Download File - TCL Group
Download File - TCL Group
Download File - TCL Group
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<br />
FOR THE YEAR ENDED 31ST DECEMBER, 2010<br />
(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)<br />
(Continued)<br />
7. Property, plant and equipment<br />
At 31st December, 2010<br />
Plant<br />
machinery<br />
and<br />
Land equipment Office<br />
and and furniture and Capital<br />
buildings motor vehicles equipment WIP Total<br />
$ $ $ $ $<br />
Cost 23,761 119,639 7,716 2,300 153,416<br />
Accumulated depreciation (11,141) (96,120) (6,296) – (113,557)<br />
Net book amount 12,620 23,519 1,420 2,300 39,859<br />
1 January 2010 11,853 29,927 1,706 2,933 46,419<br />
Additions 97 2,680 319 2,422 5,518<br />
Transfer from WIP 2,716 339 – (3,055) –<br />
Discontinued operations (Note 25) (485) (2,065) (72) – (2,622)<br />
Disposals and adjustments – (245) – – (245)<br />
Depreciation charge (1,561) (7,117) (533) – (9,211)<br />
31 December 2010 12,620 23,519 1,420 2,300 39,859<br />
At 31 December 2009<br />
Cost 24,950 126,981 7,908 2,933 162,772<br />
Accumulated depreciation (13,097) (97,054) (6,202) – (116,353)<br />
Net book amount 11,853 29,927 1,706 2,933 46,419<br />
1 January 2009 11,880 32,436 1,455 2,849 48,620<br />
Additions 1,529 2,927 1,127 1,978 7,561<br />
Transfer from WIP 10 1,884 – (1,894) –<br />
Disposals and adjustments – 36 – – 36<br />
Depreciation charge (1,566) (7,356) (876) – (9,798)<br />
31 December 2009 11,853 29,927 1,706 2,933 46,419<br />
The carrying value of plant and equipment held under finance lease at 31 December 2010 amounted to $4.0 million<br />
(2009: $5.4 million). These leased assets are pledged as security for the related finance lease obligation.<br />
27<br />
BUILD TO LAST FOR GENERATIONS
Change language