Cathay Pacific 2009 Annual Report Download - page 66

Download and view the complete annual report

Please find page 66 of the 2009 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 108

  • 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
  • 105
  • 106
  • 107
  • 108

10. Fixed assets
Aircraft and
related equipment Other equipment Buildings
Owned
HK$M
Leased
HK$M
Owned
HK$M
Leased
HK$M
Owned
HK$M
Under
construction
HK$M
Total
HK$M
Group
Cost
At 1st January 2009 62,140 42,087 2,851 478 5,104 620 113,280
Exchange differences (13) – – – – – (13)
Additions 3,706 2,614 107 – 32 217 6,676
Disposals (5,140) – (84) – (3) – (5,227)
Transfers 973 (973) – – – – –
At 31st December 2009 61,666 43,728 2,874 478 5,133 837 114,716
At 1st January 2008 55,843 43,044 2,831 547 5,189 – 107,454
Exchange differences 2 – (3) – (4) – (5)
Additions 6,416 1,890 235 – 41 620 9,202
Disposals (2,968) – (281) – (122) – (3,371)
Transfers 2,847 (2,847) 69 (69) – – –
At 31st December 2008 62,140 42,087 2,851 478 5,104 620 113,280
Accumulated depreciation
At 1st January 2009 29,395 13,567 1,856 309 2,114 – 47,241
Charge for the year 3,360 1,911 193 21 167 – 5,652
Impairment 219 – – – – – 219
Disposals (3,806) – (82) – (3) – (3,891)
Transfers 1,091 (1,091) – – – – –
At 31st December 2009 30,259 14,387 1,967 330 2,278 – 49,221
At 1st January 2008 27,102 13,771 1,838 329 2,026 – 45,066
Exchange differences – – (3) – (2) – (5)
Charge for the year 2,857 1,918 205 21 168 – 5,169
Disposals (2,686) – (225) – (78) – (2,989)
Transfers 2,122 (2,122) 41 (41) – – –
At 31st December 2008 29,395 13,567 1,856 309 2,114 – 47,241
Net book value
At 31st December 2009 31,407 29,341 907 148 2,855 837 65,495
At 31st December 2008 32,745 28,520 995 169 2,990 620 66,039
Notes to the Accounts STATEMENT OF FINANCIAL POSITION
64