CMB_2001 — Page 28

Notes on The Accounts (Continued)

9.

FIXED ASSETS (Continued)

Plant,

Leasehold

Investment

Motor

fixtures and

land

Buildings

properties

buses

equipment

$000's

$000's

$000's

$000's

$000's

Total

$000's

(b) The company

. M

Cost or valuation:

At 1st July, 2000

12,995

10,247

264,000

11,595

6,773

305,610

Additions

918

249

1,167

Disposals

(3,948)

(175)

(4,123)

Revaluation surpluses

37,000

37,000

At 30th June, 2001

12,995

10,247

301,000

8,565

6,847

339,654

Representing:

Cost

1962 valuation

2001 valuation

11,695

10,247

8,565

6,847

37,354

1,300

1,300

301,000

301,000

12,995

10,247 301,000

8,565

6,847

339,654

Aggregate depreciation:

At 1st July, 2000 Charge for the year Written back on disposals

J

T

T

1,443

109

4,555

5,912

11,910

840

331

1,280

(955)

(175)

(1,130)

4,440

6,068

12,060

At 30th June, 2001

1,552

Net book value:

At 30th June, 2001

12,995

8,695

301,000

4,125

779

327,594

At 30th June, 2000

12,995

8,804

264,000

7,040

861

293,700

Tenure of title to properties:

2001

Held in Hong Kong

- Long leases

8,156

5,911

301,000

315,067

- Medium term leases

4,839

2,784

7,623

12,995

8,695

301,000

322,690

2000

Held in Hong Kong

- Long leases

8,156

5,960 264,000

- Medium term leases

4,839

2,844

278,116 7,683

12,995

8,804 264,000

285,799

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