NOTES TO THE FINANCIAL STATEMENTS
For the Financial Year Ended 31 December 2014
14 PROPERTY, PLANT AND EQUIPMENT (CONT’D)
Plant,
Equipment,
Freehold Leasehold
Vehicles
and
Capital
Work-In-
Mine
Land Land Buildings Furniture Progress Restoration Total
$’000 $’000 $’000
$’000 $’000
$’000 $’000
At valuation
GROUP
At cost or valuation
At 1 January 2013
56,673 156,969 208,960 259,222
9,572
1,590 692,986
Additions (c)
–
24
– 4,654 31,693
2,061 38,432
Disposals
–
–
– (6,025)
(84)
– (6,109)
Transfer
–
–
355
4,759 (5,114)
–
–
Revaluation surplus, net
422
–
282
–
–
– 704
Attributable to disposal group
classified as held for sale
(note 24)
(44,784) (156,500) (191,861)
(219,895)
(34,063)
– (647,103)
Elimination of accumulated
depreciation on revaluation
–
(29)
(312)
–
–
– (341)
Exchange adjustment
(3,846)
4 (9,591)
(3,951)
(1,594)
(56)
(19,034)
At 31 December 2013
8,465
468
7,833 38,764
410
3,595 59,535
Accumulated depreciation and
impairment
At 1 January 2013
–
–
– 212,325
396
606 213,327
Depreciation charge for the year
– Continuing operations
–
23
298
2,242
–
54 2,617
– Discontinued operations (note 24)
–
978 4,442
5,488
–
– 10,908
Disposals
–
–
– (5,310)
–
– (5,310)
Transfer
–
–
–
396
(396)
–
–
Attributable to disposal group
classified as held for sale
(note 24)
– (978)
(4,264)
(188,027)
–
– (193,269)
Elimination of accumulated
depreciation on revaluation
–
(29)
(312)
–
–
– (341)
Exchange adjustment
–
6
(164)
(2,619)
–
(23)
(2,800)
At 31 December 2013
–
–
– 24,495
–
637 25,132
Net Carrying Amount
At 31 December 2013
8,465
468
7,833 14,269
410
2,958 34,403
92
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014
