BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
108
Notes to the
Financial Statements
for the financial year ended 31December 2013
11. Property, plantand equipment
Group
Leasehold
landand
buildings
Leasehold
improvements
Assets
under
construction
Furniture
and
fittings
Office
equipment
Motor
vehicles
Plant and
equipment
Total
$
$
$
$
$
$
$
$
Cost:
At 1 January 2012
7,165,966 2,966,341 173,580 26,492 316,347 116,032 4,678,191 15,442,949
Additions
– 12,940 299,016
5,240 20,841
– 56,280 394,317
Disposal
–
–
–
–
(950)
–
–
(950)
Reclassification
–
31,550 (418,330)
–
–
– 386,780
–
At 31December 2012
and1 January 2013
7,165,966 3,010,831 54,266 31,732 336,238 116,032 5,121,251 15,836,316
Additions
– 126,808 4,312,994
– 49,933
– 36,548 4,526,283
Disposal / write off
–
– (54,266)
– (10,053)
– (12,760)
(77,079)
Reclassification
–
–
–
748
(748)
–
–
–
At 31December 2013 7,165,966 3,137,639 4,312,994 32,480 375,370 116,032 5,145,039 20,285,520
Accumulated
depreciation:
At 1 January 2012
5,940,131 1,423,756
– 20,919 264,551 38,203 3,913,603 11,601,163
Depreciation charge
for the year
355,429 494,727
–
2,665 27,941 23,206 509,885 1,413,853
Disposal
–
–
–
–
(624)
–
–
(624)
At 31December 2012
and 1 January 2013 6,295,560 1,918,483
– 23,584 291,868 61,409 4,423,488 13,014,392
Depreciation charge
for the year
355,428 523,177
–
2,987 29,120 16,556 309,562 1,236,830
Disposal / write off
–
–
–
–
(9,658)
– (12,760)
(22,418)
At 31December 2013 6,650,988 2,441,660
– 26,571 311,330 77,965 4,720,290 14,228,804
Net carrying amount:
At 31December 2012
870,406 1,092,348 54,266
8,148 44,370 54,623 697,763 2,821,924
At 31December 2013
514,978 695,979 4,312,994
5,909 64,040 38,067 424,749 6,056,716
