2015 — Page 97

12

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

INVESTMENT PROPERTIES, OTHER PROPERTY, PLANT AND EQUIPMENT AND LEASEHOLD LAND

Buildings

Ferry vessels

and other

crafts

Machinery, furniture

and others

Interest in

Investment

leasehold

Sub-total properties

land

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

HK$'000

Total

HK$'000

Cost or valuation:

At 1 January 2014

70,208

118,077

279,225

467,510

1,251,900

159,407

1,878,817

Additions

1,550

1,349

2,899

2,899

Transfer from inventories

486,624

486,624

Disposals

(111)

(230)

(341)

(341)

Valuation gains

141,676

141,676

At 31 December 2014

71,647

118,077

280,344

470,068 1,880,200

159,407

2,509,675

Representing:

Cost

Valuation

71,647

118,077

280,344

470,068

159,407

629,475

1,880,200

1,880,200

71,647

118,077

280,344

470,068 1,880,200

159,407

2,509,675

Accumulated amortisation

and depreciation:

At 1 January 2014

59,732

114,672

223,414

397,818

113,531

511,349

Charge for the year

609

701

4,650

5,960

1,369

7,329

Written back on disposals

(111)

(230)

(341)

(341)

At 31 December 2014

60,230

115,373

227,834

403,437

114,900

518,337

Net book value:

At 31 December 2014

11,417

2,704

52,510

66,631 1,880,200

44,507

1,991,338

Hong Kong Ferry (Holdings) Company Limited

95

Annual Report 2015