Annual Report 2021

ANNUAL REPORT 2021 143 16. PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Notes: (a) Included in assets under construction is capitalised interest of HK$18 million (2020: HK$69 million). (b) Others comprise vessels and ships, motor vehicles and leasehold improvements with net book values of HK$755 million (2020: HK$749 million), HK$51 million (2020: HK$60 million) and HK$209 million (2020: HK$194 million) respectively as at 31 December 2021. (c) Depreciation expenses charged for the year are included in the consolidated statement of profit or loss as follows: 2021 2020 HK$’million HK$’million Cost of sales 1,459 1,247 Administrative expenses 52 49 1,511 1,296 (d) As at 31 December 2021, harbour works, buildings and dockyard and assets under construction with aggregate net book value of HK$356 million (2020: HK$458 million) were pledged as security for the Group’s bank borrowings (note 32(a)). 17. RIGHT-OF-USE ASSETS Harbour Plant, works, machinery, Leasehold buildings furniture Land land and and and use rights buildings dockyard equipment Others Total HK$’million HK$’million HK$’million HK$’million HK$’million HK$’million As at 31 December 2021 Carrying amount 10,656 133 6,235 3 623 17,650 As at 31 December 2020 Carrying amount 9,542 141 6,214 5 651 16,553 For the year ended 31 December 2021 Depreciation charge 258 11 196 1 34 500 For the year ended 31 December 2020 Depreciation charge 226 15 183 22 32 478