FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
78
NOTES TO FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONT’D)
13 PROPERTY, PLANT AND EQUIPMENT
2015
The Group
Freehold
land and
buildings
$’000
Leasehold
land and
buildings
$’000
Plant,
machinery
and
equipment
and piping
and
electrical
installation
$’000
Moulds
and
toolings
$’000
Office
equipment,
furniture
and fittings
and
renovation
$’000
Motor
vehicles
$’000
Construction-
in-progress
$’000
Total
$’000
Cost:
At beginning of the
financial year
26,693
22,129 178,937
19,151
40,563
3,584
1,314 292,371
Currency translation
differences
(1,345)
(2,836)
(9,574)
(638)
(1,691)
(213)
92 (16,205)
Additions
-
3
9,720
1,885
1,282
87
2,769 15,746
Disposals
-
-
(3,744)
(263)
(274)
(151)
-
(4,432)
Written off
-
-
(188)
(188)
(375)
-
-
(751)
Reclassifications
-
(97)
(856)
213
1,083
(1)
(342)
-
At end of the
financial year
25,348
19,199 174,295
20,160
40,588
3,306
3,833 286,729
Accumulated
depreciation:
At beginning of the
financial year
8,859
4,813 125,764
14,258
30,001
2,084
-
185,779
Currency translation
differences
(401)
(569)
(7,195)
(420)
(1,369)
(142)
-
(10,096)
Charge for the
financial year
752
346
11,365
1,755
3,422
424
-
18,064
Disposals
-
-
(3,629) (237)
(268)
(87)
-
(4,221)
Written off
-
-
(150) (84)
(359)
-
-
(593)
Reclassifications
-
(53)
35
-
18
-
-
-
At end of the
financial year
9,210
4,537 126,190
15,272
31,445
2,279
-
188,933
Accumulated
impairment loss:
At beginning of the
financial year
-
-
78
104
-
-
-
182
Currency translation
differences
-
-
(11)
-
-
(1)
-
(12)
Charge for the
financial year
-
-
-
4
2
12
-
18
Written off
-
-
-
(105)
-
-
-
(105)
Disposals
-
-
-
-
-
-
-
-
At end of the
financial year
-
-
67
3
2
11
-
83
Carrying amount:
At 31 December 2015
16,138
14,662
48,038
4,885
9,141
1,016
3,833 97,713
