Annual Report 2019

185 Transport International Holdings Limited 2019 Annual Report Notes to the Financial Statements 13 Investment properties, investment property under development, interest in leasehold land and other property, plant and equipment (a) Reconciliation of carrying amount Buildings Other properties leased for own use carried at cost Buses and other motor vehicles Buses under construction Tools and others Sub-total Investment property under development Investment properties Interest in leasehold land Total $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Cost: At 1 January 2018 1,519,276 – 11,602,864 134,887 3,063,761 16,320,788 2,224,194 205,293 115,513 18,865,788 Additions 9,950 – 143,452 1,067,816 277,516 1,498,734 78,886 4,974 – 1,582,594 Disposals (1,350) – (935,895) – (277,932) (1,215,177) – – – (1,215,177) Transfers – – 1,135,035 (1,135,035) – – – – – – At 31 December 2018 1,527,876 – 11,945,456 67,668 3,063,345 16,604,345 2,303,080 210,267 115,513 19,233,205 Accumulated depreciation and amortisation: At 1 January 2018 1,084,195 – 5,786,213 – 2,716,881 9,587,289 2,020 95,866 56,159 9,741,334 Charge for the year 36,562 – 661,825 – 206,825 905,212 – 5,696 2,012 912,920 Written back on disposals (1,350) – (933,395) – (277,531) (1,212,276) – – – (1,212,276) At 31 December 2018 1,119,407 – 5,514,643 – 2,646,175 9,280,225 2,020 101,562 58,171 9,441,978 Net book value: At 31 December 2018 408,469 – 6,430,813 67,668 417,170 7,324,120 2,301,060 108,705 57,342 9,791,227 Add: Deposits paid in respect of buses on order 49,277 – – – 49,277 7,373,397 2,301,060 108,705 57,342 9,840,504