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59
Cathay Pacific Airways Limited Annual Report 2005
8. Fixed assets (continued)
Aircraft and Other
related equipment equipment Buildings
Owned Leased Owned Leased Owned Total
HK$M HK$M HK$M HK$M HK$M HK$M
Company
Cost
At 1st January 2005 22,240 44,238 787 547 399 68,211
Additions 3,674 – 65 – – 3,739
Disposals (240) – (79) – (2) (321)
Transfers 2,913 (2,913) – – – –
At 31st December 2005 28,587 41,325 773 547 397 71,629
At 1st January 2004 19,054 46,007 850 547 408 66,866
Additions 1,641 – 45 – – 1,686
Disposals (224) – (108) – (9) (341)
Transfers 1,769 (1,769) – – – –
At 31st December 2004 22,240 44,238 787 547 399 68,211
Accumulated depreciation
At 1st January 2005 11,495 13,748 668 258 341 26,510
Charge for the year 1,650 1,874 50 23 22 3,619
Disposals (99) – (79) – (2) (180)
Transfers 2,286 (2,286) – – – –
At 31st December 2005 15,332 13,336 639 281 361 29,949
At 1st January 2004 9,232 12,774 718 234 320 23,278
Charge for the year 1,468 1,918 57 24 23 3,490
Disposals (149) – (107) – (2) (258)
Transfers 944 (944) – – – –
At 31st December 2004 11,495 13,748 668 258 341 26,510
Net book value
At 31st December 2005 13,255 27,989 134 266 36 41,680
At 31st December 2004 10,745 30,490 119 289 58 41,701
Notes to the Accounts Balance Sheet