13 FIXED ASSETS
The Group
Hong Kong Ferry (Holdings) Company Limited Annual Report 2013
Notes to the Accounts (Continued)
Investment
Ferry vessels
and other
Buildings
crafts
Machinery,
furniture
and others
Investment
property
held for
Interest in
leasehold
Sub-total
properties development
land
Total
HK$'000
HK$'000
HK$'000
HK$'000
HK$'000 HK$'000
HK$'000
HK$'000
Cost or valuation:
At 1 January 2012
70,215
131,371
277,545
479,131
1,010,400
108,000
159,407
1,756,938
Additions
126
272
714
1,112
1,112
Cost adjustment (Note)
485
485
Disposals
(121)
(255)
(376)
(8,595)
(148,000)
(156,971)
Valuation gains
180,510
40,000
220,510
At 31 December 2012
70,220
131,643
278,004
479,867 1,182,800
Representing:
Cost
Valuation
159,407
1,822,074
70,220
131,643
278,004
479,867
159,407
639,274
1,182,800
1,182,800
70,220
131,643
278,004
479,867
1,182,800
159,407
1,822,074
Accumulated amortisation
and depreciation:
At 1 January 2012
58,733
126,413
214,301
399,447
110,792
510,239
Charge for the year
605
1,663
4,800
7,068
1,370
8,438
Written back on disposals
(121)
(251)
(372)
(372)
At 31 December 2012
59,217
128,076
218,850
406,143
112,162
518,305
Net book value:
At 31 December 2012
11,003
3,567
59,154
73,724
1,182,800
47,245
1,303,769
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