Notes on The Accounts (Continued)

8.

FIXED ASSETS

Leasehold

Motor

Plant, fixtures and

land

Buildings

buses

equipment

Total

$000's

$000's

$000's

$000's

$000's

Group

Cost or valuation:

At 1st July, 1993

38,516

44,547

544,031

34,817

661,911

Additions

44,490

1,008

45,498

Revaluation surplus

87,569

87,569

Disposals

(3,200)

(1,262)

(7,195)

(535)

(12,192)

At 30th June, 1994

122,885

43,285

581,326

35,290

782,786

Aggregate depreciation:

At 1st July, 1993

Written back on disposal

Charge for the year

4,631

352,092

28,060

384,783

(155)

(6,865)

(333)

(7,353)

477

27,033

2,378

29,888

4,953

372,260

30,105

407,318

At 30th June, 1994

Net book value:

At 30th June, 1994

Add: Buses under construction & in transit of cost

Net book value:

122,885

38,332 209,066

5,185

375,468

33,512

408,980

At 30th June, 1993

38,516

39,916 191,939

6,757

277,128

Add: Buses under construction & in transit at cost

43,044

320,172

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