NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 (CURRENCY - SINGAPORE DOLLARS UNLESS OTHERWISE STATED) C1 Property, plant and equipment (continued) Group Furniture, fittings, office equipment and others * $’000 Aircraft and aircraft engines $’000 Total $’000 Cost At 1 January 2021 1,466 133,995 135,461 Additions – 111,534 111,534 Disposals/write-off (46) – (46) Acquisition of subsidiaries – 21,051 21,051 Disposal of subsidiaries – (19,079) (19,079) Reclassifications 116 26,161 26,277 Translation difference 33 3,383 3,416 At 31 December 2021 1,569 277,045 278,614 Accumulated depreciation At 1 January 2021 653 13,087 13,740 Depreciation charge for the year 194 9,404 9,598 Disposals/write-off (27) – (27) Disposal of subsidiaries – (170) (170) Reclassifications – 11,300 11,300 Translation difference 15 341 356 At 31 December 2021 835 33,962 34,797 Net book value At 31 December 2021 734 243,083 243,817 * Others comprise transportation equipment, vehicles and satellites. 168 ST ENGINEERING ANNUAL REPORT 2022
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