11.

Property, plant and equipment


	Freehold land RMB’000		Leasehold land, buildings and improvements RMB’000			Construction in progress RMB’000			Plant and machinery RMB’000			Office furniture, fittings and equipment RMB’000			Motor and transport vehicles RMB’000			Total RMB’000
Cost
At January 1, 2016		13,301		2,307,160			328,117			4,969,820			181,448			114,681			7,914,527
Additions		—		23,621			232,474			8,514			17,757			2,627			284,993
Acquisition as subsidiary		—		—			—			—			29			—			29
Disposals		—		(16,492	)		—			(114,861	)		(6,966	)		(3,263	)		(141,582	)
Transfers		—		37,001			(224,440	)		186,620			142			296			(381	)
Write-off		—		—			—			—			(5	)		—			(5	)
Translation difference		429		356			—			(337	)		56			84			588

At December 31, 2016 and January 1, 2017		13,730		2,351,646			336,151			5,049,756			192,461			114,425			8,058,169
Additions		—		1,109			226,977			7,464			16,763			9,120			261,433
Disposal of subsidiary		—		(107,632	)		—			(35,490	)		(12,473	)		(255	)		(155,850	)
Disposals		—		(3,310	)		—			(10,064	)		(3,718	)		(5,481	)		(22,573	)
Transfers		—		81,486			(280,358	)		198,872			—			—			—
Write-off		—		(2,385	)		(1,674	)		(53,792	)		(15,307	)		(599	)		(73,757	)
Translation difference		263		1,954			—			88			2,228			(74	)		4,459

At December 31, 2017		13,993		2,322,868			281,096			5,156,834			179,954			117,136			8,071,881


Accumulated depreciation and impairment
At January 1, 2016		460		572,857			—			2,831,362			110,175			70,129			3,584,983
Charge for the year		—		78,504			—			359,046			21,248			6,295			465,093
Disposals		—		(8,720	)		—			(104,346	)		(6,514	)		(2,277	)		(121,857	)
Transfers		—		(24	)		—			—			—			—			(24	)
Impairment loss		—		—			—			3,297			—			—			3,297
Translation difference		7		(331	)		—			(160	)		(78	)		54			(508	)

At December 31, 2016 and January 1, 2017		467		642,286			—			3,089,199			124,831			74,201			3,930,984
Charge for the year		—		78,347			—			325,979			21,202			6,039			431,567
Disposal of subsidiary		—		(26,031	)		—			(15,040	)		(9,695	)		(240	)		(51,006	)
Disposals		—		(1,879	)		—			(10,191	)		(1,798	)		(4,733	)		(18,601	)
Write-off		—		(1,377	)		—			(51,087	)		(15,012	)		(599	)		(68,075	)
Impairment loss		—		—			1,055			19,790			—			—			20,845
Translation difference		17		104			—			62			1,998			(32	)		2,149

At December 31, 2017		484		691,450			1,055			3,358,712			121,526			74,636			4,247,863


Net book value
At December 31, 2016		13,263		1,709,360			336,151			1,960,557			67,630			40,224			4,127,185

At December 31, 2017		13,509		1,631,418			280,041			1,798,122			58,428			42,500			3,824,018

US$’000		2,134		257,752			44,245			284,091			9,231			6,715			604,168

An impairment loss of RMB 20,845 (US$ 3,293) (2016: RMB 3,297; 2015: RMB 2,873) was charged to the consolidated statement of profit or loss under “Cost of sales” for the Group’s property, plant and equipment within the Yuchai segment. The impairment loss for 2015, 2016 and 2017 was due to assets that were not in use.

As of December 31, 2017, property, plant and equipment with a carrying amount of RMB 82,710 (US$13,068) (2016: RMB 84,360) are pledged to secure bank facilities.

Finance leases

The carrying value of property, plant and equipment held under finance leases at December 31, 2017 was RMB 96 (US$15) (2016: RMB 144). In 2017, there was no addition of property, plant and equipment under finance leases (2016: RMB86).