Notes on The Accounts (Continued)
FIXED ASSETS (Continued)
Company
Leasehold
Motor
Plant, fixtures and
land
Buildings
buses
equipment
Total
$000's
$000's
$000's
$000's
$000's
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
(92,479)
(2,099)
(7,195)
(535)
(102,308)
At 30th June, 1994
33,606
42,448
581,326
35,290
692,670
Aggregate depreciation:
At 1st July, 1993
Written back on disposal
Charge for the year
At 30th June, 1994
4,631
352,092
28,060
384,783
(271)
(6,865)
(333)
(7,469)
471
27,033
2,378
29,882
4,831
372,260
30,105
407,196
Net book value:
At 30th June, 1994
Add: Buses under construction & in transit
H
at cost
Net book value:
At 30th June, 1993
Add: Buses under construction & in transit
at cost
33,606
37,617
209,066
5,185
285,474
33,512
318,986
38,516
39,916
191,939
6,757
277,128
43,044
320,172
Leasehold land at 30th June, 1994 is held in Hong Kong under long leases and comprises the following:-
The company
At 1962 valuation
At 1993/94 valuation
At cost
19
The group
1994
1993
1994
1993
$000's
$000's
$000's $000's
1,300 89,279
4,500
1,300
4,500
32,306 34,016 32,306 34,016
122,885 38,516
33,606
38,516