Lenovo 2009 Annual Report Download - page 118

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2008/09 Annual Report Lenovo Group Limited
116
NOTES TO THE FINANCIAL STATEMENTS (Continued)
16 Prepaid lease payments
Group
2009 2008
US$’000 US$’000
At the beginning of the year 6,099 5,807
Exchange adjustment 159 588
Disposals (271) (146)
Amortization (154) (150)
At the end of the year 5,833 6,099
Prepaid lease payments represent the payments for land use rights held by the Group in the Chinese Mainland under medium
leases (less than 50 years but not less than 10 years).
17 Construction-in-progress
Group Company
Buildings under
construction Internal use software Others Total Internal use software
2009 2008 2009 2008 2009 2008 2009 2008 2009 2008
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
At the beginning of the year 871 1,032 49,307 16,868 1,059 2,538 51,237 20,438 13,893 16,500
Exchange adjustment 6 110 18 117 2 299 26 526 20 74
Reclassification (262) 908 43 (908) 219
Additions 1,846 3,029 61,032 50,015 1,110 14,098 63,988 67,142 187
Transfer to property, plant and equipment (565) (2,094) (515) (12,318) (1,080) (14,412)
Transfer to intangible assets (67,109) (17,494) (67,109) (17,494) (6,133) (2,868)
Disposals (944) (121) (3,777) (4,842)
Disposal of discontinued operations (121) (121)
At the end of the year 2,158 871 44,156 49,307 748 1,059 47,062 51,237 7,780 13,893
No interest expenses were capitalized in construction-in-progress as at March 31, 2008 and 2009.