13
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FIXED ASSETS (Continued)
The Group (Continued)
Ferry vessels
and other
Machinery,
Interest in
furniture
Investment
leasehold
Buildings
HK$'000
crafts
and others
Sub-total
properties
land
Total
HK$'000
· HK$'000
HK$'000
HK$'000
HK$'000
HK$'000
Cost or valuation:
At 1 January 2014
70,208
118,077
279,225
467,510
1,251,900
159,407
1,878,817
Additions
1,550
1,349
2,899
2,899
Transfer from inventories
486,624
486,624
Disposals
(111)
(230)
(341)
(341)
Valuation gains
141,676
141,676
At 31 December 2014
71,647
118,077
280,344
470,068 1,880,200
159,407
2,509,675
Representing:
Cost
Valuation
71,647
118,077
280,344
470,068
159,407
629,475
1,880,200
1,880,200
71,647
118,077
280,344
470,068 1,880,200
159,407
2,509,675
Accumulated amortisation
and depreciation:
At 1 January 2014
59,732
114,672
223,414
397,818
113,531
511,349
Charge for the year
609
701
4,650
5,960
1,369
7,329
Written back on disposals
(111)
(230)
(341)
(341)
At 31 December 2014
60,230
115,373
227,834
403,437,
114,900
518,337
Net book value:
At 31 December 2014
11,417
2,704
52,510
66,631
1,880,200
44,507
1,991,338
Hong Kong Ferry (Holdings) Company Limited Annual Report 2014
75