ASETEK ANNUAL REPORT 2012

Page 36

Asetek Holdings, Inc. Notes to the Annual Report

(USD 000's) Cost

Leasehold improvements

Balance at January 1, 2010 Additions Disposals Exchange rate differences Balance at December 31, 2010

$

Balance at January 1, 2011 Additions Disposals Exchange rate difference Balance at December 31, 2011

$

Balance at January 1, 2012 Additions Disposals Exchange rate difference Balance at December 31, 2012

$

$

$

$

Other fixtures, fittings, tools, Machinery equipment

Total

45 $ (3) 42 $

1,549 $ 133 (629) (107) 946 $

319 $ 63 (31) (20) 331 $

1,913 196 (660) (130) 1,319

42 $ 46 (7) (1) 80 $

946 $ 310 (49) (13) 1,194 $

331 $ 45 6 (4) 378 $

1,319 401 (50) (18) 1,652

80 $ 52 1 133 $

1,194 $ 11 (10) 10 1,205 $

378 $ 25 (48) 4 359 $

1,652 88 (58) 15 1,697

(38) $ (2) 3 (37) $

(1,038) $ 630 (186) 78 (516) $

(243) $ 31 (39) 17 (234) $

(1,319) 661 (227) 98 (787)

(37) 2 (4) 1 (38) $

(516) $ 31 (221) 10 (696) $

(234) $ (48) 4 (278) $

(787) 33 (273) 15 (1,012)

(696) $ 10 (210) (9) (905) $

(278) $ 48 (60) (3) (293) $

(1,012) 58 (290) (13) (1,257)

430 $ 498 $ 300 $

97 $ 100 $ 66 $

Acccumulated depreciations

Balance at January 1, 2010 Disposals Depreciations for the year Exchange rate differences Balance at December 31, 2010

$

Balance at January 1, 2011 Disposals Depreciations for the year Exchange rate differences Balance at December 31, 2011

$

Balance at January 1, 2012 Disposals Depreciations for the year Exchange rate differences Balance at December 31, 2012

$

$

(38) $ (20) (1) (59) $

Carrying amount at December 31, 2010 Carrying amount at December 31, 2011 Carrying amount at December 31, 2012

$ $ $

5 $ 42 $ 74 $

$

$

532 640 440

At December 31, 2012, property and equipment includes leased equipment at a gross value of approximately $29,000 which had accumulated amortization of $15,000. (2011: gross value of $134,000 and accumulated amortization of $80,000. 2010: gross value of $274,000 and accumulated amortization of $173,000). As of December 31, 2012, the Company has $3.0 million of debt collateralized by all assets of the Company, including property and equipment.

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