Page 148 - Annual Report 2014

3 Property, Plant and Equipment Overview

Leasehold Leasehold Leasehold Freehold Network Office Total Strategy
land buildings improve- property equipment equipment, $m
ments computers
$m $m $m $m and furniture Motor Construction
$m and fittings vehicles in progress

Group $m $m $m

Cost – 8.3 50.3 1.7 3,005.1 159.4 6.9 120.4 3,352.1
At 1.1.2013 34.3 – – – 13.7 1.3 0.2
Additions 9.9 238.0 287.5
Transfers – 0.8 1.2 – 259.5 (7.3) –
Disposals – – (1.6) – (304.1) (0.4) (271.4) –
At 31.12.2013 34.3 163.3 6.7
9.1 49.9 1.7 2,974.2 – (313.4) Performance

87.0 3,326.2

At 1.1.2014 34.3 9.1 49.9 1.7 2,974.2 163.3 6.7 87.0 3,326.2
Additions – – – – 3.7 0.9 0.1
Transfers – – 1.9 – 252.8 8.7 266.3 271.0
Disposals – – (2.6) – (21.5) –
At 31.12.2014 (12.6) (0.2) (263.4) –
34.3 9.1 49.2 1.7 3,209.2 160.3 6.6
– (36.9) Governance

89.9 3,560.3

Accumulated depreciation

At 1.1.2013 – 1.2 39.2 – 2,388.2 128.1 4.3 – 2,561.0
0.3 7.0 – 197.6 14.2 1.0 – 220.5
Charge for the year 0.4 – (303.5) (7.3) (0.4) – (312.7)
– (1.5) – 2,282.3 4.9 – 2,468.8
Disposals – 1.5 44.7 135.0

At 31.12.2013 0.4 Financials

At 1.1.2014 0.4 1.5 44.7 – 2,282.3 135.0 4.9 – 2,468.8
– 216.6
Charge for the year 0.6 0.2 3.5 – 198.7 12.7 0.9 – (36.2)
– 2,649.2
Disposals – – (2.5) – (21.2) (12.3) (0.2)

At 31.12.2014 1.0 1.7 45.7 – 2,459.8 135.4 5.6

Carrying amount 33.9 7.6 5.2 1.7 691.9 28.3 1.8 87.0 857.4
At 31.12.2013 33.3 7.4 3.5 1.7 749.4 24.9 1.0 89.9 911.1
At 31.12.2014

Group

2014 2013

$m $m

Staff costs capitalised in construction in progress during the year 3.2 3.1

StarHub Ltd | Annual Report 2014 145