81
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
for the financial year ended 31 December 2014
10.
PROPERTY, PLANT AND EQUIPMENT
Freehold
land Buildings
Leasehold
buildings
Plant and
machinery
Furniture
and fittings
Office
equipment Renovation
Motor
vehicles
Construction
in progress
Total
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
Group
Cost
At 1 January 2013
235
313 16,203 10,155
814
592
943
2,779
880 32,914
Additions
–
–
–
714
58
54
11
462
2,392
3,691
Disposals/write off
–
–
–
(371)
–
(2)
–
(840)
–
(1,213)
Reclassifications
–
1,389
–
–
–
–
–
–
(1,389)
–
Exchange differences
(5)
(45)
–
(17)
1
1
–
(7)
7
(65)
At 31 December 2013
230
1,657 16,203 10,481
873
645
954
2,394
1,890 35,327
Additions
–
–
–
1,156
17
65
151
20
546
1,955
Disposals/write off
–
–
–
(551)
(72)
(49)
(206)
(654)
–
(1,532)
Reclassifications
–
–
–
2,186
–
–
–
–
(2,186)
–
Exchange differences
(4)
(18)
–
(5)
–
–
–
(8)
–
(35)
At 31 December 2014
226
1,639 16,203 13,267
818
661
899
1,752
250 35,715
Accumulated depreciation
and impairment loss
At 1 January 2013
–
18
8,073
4,301
282
286
536
1,781
– 15,277
Charge for the year
–
63
916
640
78
87
110
383
–
2,277
Disposals/write off
–
–
–
(89)
–
–
–
(402)
–
(491)
Exchange differences
–
(2)
–
(3)
–
–
–
(8)
–
(13)
At 31 December 2013
–
79
8,989
4,849
360
373
646
1,754
– 17,050
Charge for the year
–
74
916
1,026
68
79
95
208
–
2,466
Disposals/write off
–
–
–
(403)
(36)
(14)
(191)
(459)
–
(1,103)
Impairment loss
–
380
–
1,014
15
–
–
–
250
1,659
Exchange differences
–
–
–
(3)
–
–
–
(6)
–
(9)
At 31 December 2014
–
533
9,905
6,483
407
438
550
1,497
250 20,063
Net carrying amount
At 31 December 2014
226
1,106
6,298
6,784
411
223
349
255
– 15,652
At 31 December 2013
230
1,578
7,214
5,632
513
272
308
640
1,890 18,277
