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Notes to the Consolidated Financial Statements

31st March 2015

14 PROPERTY, PLANT AND EQUIPMENT (continued)

(a) Details of movements in property, plant and equipment of the Group are as follows: (continued)

Group
Furniture,
Land and Leasehold fixtures and Plant and Motor
buildings Moulds improvements equipment machinery vehicles Total
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
Year ended 31st March 2015
Opening net book amount 30,185 24,326 92,139 32,841 29,193 3,701 212,385
Additions – 14,269 12,105 6,763 198 1,090 34,425
Disposals – – – (3,161) (2,533) (565) (6,259)
Depreciation (423) (14,384) (7,032) (6,566) (4,156) (808) (33,369)
Write-off/impairment – – – – (4,964) – (4,964)
Exchange differences (33) – (1,235) (52) (52) – (1,372)

Closing net book amount 29,729 24,211 95,977 29,825 17,686 3,418 200,846
At 31st March 2015
Cost 36,959 262,326 108,423 168,936 167,367 10,582 754,593
Accumulated depreciation
and impairment (7,230) (238,115) (12,446) (139,111) (149,681) (7,164) (553,747)
Net book amount 29,729 24,211 95,977 29,825 17,686 3,418 200,846

(b) Depreciation expenses have been included in:

Group
2015 2014
HK$’000 HK$’000

Continuing operation

Cost of goods sold 30,152 29,559
Administrative expenses 3,217 3,401

33,369 32,960

ALCO HOLDINGS LIMITED ANNUAL REPORT 2015 71