2018E — Page 131

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

11 INVESTMENT PROPERTIES, OTHER PROPERTY, PLANT AND EQUIPMENT AND

LEASEHOLD LAND (Continued)

Ferry

vessels Machinery,

furniture

and other

Investment

Interest in

leasehold

Buildings

HK$'000

crafts and others

HK$'000 HK$'000

Sub-total properties HK$'000 HK$'000

land

HK$'000

Total

HK$'000

Cost or valuation:

At 1 January 2018

73,704

Additions

119,114

290

278,162

470,980

2,107,585

159,407

2,737,972

1,689

1,979

1,979

Disposals

(341)

(341)

(341)

Valuation gains

43,885

43,885

At 31 December 2018

73,704

119,404

279,510

472,618 2,151,470

159,407

2,783,495

Representing:

Cost

Valuation

Accumulated amortisation

73,704

119,404 279,510

472,618

159,407

2,151,470

632,025 2,151,470

73,704

119,404

279,510

472,618 2,151,470

159,407

2,783,495

and depreciation:

At 1 January 2018

61,964

Charge for the year

722

116,986

613

235,907

414,857

Written back on disposals

4,110

(341)

5,445

119,007 1,369

533,864

6,814

(341)

(341)

At 31 December 2018

62,686

117,599

239,676

419,961

120,376

540,337

Net book value:

At 31 December 2018

11,018

1,805

39,834

52,657 2,151,470

39,031

2,243,158

Hong Kong Ferry (Holdings) Company Limited

129

Annual Report 2018