inter roller fa final

Notes to the Financial Statements11 Property, plant and equipmentLeasehold Freehold Motor Plant and ComputerThe Group properties land vehicles machinery systems Others Total$ $ $ $ $ $ $CostAt 1.1.04- Cost 67,509 304,425 1,251,656 3,978,556 1,781,013 1,495,607 8,878,766- Valuation 17,066,569 - - - - - 17,066,569Additions 2,680,280 77,873 75,390 965,952 399,722 267,902 4,467,119Disposals - - (43,000) (21,733) (1,499) (102,208) (168,440)Deficit/surplus onrevaluation (2,902,384) 462,555 - - - - (2,439,829)Exchange differenceon translation (156,335) (11,512) (2,810) (38,208) (880) (6,350) (216,095)At 31.12.04 16,755,639 833,341 1,281,236 4,884,567 2,178,356 1,654,951 27,588,090Representing- Cost 9,999,110 - 1,281,236 4,884,567 2,178,356 1,654,951 9,999,110- Valuation 16,755,639 833,341 - - - - 17,588,98016,755,639 833,341 1,281,236 4,884,567 2,178,356 1,654,951 27,588,090Accumulated depreciationAt 1.1.04 1,228,904 - 506,213 2,940,025 1,489,698 1,282,057 7,446,897Depreciation forthe year 308,961 - 172,327 340,031 216,427 74,326 1,112,072Disposals - - (31,226) (16,086) (1,289) (102,208) (150,809)Deficit/surplus onrevaluation (1,529,275) - - - - - (1,529,275)Exchange differenceon translation (8,590) - (2,443) (23,806) (838) (5,001) (40,678)At 31.12.04 - - 644,871 3,240,164 1,703,998 1,249,174 6,838,207Depreciation for2003 308,669 - 156,470 314,849 157,135 64,456 1,001,579Net book valueAt 31.12.04 16,755,639 833,341 636,365 1,644,403 474,358 405,777 20,749,883At 31.12.03 15,905,174 304,425 745,443 1,038,531 291,315 213,550 18,498,43856 inter-roller engineering limited annual report2004