MFC BANCORP LTD. (ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory)

Note 12. Property, Plant and Equipment

The following changes in property, plant and equipment were recorded during the year ended December 31, 2017:

Costs	Opening balance			Additions			Disposals			Dispositions of subsidiaries*			Reclassified from inventories			Impairments			Currency translation adjustments			Ending balance
Land and buildings		$	944		$	26		$	—		$	(1,221)		$	—		$	—		$	251		$	—
Refinery and power plants			91,392			—			—			—			3,786			—			(2,744)			92,434
Processing plant and equipment			18,880			987			(8,678)			57			—			(7,863)			320			3,703
Office equipment			5,189			300			(1,343)			(3,163)			—			—			152			1,135
		$	116,405		$	1,313		$	(10,021)		$	(4,327)		$	3,786		$	(7,863)		$	(2,021)		$	97,272

* Net of acquisition of a subsidiary

Accumulated depreciation	Opening balance			Additions			Disposals			Dispositions of subsidiaries			Impairments			Currency translation adjustments			Ending balance
Land and buildings		$	208		$	344		$	—		$	(598)		$	—		$	46		$	—
Refinery and power plants			9,308			2,267			—			—			—			(528)			11,047
Processing plant and equipment			3,545			1,377			(2,294)			(27)			(1,223)			248			1,626
Office equipment			3,901			384			(1,118)			(2,639)			—			117			645
			16,962		$	4,372		$	(3,412)		$	(3,264)		$	(1,223)		$	(117)			13,318
Carrying amount		$	99,443																	$	83,954

The following changes in property, plant and equipment were recorded during the year ended December 31, 2016:

Costs	Opening balance			Additions			Disposals			Dispositions of subsidiaries*			Reclassified from assets held for sale			Reclassified to assets held for sale			Reclassified from resource properties			Currency translation adjustments			Ending balance
Land and buildings		$	5,890		$	119		$	—		$	(324)		$	—		$	(4,745)		$	—		$	4		$	944
Refinery and power plants			67,336			—			—			—			20,255			—			5,000			(1,199)			91,392
Processing plant and equipment			34,548			3,194			(262)			(25,340)			8,128			(646)			—			(742)			18,880
Office equipment			8,515			770			(22)			(2,918)			—			(237)			—			(919)			5,189
		$	116,289		$	4,083		$	(284)		$	(28,582)		$	28,383		$	(5,628)		$	5,000		$	(2,856)		$	116,405

* Net of acquisition of a subsidiary

Accumulated depreciation	Opening balance			Additions			Disposals			Dispositions of subsidiaries			Reclassified to assets held for sale			Currency translation adjustments			Ending balance
Land and buildings		$	1,600		$	367		$	—		$	(139)		$	(1,663)		$	43		$	208
Refinery and power plants			6,860			2,641			—			—			—			(193)			9,308
Processing plant and equipment			8,392			5,403			—			(9,283)			(421)			(546)			3,545
Office equipment			3,692			880			—			(727)			(170)			226			3,901
			20,544		$	9,291		$	—		$	(10,149)		$	(2,254)		$	(470)			16,962
Carrying amount		$	95,745																	$	99,443

A power plant with a carrying amount of $26,412 was temporarily idle as of December 31, 2017. Subsequent to the year end, the power plant was vandalized and incurred damage. The Group expects to recover all restoration expenditures through insurance, except the deductible amount of $350, which will be capitalized and included in the carrying amount of the power plant when incurred.

During the year ended December 31, 2017, 2016 and 2015 respectively, $nil, $nil and $3,948 of expenditures were recognized in the carrying amounts of items of property, plant and equipment in the course of their construction.

MFC BANCORP LTD. | CIK:0000016859 |

ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory