| 16. | PROPERTY, PLANT AND EQUIPMENT |
| Buildings | Plant and machinery |
Furniture, fixtures and equipment |
Motor vehicles |
Construction in progress |
Total | |||||||||||||||||||
| RMB’000 | RMB’000 | RMB’000 | RMB’000 | RMB’000 | RMB’000 | |||||||||||||||||||
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COST |
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As of January 1, 2016 |
952,775 | 1,236,016 | 6,733 | 18,192 | 95,328 | 2,309,044 | ||||||||||||||||||
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Additions |
485 | 22,578 | 5 | 85 | 4,704 | 27,857 | ||||||||||||||||||
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Transfer |
— | 24,522 | — | — | (24,522 | ) | — | |||||||||||||||||
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Disposals |
— | (3,318 | ) | — | — | — | (3,318 | ) | ||||||||||||||||
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As of December 31, 2016 |
953,260 | 1,279,798 | 6,738 | 18,277 | 75,510 | 2,333,583 | ||||||||||||||||||
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Additions |
— | 169 | — | 78 | 41,467 | 41,714 | ||||||||||||||||||
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Transfer |
— | 82,007 | — | — | (82,007 | ) | — | |||||||||||||||||
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Disposals |
— | — | — | (5,158 | ) | — | (5,158 | ) | ||||||||||||||||
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As of December 31, 2017 |
953,260 | 1,361,974 | 6,738 | 13,197 | 34,970 | 2,370,139 | ||||||||||||||||||
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ACCUMULATED DEPRECIATION AND IMPAIRMENT |
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As of January 1, 2016 |
244,115 | 539,116 | 5,287 | 14,208 | — | 802,726 | ||||||||||||||||||
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Provided for the year |
48,366 | 104,546 | 516 | 1,355 | — | 154,783 | ||||||||||||||||||
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Eliminated on disposal |
— | (3,213 | ) | — | — | — | (3,213 | ) | ||||||||||||||||
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As of December 31, 2016 |
292,481 | 640,449 | 5,803 | 15,563 | — | 954,296 | ||||||||||||||||||
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Provided for the year |
48,376 | 98,566 | 272 | 745 | — | 147,959 | ||||||||||||||||||
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Eliminated on disposal |
— | (771 | ) | — | (4,119 | ) | — | (4,890 | ) | |||||||||||||||
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As of December 31, 2017 |
340,857 | 738,244 | 6,075 | 12,189 | — | 1,097,365 | ||||||||||||||||||
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CARRYING VALUE |
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As of December 31, 2016 |
660,779 | 639,349 | 935 | 2,714 | 75,510 | 1,379,287 | ||||||||||||||||||
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As of December 31, 2017 |
612,403 | 623,730 | 663 | 1,008 | 34,970 | 1,272,774 | ||||||||||||||||||
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| US$’000 | US$’000 | US$’000 | US$’000 | US$’000 | US$’000 | |||||||||||||||||||
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As of December 31, 2017 |
94,124 | 95,866 | 102 | 155 | 5,375 | 195,622 | ||||||||||||||||||
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Construction in progress represents plant and equipment pending for installation in the PRC.
Depreciation is provided to the above items of property, plant and equipment other than construction in progress so as to write off the cost of assets, over their estimated useful lives and after taking into account their estimated residual value of 5%, using the straight-line method, on the following bases:
| Buildings | 20 years or the remaining period of the leases, if shorter | |||
| Plant and machinery | 3 to 13 years | |||
| Furniture, fixtures and equipment | 5 years | |||
| Motor vehicles | 5 years |
As of December 31, 2017 and 2016, the Group has not yet obtained property ownership certificate for a portion of its buildings having a carrying amount of RMB182,011,000 (US$27,975,000) and RMB191,698,000, respectively. However, in the opinion of the directors of the Company, the absence of such ownership certificates has no material impact to the ownership of such properties to the Group. The directors expect that they will obtain the property ownership rights by 2018.
No impairment loss was made to the carrying amounts of the property, plant and equipment for the years ended December 31, 2015, 2016 and 2017.