Westjet 2005 Annual Report Download - page 48

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46
YOUR OWNERS’ MANUAL
2. Property and equipment:
Accumulated Net book
2005 Cost depreciation value
Aircraft – Next-Generation $ 1,619,850 $ 102,914 $ 1,516,936
Ground property and equipment 135,217 52,664 82,553
Spare engines and parts – Next-Generation 67,960 8,029 59,931
Buildings 39,636 3,825 35,811
Leasehold improvements 6,302 3,992 2,310
Other assets under capital lease 2,289 198 2,091
Spare engines and parts – 200-series 12,547 11,128 1,419
Aircraft – 200-series 3,892 2,861 1,031
Aircraft under capital lease 19,475 19,475 –
1,907,168 205,086 1,702,082
Deposits on aircraft 73,493 – 73,493
Assets under development 27,922 – 27,922
$ 2,008,583 $ 205,086 $ 1,803,497
Accumulated Net book
2004 Cost depreciation value
Aircraft – Next-Generation $ 1,282,308 $ 46,180 $ 1,236,128
Ground property and equipment 109,334 34,586 74,748
Spare engines and parts – Next-Generation 52,641 4,777 47,864
Buildings 39,636 2,840 36,796
Leasehold improvements 5,655 3,104 2,551
Spare engines and parts – 200-series 24,397 16,523 7,874
Aircraft – 200-series 142,657 121,182 21,475
Aircraft under capital lease 31,304 26,781 4,523
1,687,932 255,973 1,431,959
Deposits on aircraft 156,943 – 156,943
Assets under development 12,644 – 12,644
$ 1,857,519 $ 255,973 $ 1,601,546
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
WestJet Airlines Ltd.
Years ended December 31, 2005 and 2004
(Tabular Amounts are Stated in Thousands of Dollars, Except Share and Per Share Data)