|
|
|
|
Property,
plant and equipment consist of the following:
|
|
September
30,
|
|
|
1999
|
1998
|
|
Estimated
useful lives
|
(Thousands
of U.S. dollars)
|
| Building
and building improvements |
20
years
|
52.512
|
50.112
|
| Machinery
and equipment |
7
to 20 years and unit of production
|
146.698
|
137.555
|
| Vehicles |
3
years
|
2.773
|
1.773
|
| Office
furniture and fixtures |
3
years
|
443
|
441
|
| Accumulated
depreciation |
|
(77.593)
|
(67.995)
|
|
|
124.833
|
121.886
|
| Land |
|
70
|
70
|
| Construction
in progress |
|
60
|
5.758
|
|
|
124.963
|
127.714
|
|
Depreciation expenses for the years ended September 30, 1999,
1998 and 1997 were US$9.6 million, US$9.6 million and US$13.6
million, respectively, which were charged to cost of sales.
|
|
