Mohsin Annual Report-Final 1-91:Layout 1.qxd - Siemens Pakistan

112Notes to the Financial Statements12. PROPERTY, PLANT AND EQUIPMENT 2007 2006Note (Rupees in ‘000)Tangible assets 12.1 1,504,313 1,399,801Capital work in progress 12.2 28,307 77,4511,532,620 1,477,25212.1 Tangible assets2007 Cost at Identifiable Additions / Disposal Cost at Accumulated Depreciation Depreciation Accumulated Net book DepreciationOctober 1, tangible assets (deletions) as part of September depreciation at for the year / on disposal depreciation at value at rates as a2006 of CTI at discontinued 30, 2007 October 1, (on deletion) as part of September September % of costacquisition operations 2006 discontinued 30, 2007 30, 2007operations------------------------------------------------------------------------(Rupees in ‘000)------------------------------------------------------------------------Leasehold lands 53,149 - . - . - . 53,149 20,695 1,329 - . 22,024 31,125 2.5Freehold land 544,011 - . - . - . 544,011 - . - . - . - . 544,011 - .Buildings on leasehold / freehold lands 336,228 - . 54,540 (55) 390,692 75,736 8,125 (55) 83,785 306,907 2.5 & 10(21) (21)Plant and machinery 575,090 - . 167,767 (64,887) 668,461 320,310 53,549 (23,218) 341,607 326,854 10,20,25(9,509) (9,034) & 100Tools and patterns 132,662 - . 28,174 (17,909) 128,562 108,748 15,602 (9,989) 99,996 28,566 50(14,365) (14,365)Furniture and equipment 382,537 - . 73,708 (93,277) 354,694 268,497 52,351 (66,549) 246,380 108,314 20,25,33.33(8,274) (7,919) & 100Vehicles 342,812 - . 83,820 (53,253) 340,862 172,702 68,377 (27,841) 182,326 158,536 25 & 50(32,517) (30,912)2,366,489 - . 408,009 (229,381) 2,480,431 966,688 199,333 (127,652) 976,118 1,504,313(64,686) (62,251)2006 Cost at Identifiable Additions / Disposal Cost at Accumulated Depreciation Depreciation Accumulated Net book DepreciationOctober 1, tangible assets (deletions) as part of September depreciation at for the year / on disposal depreciation at value at rates as a2005 of CTI at discontinued 30, 2006 October 1, (on deletion) as part of September September % of costacquisition operations 2005 discontinued 30, 2006 30, 2006operations--------------------------------------------------------------------(Rupees in ‘000)--------------------------------------------------------------------Leasehold lands 53,149 - . - . - . 53,149 19,366 1,329 - . 20,695 32,454 2.5Freehold land - . 544,011 - . - . 544,011 - . - . - . - . 544,011 - .Buildings on leasehold / freehold lands 228,377 106,495 1,405 - . 336,228 67,499 8,254 - . 75,736 260,492 2.5 & 10(49) (17)Plant and machinery 427,718 98,533 54,516 - . 575,090 264,930 60,537 - . 320,310 254,780 10,20,25(5,677) (5,157) & 100Tools and patterns 110,839 - . 24,972 - . 132,662 96,986 13,267 - . 108,748 23,914 50(3,149) (1,505)Furniture and equipment 331,303 7,426 62,547 - . 382,537 234,970 51,715 - . 268,497 114,040 20,25,33.33(18,739) (18,188) & 100Vehicles 237,730 12,095 119,047 - . 342,812 135,276 57,970 - . 172,702 170,110 25 & 50(26,060) (20,544)1,389,116 768,560 262,487 - . 2,366,489 819,027 193,072 - . 966,688 1,399,801(53,674) (45,411)12.2 Capital work in progress 2007 2006(Rupees in ‘000)Building under construction 3,879 34,419Plant, machinery and equipment under installation 5,303 28,982Advances to suppliers 19,125 14,05028,307 77,451