KIM HENG OFFSHORE & MARINE HOLDINGS LIMITED
72
Notes to the financial statements
4 Property, plant and equipment
Leasehold
land and
building
Renovation
and
improvements
Machinery
and
equipment
Vessels
Furniture,
fittings, office
equipment and
computers
Assets
under
construction
Total
Group
$’000
$’000
$’000
$’000
$’000
$’000
$’000
Cost
At 1 January 2014
5,690
500
49,623
33,284
1,500
–
90,597
Additions
1,433
–
908
10,670
190
216
13,417
Disposals
–
–
(908)
(4,509)
(45)
–
(5,462)
Translation differences
–
23
1
–
21
–
45
At 31 December 2014
7,123
523
49,624
39,445
1,666
216
98,597
Additions
–
–
9,575
9,289
83
10,242
29,189
Disposals
–
–
(2,599)
(4,148)
–
–
(6,747)
Translation differences
–
33
1
–
29
–
63
At 31 December 2015
7,123
556
56,601
44,586
1,778
10,458
121,102
Accumulated depreciation
At 1 January 2014
3,224
459
20,898
6,969
1,268
–
32,818
Depreciation for the year
111
41
2,117
1,676
86
–
4,031
Disposals
–
–
(758)
(699)
(45)
–
(1,502)
Translation differences
–
23
1
–
20
–
44
At 31 December 2014
3,335
523
22,258
7,946
1,329
–
35,391
Depreciation for the year
78
–
2,340
1,945
94
–
4,457
Disposals
–
–
(1,379)
(1,434)
–
–
(2,813)
Translation differences
–
33
1
–
29
–
63
At 31 December 2015
3,413
556
23,220
8,457
1,452
–
37,098
Carrying amounts
At 1 January 2014
2,466
41
28,725
26,315
232
–
57,779
At 31 December 2014
3,788
–
27,366
31,499
337
216
63,206
At 31 December 2015
3,710
–
33,381
36,129
326
10,458
84,004
