ESR Group AR2022 eBook EN

FORWARD TOGETHER Notes to the Consolidated Financial Statements 31 December 2022 174 13. PROPERTY, PLANT AND EQUIPMENT (continued) Motor vehicles Machinery Leasehold improvements Others Total US$’000 US$’000 US$’000 US$’000 US$’000 31 December 2021 At 1 January 2021: Cost 318 30,502 3,928 8,589 43,337 Accumulated depreciation (275) (3,667) (2,129) (5,350) (11,421) Net carrying amount 43 26,835 1,799 3,239 31,916 At 1 January 2021, net of accumulated depreciation 43 26,835 1,799 3,239 31,916 Additions 196 5,936 736 1,393 8,261 Acquisition of subsidiaries — — 331 79 410 Disposals — — — (10) (10) Depreciation provided during the year (39) (1,684) (581) (1,402) (3,706) Exchange realignment 1 (2,697) (118) (120) (2,934) At 31 December 2021, net of accumulated depreciation 201 28,390 2,167 3,179 33,937 At 31 December 2021: Cost 520 33,330 4,400 9,578 47,828 Accumulated depreciation (319) (4,940) (2,233) (6,399) (13,891) Net carrying amount 201 28,390 2,167 3,179 33,937 At 31 December 2022, certain of the Group’s property, plant and equipment with a carrying amount of US$28,875,000 (2021: US$28,390,000) were pledged to secure certain bank and other borrowings of the Group as disclosed in note 25.

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