114
Baker Technology LimitedAnnual Report 2014
11.
Property, plant and equipment (cont’d)
(a)
TheGroup’s leasehold lands andbuildings are locatedat 6Pioneer Sector 1, Singapore628418and
10 JalanSamulun, Singapore 629124.
(b)
Depreciationchargeof $1,424,979 (2013: $931,638) and$92,208 (2013:Nil) havebeen included in the
Group’s cost of goods sold andwork-in-progress, respectively.
Assets under
construction
Office
equipment
Total
$
$
$
Company
Cost :
At 1 January 2013
–
49,292
49,292
Additions
4,312,994
4,902
4,317,896
Disposal
–
(10,053)
(10,053)
At 31December 2013 and 1 January 2014
4,312,994
44,141
4,357,135
Additions
794,121
10,682
804,803
Transfer to a subsidiary
(5,107,115)
–
(5,107,115)
At 31December 2014
–
54,823
54,823
Accumulateddepreciation :
At 1 January 2013
–
39,682
39,682
Depreciation charge for the year
–
7,957
7,957
Disposal
–
(9,658)
(9,658)
At 31December 2013 and 1 January 2014
–
37,981
37,981
Depreciation charge for the year
–
5,730
5,730
At 31December 2014
–
43,711
43,711
Net carrying amount :
At 31December 2013
4,312,994
6,160
4,319,154
At 31December 2014
–
11,112
11,112
NOTES TO THE
FINANCIAL STATEMENTS
For the financial year ended 31December 2014
