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 2014
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
and 1 January 2015
226
1,639
16,203
13,267
818
661
899
1,752
250 35,715
Additions
–
–
–
1,210
25
13
147
1,137
–
2,532
Disposals/write off
–
–
–
(1,544)
–
(12)
–
(296)
(250)
(2,102)
Exchange differences
(29)
(224)
–
(87)
3
(8)
–
(45)
–
(390)
At 31 December 2015
197
1,415
16,203
12,846
846
654
1,046
2,548
–
35,755
Accumulated
depreciation and
impairment loss
At 1 January 2014
–
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
and 1 January 2015
–
533
9,905
6,483
407
438
550
1,497
250 20,063
Charge for the year
–
67
914
1,000
62
63
104
210
–
2,420
Disposals/write off
–
–
–
(1,383)
–
(12)
–
(294)
(250)
(1,939)
Impairment loss
–
538
–
–
–
–
–
–
–
538
Exchange differences
–
(119)
–
(63)
–
(4)
(2)
(44)
–
(232)
At 31 December 2015
–
1,019
10,819
6,037
469
485
652
1,369
–
20,850
Net carrying amount
At 31 December 2015
197
396
5,384
6,809
377
169
394
1,179
–
14,905
At 31 December 2014 226
1,106
6,298
6,784
411
223
349
255
–
15,652
81
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2015
NOTES TO THE
FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
