Cathay Pacific 2015 Annual Report Download - page 65

Download and view the complete annual report

Please find page 65 of the 2015 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 116

  • 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
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116

Annual Report 2015
63
8. Property, plant and equipment
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 2015 88,290 51,897 4,082 478 11,747 460 156,954
Exchangedifferences (1) – – – – – (1)
Additions 10,489 – 527 – 407 996 12,419
Disposals (5,126) – (250) – – – (5,376)
Disposal of a subsidiary – – (36) – – – (36)
Reclassification to assets held for sale (6,374) – (198) – (31) – (6,603)
Transfers 5,899 (5,899) – – – – –
At 31st December 2015 93,177 45,998 4,125 478 12,123 1,456 157,357
At 1st January 2014 80,124 58,056 3,852 478 11,431 298 154,239
Exchangedifferences (1) – 3 – – – 2
Additions 13,148 – 351 – 318 162 13,979
Disposals (7,252) – (124) – (2) – (7,378)
Reclassification to assets held for sale (3,888) – – – – – (3,888)
Transfers 6,159 (6,159) – – – – –
At 31st December 2014 88,290 51,897 4,082 478 11,747 460 156,954
Accumulated depreciation
 andimpairment
At 1st January 2015 38,417 13,505 2,638 412 3,511 – 58,483
Charge for the year 5,339 2,226 312 8 502 – 8,387
Disposals (4,710) – (237) – – – (4,947)
Disposal of a subsidiary – – (31) – – – (31)
Reclassification to assets held for sale (4,901) – (159) – (27) – (5,087)
Transfers 3,979 (3,979) – – – – –
At 31st December 2015 38,124 11,752 2,523 420 3,986 – 56,805
At 1st January 2014 38,494 14,897 2,475 399 3,039 – 59,304
Exchangedifferences – – 2 – – – 2
Charge for the year 4,816 2,429 284 13 474 – 8,016
Disposals (5,614) – (123) – (2) – (5,739)
Impairment 428 171 – – – – 599
Reclassification to assets held for sale (3,699) – – – – – (3,699)
Transfers 3,992 (3,992) – – – – –
At 31st December 2014 38,417 13,505 2,638 412 3,511 – 58,483
Net book value
At 31st December 2015 55,053 34,246 1,602 58 8,137 1,456 100,552
At 31st December 2014 49,873 38,392 1,444 66 8,236 460 98,471
Notes to the Financial Statements Statement of Financial Position