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63
Cathay Pacific Airways Limited Annual Report 2006
8. 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 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
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
Accumulated depreciation
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
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
Net book value
At 31st December 2006 17,800 23,829 229 242 15 42,115
At 31st December 2005 13,255 27,989 134 266 36 41,680
Notes to the Accounts Balance Sheet