Notes on The Accounts (Continued)
8.
FIXED ASSETS (Continued)
Company
Plant,
Leasehold
Motor
fixtures and
land
Buildings
buses
equipment
Total
$000's
$000's
$000's
$000's
$000's
Cost or valuation:
At 1st July, 1994
33,606
Additions
42,448
471
581,326
35,290
692,670
56,434
700
57,605
Disposals
(26,265)
(26,265)
At 30th June, 1995
33,606
42,919
611,495
35,990
724,010
Aggregate depreciation:
At 1st July, 1994
Written back on disposal Charge for the year
At 30th June, 1995
Net book value:
At 30th June, 1995
Add: Buses under construction & in transit
at cost
Net book value:
1
1
4,831
372,260
30,105
407,196
(25,465)
(25,465)
478
29,537
1,467
31,482
5,309
376,332
31,572
413,213
33,606
37,610
235,163
4,418
310,797
310,797
At 30th June, 1994
33,606
37,617
209,066
5,185
285,474
Add: Buses under construction & in transit at cost
33,512
318,986
Leasehold land at 30th June, 1995 is held in Hong Kong under long leases and comprises the following:-
At 1962 valuation
At 1993/94 valuation
At cost
3333
23
The group
1995
1994
$000's
$000's
The company
1995
$000's $000's
1994
1,300
1,300 89,279
1,300
1,300
32,306
32,306 32,306 32,306
33,606
122,885 33,606 33,606