Cathay Pacific 2008 Annual Report Download - page 65

Download and view the complete annual report

Please find page 65 of the 2008 Cathay Pacific annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 104

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104

Notes to the Accounts STATEMENT OF FINANCIAL POSITION
11. 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 2008 42,416 38,112 925 547 385 82,385
Additions 2,897 4,212 98 – 23 7,230
Disposals (1,961) – (74) – – (2,035)
Transfers 2,613 (2,613) 69 (69) – –
At 31st December 2008 45,965 39,711 1,018 478 408 87,580
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
Accumulated depreciation
At 1st January 2008 22,738 12,703 607 329 371 36,748
Charge for the year 2,304 1,795 92 20 1 4,212
Disposals (1,691) – (63) – – (1,754)
Transfers 1,649 (1,649) 41 (41) – –
At 31st December 2008 25,000 12,849 677 308 372 39,206
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
Net book value
At 31st December 2008 20,965 26,862 341 170 36 48,374
At 31st December 2007 19,678 25,409 318 218 14 45,637
Cathay Pacific Airways Limited Annual Report 2008 63