Annual Report 2010 - Leeden Limited

A Stronger Leeden in Asia.Notes to the Financial Statementsfor the Financial Year ended 31 December 201010. Property, plant and equipmentFreeholdlandFreeholdpropertyLeaseholdpropertiesPlant andmachineryOfficeequipment,furniture andfittingsMotorvehiclesConstructionin progressTotalGroup $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000Cost or valuationBalance at1 January 2009 -Valuation: – – 4,500 – – – – 4,500Cost 1,910 2,273 17,669 40,888 19,455 3,984 – 86,1791,910 2,273 22,169 40,888 19,455 3,984 – 90,679Additions 2,033 27 2,474 3,431 2,013 599 204 10,781Disposals – – – (416) (509) (146) – (1,071)Write-off – – – (1) (8) – – (9)Acquisition ofsubsidiary company – – – 11 26 57 – 94Exchange differences 22 (74) 64 1,296 (1,107) (146) – 55Balance at31 December 2009and 1 January 2010 3,965 2,226 24,707 45,209 19,870 4,348 204 100,529Additions – 16 8,326 3,327 1,288 529 1,874 15,360Disposals – – – (488) (424) (362) – (1,274)Write-off – – – (6) (9) – – (15)Exchange differences 91 51 (106) 464 149 20 (10) 659Balance at31 December 2010 4,056 2,293 32,927 48,506 20,874 4,535 2,068 115,259AccumulateddepreciationBalance at1 January 2009 – 227 7,870 17,661 8,601 1,619 – 35,978Charge for the year – 73 775 3,166 1,539 607 – 6,160Disposals – – – (229) (493) (104) – (826)Acquisition ofsubsidiary company – – – 5 10 16 – 31Write-off – – – (1) (8) – – (9)Exchange differences – (3) 251 706 (897) (79) – (22)Balance at 31December 2009 and 1January 2010 – 297 8,896 21,308 8,752 2,059 – 41,312Charge for the year – 77 821 3,538 1,638 588 – 6,662Disposals – – – (329) (408) (232) – (969)Write-off – – – (1) (9) – – (10)Exchange differences – 6 91 319 (187) (16) – 213Balance at31 December 2010 – 380 9,808 24,835 9,786 2,399 – 47,208Net carrying amount:At 31 December2010 4,056 1,913 23,119 23,671 11,088 2,136 2,068 68,051At 31 December2009 3,965 1,929 15,811 23,901 11,118 2,289 204 59,21770