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11. PROPERTY, PLANT AND EQUIPMENT
(continued)
Movement of property, plant and equipment, related accumulated depreciation and provision for impairment for the year ended 31 December 2013 is as follows:
(*) As of 31 December 2013, USD 110,264 of transfer made from intangible assets to machinery and equipment and furniture and fixtures. USD 53,963 of transfer made from tangible
assets to rights. USD 73,157,274 of transfer is made from construction in progress to assets classified as held for sale.
31 December
Additions
Disposals Transfers (*) Currency
Revaluation 31 December
2012
translation reserve
increase
2013
Cost
Land and buildings
655,189,886
24,281,240
(6,179,055)
(46,741,758)
7,215,253
23,958,547
657,724,113
Machinery and equipment
637,923,353
90,962,056
(51,891,102)
(12,951,488)
4,012,900
-
668,055,719
Motor vehicles
194,010,564
72,799,687
(65,350,470)
6,887
3,399,417
-
204,866,085
Furniture and fixtures
121,195,991
8,003,486
(1,142,945)
610,341
1,756,558
-
130,423,431
Leasehold improvements
116,857,293
2,395,716
(758,146)
8,247,843
740,938
-
127,483,644
Other tangible assets
832,821
493,844
-
-
5,002
-
1,331,667
Construction in progress
90,207,130
128,576,101
(9,976,640)
(32,997,161)
2,431,477
2,626,593
180,867,500
1,816,217,038
327,512,130
(135,298,358)
(83,825,336)
19,561,545
26,585,140
1,970,752,159
Less: Accumulated Depreciation
Buildings
(52,636,370)
(12,774,703)
826,550
2,577,268
(758,125)
-
(62,765,380)
Machinery and equipment
(190,720,969)
(49,147,503)
9,526,419
8,003,885
(1,927,425)
-
(224,265,593)
Motor vehicles
(78,565,133)
(14,182,804)
15,830,660
131,239
(1,078,197)
-
(77,864,235)
Furniture and fixtures
(81,429,893)
(8,269,605)
717,292
(22,933)
(1,660,776)
-
(90,665,915)
Leasehold improvements
(27,500,525)
(6,284,420)
450,725
34,905
(428,663)
-
(33,727,978)
Other tangible assets
(255,032)
(2,308)
-
-
(4,676)
-
(262,016)
(431,107,922)
(90,661,343)
27,351,646
10,724,364
(5,857,862)
-
(489,551,117)
Net book value
1,385,109,116
236,850,787
(107,946,712)
(73,100,972)
13,703,683
26,585,140
1,481,201,042
BORUSAN HOLDING A.Ş. AND ITS SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2014
(Currency - US Dollars (“USD”) unless otherwise indicated)