Cathay Pacific 2007 Annual Report Download - page 61

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Notes to the Accounts
Balance Sheet
9. Fixed assets
Aircraft and
related equipment Other equipment Buildings
Owned
HK$M
Leased
HK$M
Owned
HK$M
Leased
HK$M
Owned
HK$M
Total
HK$M
Group
Cost
At 1st January 2007 48,262 41,722 2,687 547 5,202 98,420
Exchange differences 4 – 10 – 16 30
Additions 7,835 1,666 252 – 2 9,755
Disposals (602) – (118) – (31) (751)
Transfers 344 (344) – – – –
At 31st December 2007 55,843 43,044 2,831 547 5,189 107,454
At 1st January 2006 35,270 41,110 2,329 547 4,522 83,778
Exchange differences (1) – – – – (1)
Additions 4,087 988 194 – 3 5,272
Purchase of a subsidiary 5,900 2,934 320 – 677 9,831
Disposals (304) – (156) – – (460)
Transfers 3,310 (3,310) – – – –
At 31st December 2006 48,262 41,722 2,687 547 5,202 98,420
Accumulated depreciation
At 1st January 2007 23,408 13,501 1,736 305 1,868 40,818
Exchange differences – – 8 – 9 17
Charge for the year 2,641 1,787 207 24 172 4,831
Disposals (464) – (113) – (23) (600)
Transfers 1,517 (1,517) – – – –
At 31st December 2007 27,102 13,771 1,838 329 2,026 45,066
At 1st January 2006 17,825 12,486 1,607 281 1,423 33,622
Charge for the year 2,162 1,742 157 24 170 4,255
Purchase of a subsidiary (restated) 1,885 1,000 126 – 275 3,286
Disposals (191) – (154) – – (345)
Transfers 1,727 (1,727) – – – –
At 31st December 2006 (restated) 23,408 13,501 1,736 305 1,868 40,818
Net book value
At 31st December 2007 28,741 29,273 993 218 3,163 62,388
At 31st December 2006 (restated) 24,854 28,221 951 242 3,334 57,602
Cathay Pacific Airways Limited Annual Report 2007 59