Notes on The Accounts (Continued)

9. FIXED ASSETS

Plant,

Leasehold

Motor

fixtures and

land

Buildings

buses

equipment

Total

$000's

$000's

$000's

$000's

$000's

The group

Cost or valuation:

At 1st July, 1990

57,169

47,786

417,290

30,926

553,171

Additions

64,998

1,280

66,278

Disposals

(353)

(375) (7,476)

(39)

(8,243)

At 30th June, 1991

56,816

47,411

474,812

32,167

611,206

Aggregate depreciation :

At 1st July, 1990

Written back on disposal

Charge for the year

At 30th June, 1991

5,956

291,887

23,755

321,598

(229)

(6,892)

(31)

(7,152)

569

26,764

1,507

28,840

6,296

311,759

25,231

343,286

Net book value :

At 30th June, 1991

Add: Buses under construction & in transit at cost

56,816

41,115 163,053

6,936

267,920

30,706

298,626

Net book value :

At 30th June, 1990

57,169

41,830 125,403

7,171

231,573

Add: Buses under construction & in transit- at cost

45,771

277,344

17

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