973
Currency translation
differences
25,684
1,399
23,313
1,102
13,959 23,616
851
89,924
Additions
3,130
1,846
10,160
1,154
3,558
–
80,784
100,632
Disposals
(3,730)
(8,991)
(11,379)
(2,141)
(2,670)
(172)
(11)
(29,094)
Reclassification to investment
properties (Note 22)
(12)
–
–
–
–
–
–
(12)
Reclassification from
inventories
–
–
–
–
–
45,843
–
45,843
Reclassification
16,152
1,174
10,000
551
310
4,635
(32,822)
–
End of financial year
1,130,589
54,602
1,008,732
47,857 303,971 1,061,125
84,390 3,691,266
Accumulated depreciation and impairment losses
Beginning of financial year
219,023
48,946
506,629
40,917 162,138 278,452
– 1,256,105
Currency translation
differences
6,360
1,402
14,971
1,068
8,596
7,638
–
40,035
Depreciation charge
33,157
6,272
73,136
2,682
13,151 24,701
–
153,099
Impairment charge
–
–
163
–
–
–
–
163
Disposals
(442)
(8,976)
(11,166)
(2,119)
(2,442)
(48)
–
(25,193)
Reclassification
(7)
7
–
–
–
–
–
–
End of financial year
258,091
47,651
583,733
42,548 181,443 310,743
– 1,424,209
Net book value
End of financial year
872,498
6,951
424,999
5,309 122,528 750,382
84,390 2,267,057
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 to investment
properties (Note 22)
438
–
–
–
–
–
–
438
Reclassification
13,762
750
653
864
12,426
9,685
(38,140)
–
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
