View - Singapore Technologies Engineering

8. FIXED ASSETS (cont’d)ACCUMULATED DEPRECIATIONDEPRECIATION ADDITIONS DUEAS AT CHARGE FOR TO ACQUISITION TRANSLATION AS AT1.1.2000 THE YEAR OF SUBSIDIARIES DISPOSALS TRANSFERS DIFFERENCE 31.12.2000$’000 $’000 $’000 $’000 $’000 $’000 $’000THE GROUPAT 1972 VALUATIONLeasehold land andbuildings 3,365 – – – – – 3,365Wharves and slipways 1,490 – – – – – 1,490Syncrolift andfloating docks 4,603 – – – – – 4,603Plant and machinery 1,694 – – – – – 1,694Furniture, fittings, officeequipment andcomputers 653 – – – – – 653AT COSTFreehold land andbuilding 575 46 217 – (299) 12 551Leasehold land andbuildings 85,350 20,440 52,989 (174) 182 215 159,002Buildings on rentedproperties 14,436 995 – – – – 15,431Improvements topremises 3,510 232 – (242) 117 72 3,689Wharves and slipways 9,355 1,025 – – – – 10,380Syncrolift andfloating docks 24,680 6,358 – – – – 31,038Boats and barges 2,841 398 – – – – 3,239Plant and machinery 180,317 21,718 54,077 (7,078) 1,062 929 251,025Production toolsand equipment 59,857 5,951 72 (1,064) (966) 87 63,937Furniture, fittings,office equipmentand computers 77,202 16,580 30,009 (9,195) – 211 114,807Transportationequipment andvehicles 9,154 2,021 2,238 (922) – 17 12,508Aircraft enginesand helicopters 5,414 2,823 – (1,391) (96) – 6,750484,496 78,587 139,602 (20,066) – 1,543 684,162DEPRECIATIONCHARGENET BOOK VALUE1999 2000 1999$’000 $’000 $’000THE GROUPAT 1972 VALUATIONLeasehold land and buildings – – –Wharves and slipways – – –Syncrolift and floating docks – – –Plant and machinery – – –Furniture, fittings, office equipment and computers – – –AT COSTFreehold land and building 37 596 4,772Leasehold land and buildings 8,967 207,373 159,158Buildings on rented properties 995 19,026 20,021Improvements to premises 94 1,624 659Wharves and slipways 1,025 9,251 10,276Syncrolift and floating docks 6,366 30,586 36,944Boats and barges 397 – 398Plant and machinery 20,643 38,825 38,783Production tools and equipment 5,181 11,320 11,228Furniture, fittings, office equipment and computers 10,305 20,885 16,695Transportation equipment and vehicles 1,830 3,298 4,163Aircraft engines and helicopters 2,696 – 5,815Construction in progress – 6,149 6,70258,536 348,933 315,614The depreciation charge for the year amounting toapproximately $2,444,000 is capitalised in work-inprogress(1999: an additional charge of approximately$251,000 reversed from work-in-progress).AT COSTAS AT 1.1.2000 ADDITIONS DISPOSALS AS AT 31.12.2000$’000 $’000 $’000 $’000THE COMPANYFurniture, fittings, office equipment and computers 369 73 – 442ACCUMULATED DEPRECIATIONDEPRECIATIONCHARGEAS AT 1.1.2000 FOR THE YEAR DISPOSALS AS AT 31.12.2000$’000 $’000 $’000 $’000THE COMPANYFurniture, fittings, office equipment and computers 326 72 – 398132 • visionnotes to the financial statements • 133