Notes on The Accounts (Continued)
9.
FIXED ASSETS (Continued)
Plant,
Leasehold
Motor
fixtures and
land
Buildings
buses
equipment
Total
$000's
$000's
$000's
$000's
$000's
The company
Cost or valuation:
At 1st July, 1991
51,016
45,324
474,812
32,167
603,319
Additions
48,988
1,062
50,050
Disposals
(12,500)
(777)
(8,462)
(485)
(22,224)
Transfer
(266)
266
At 30th June, 1992
38,516
44,547
515,072
33,010
631,145
Aggregate depreciation:
At 1st July, 1991
Written back on disposal
Charge for the year
Transfer
At 30th June, 1992
Net book value:
At 30th June, 1992
Add: Buses under construction & in transit
at cost
Net book value:
At 30th June, 1991
Add: Buses under construction & in transit
of cost
4,447
311,759
25,231
341,437
(777)
(8,094)
(350)
(9,221)
485
27,707
1,522
29,714
(256)
256
4,155
331,116
26,659
361,930
38,516
40,392
183,956
6,351
269,215
33,494
302,709
51,016
40,877 163,053
6,936
261,882
30,706
292,588
Leasehold land at 30th June, 1992 is held in Hong Kong under long leases and comprises the following:-
The company
At 1962 valuation
At cost
18
The group
1992
1991
1992
1991
$000's
$000's
$000's $000's
4,500
22,800
4,500 17,000
34,016
34,016
34,016
34,016
38,516
56,816 38,516
51,016