Download - Siemens Pakistan
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Notes to the Financial Statements<br />
139<br />
12.2 Capital work in progress 2008 2007<br />
(Rupees in ‘000)<br />
Building under construction 14,840 3,879<br />
Plant, machinery and equipment under installation 60,533 5,303<br />
Advances to suppliers 10,757 19,125<br />
86,130 28,307<br />
12.3 Property, plant and equipment includes items having aggregate cost of Rs 562.382 million (2007: Rs 513.147 million) in respect of fully<br />
depreciated items which are still in use of the Company.<br />
13. INTANGIBLE ASSETS Note 2008 2007<br />
(Rupees in ‘000)<br />
Software 13.1 6,051 6,755<br />
Goodwill 13.2 - . - .<br />
6,051 6,755<br />
Cost at Additions / Disposal Cost at Accumulated Amortisation Amortisation Accumulated Net book Amortisation<br />
October 1, (deletions) as part of September 30, amortisation for the year / on disposal amortisation at value at rate as a<br />
2007 discontinued 2008 at October 1, (deletions) as part of September 30, September 30, % of cost<br />
operations 2007 discontinued 2008 2008<br />
operations<br />
----------------------------------------------------------------(Rupees in ‘000)----------------------------------------------------------------<br />
13.1 Software 79,079 4,794 - . 83,873 72,324 5,498 - . 77,822 6,051 33.33<br />
2008 79,079 4,794 - . 83,873 72,324 5,498 - . 77,822 6,051<br />
- . - .<br />
2007 81,230 3,355 (5,274) 79,079 48,858 25,779 (2,293) 72,324 6,755 33.33<br />
(232) (20)<br />
13.2 Goodwill 2008 2007<br />
(Rupees in ‘000)<br />
Opening balance - . 107,379<br />
Additions during the year - . 266,961<br />
Allocated to COM Carrier activities (discontinued operation - note 27) - . (374,340)<br />
Goodwill carried in the balance sheet - . - .<br />
13.3 Depreciation and amortisation have been allocated as follows:<br />
Depreciation Amortisation 2008 2007<br />
Total Total<br />
Note ------------------------------(Rupees in ‘000)------------------------------<br />
Cost of sales 21.1 129,140 3,454 132,594 137,427<br />
Marketing and selling expenses 22 54,771 1,460 56,231 65,234<br />
General administration expenses 23 21,822 584 22,406 22,451<br />
205,733 5,498 211,231 225,112<br />
13.4 Intangible assets include an amount of Rs 76.320 million (2007: Rs 2.961 million) in respect of fully amortised software.
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