Cathay Pacific 2007 Annual Report Download - page 62

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Notes to the Accounts
Balance Sheet
9. Fixed assets (continued)
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
Company
Cost
At 1st January 2007 37,688 36,059 818 547 397 75,509
Additions 5,005 2,412 163 – – 7,580
Disposals (636) – (56) – (12) (704)
Transfers 359 (359) – – – –
At 31st December 2007 42,416 38,112 925 547 385 82,385
At 1st January 2006 28,587 41,325 773 547 397 71,629
Additions 3,385 751 153 – – 4,289
Disposals (301) – (108) – – (409)
Transfers 6,017 (6,017) – – – –
At 31st December 2006 37,688 36,059 818 547 397 75,509
Accumulated depreciation
At 1st January 2007 19,888 12,230 589 305 382 33,394
Charge for the year 2,218 1,594 74 24 1 3,911
Disposals (489) – (56) – (12) (557)
Transfers 1,121 (1,121) – – – –
At 31st December 2007 22,738 12,703 607 329 371 36,748
At 1st January 2006 15,332 13,336 639 281 361 29,949
Charge for the year 1,948 1,689 57 24 21 3,739
Disposals (187) – (107) – – (294)
Transfers 2,795 (2,795) – – – –
At 31st December 2006 19,888 12,230 589 305 382 33,394
Net book value
At 31st December 2007 19,678 25,409 318 218 14 45,637
At 31st December 2006 17,800 23,829 229 242 15 42,115
Cathay Pacific Airways Limited Annual Report 2007
60