Notes on The Accounts (Continued)
9.
FIXED ASSETS
Property
Plant,
Leasehold
land Buildings properties $000's $000's $000's
Investment
held for redevelopment
Motor
fixtures and
buses
equipment
$000's
$000's
$000's
Total
$000's
(a) The group
Cost or valuation:
At 1st July, 2000
12,995 10,247
884,949
11,595
6,974
926,760
Additions Disposals
158,231
71,590
918
368
231,107
(3,948)
(175)
(4,123)
Revaluation deficits
(13,791)
(13,791)
At 30th June, 2001
12,995
10,247 1,029,389
71,590
8,565 7,167
1,139,953
Representing:
Cost
1962 valuation
11,695 1,300
10,247
71,590
8,565
7,167
109,264
1,300
2001 valuation
1,029,389
1,029,389
12,995
10,247 1,029,389 71,590
8,565
7,167
1,139,953
Aggregate depreciation:
At 1st July, 2000
Charge for the year
1,443 109
4,555
5,966
11,964
840
382
1,331
Written back on disposals
(955)
(175)
(1,130)
At 30th June, 2001
1,552
4,440
6,173
12,165
Net book value:
At 30th June, 2001
12,995
8,695 1,029,389
71,590
4,125
994
1,127,788
At 30th June, 2000
12,995
8,804 884,949
7,040
1,008
914,796
Tenure of title to properties:
2001
Held in Hong Kong
- Long leases
8,156
- Medium term leases
5,911 4,839 2,784
301,000 220,300
71,590
12,995 8,695
521,300 71,590
Held outside Hong Kong - Freehold
508,089
12,995
8,695 1,029,389
71,590
386,657
227,923
614,580
508,089
1,122,669
2000
Held in Hong Kong
- Long leases
8,156
- Medium term leases
264,000 5,960 4,839 2,844 245,700
12,995
8,804 509,700
Held outside Hong Kong
Freehold
375,249
12,995
8,804
884,949
25
1
T
1
278,116
253,383
531,499
375,249
906,748