Notestothefinancialstatements
For the financial year ended31December 2015
10.
Property, plant andequipment (cont’d)
(a)
The Group’s leasehold lands and buildings are located at 6 Pioneer Sector 1, Singapore 628418, 10 Jalan Samulun, Singapore 629124 and 12A Jalan
Samulun, Singapore629131.
(b)
Depreciationchargeof$1,811,000 (2014:$2,211,000)and$972,000 (2014:$92,000)havebeen included in theGroup’sStatementofComprehensive Income
andwork-in-progress, respectively.
Company
Assets
under
construction
Office
equipment
Total
$’000
$’000
$’000
Cost:
At 1January 2014
4,313
44
4,357
Additions
794
11
805
Transfer toa subsidiary
(5,107)
–
(5,107)
At 31December 2014, 1January 2015and31December 2015
–
55
55
Accumulateddepreciation:
At 1January 2014
–
38
38
Depreciation charge for the year
–
6
6
At 31December 2014and1January 2015
–
44
44
Depreciation charge for the year
–
5
5
At 31December 2015
–
49
49
Net carryingamount:
At 31December 2014
–
11
11
At 31December 2015
–
6
6
11.
Intangibleassets
Group
Goodwill
Vessel
design
Total
$’000
$’000
$’000
Cost:
At 1January 2014
7,551
–
7,551
Additionduring the year
–
2,213
2,213
At 31December 2014and1January 2015
7,551
2,213
9,764
Additionduring the year
–
227
227
At 31December 2015
7,551
2,440
9,991
Accumulatedamortisation:
At 1January 2014, 31December 2014and1January 2015
–
–
–
Charge for the year
–
244
244
At 31December 2015
–
244
244
Net carryingamount:
31December 2014
7,551
2,213
9,764
31December 2015
7,551
2,196
9,747
106
107
BAKERTECHNOLOGYlimited
ANNUAL REPORT 2015
