星空传媒 Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

6 Months Ended

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

听

PROPERTY, PLANT AND EQUIPMENT

NOTE 4 - PROPERTY, PLANT AND EQUIPMENT

The following table indicates the value of each of the major classes of our consolidated depreciable assets as of June听30, 2016 and December听31, 2015:



听	(In Millions)
听	June听30, 2016			听	December听31, 2015
Land rights and mineral rights	$	500.5		听	$	500.5
Office and information technology	64.2			听	71.0
Buildings	60.5			听	60.4
Mining equipment	596.8			听	594.0
Processing equipment	519.3			听	516.8
Electric power facilities	49.4			听	46.4
Land improvements	24.8			听	24.8
Asset retirement obligation	67.1			听	87.9
Other	28.0			听	28.2
Construction in-progress	43.3			听	40.3
听	1,953.9			听	1,970.3
Allowance for depreciation and depletion	(960.8		)	听	(911.3		)
听	$	993.1		听	$	1,059.0

We recorded depreciation and depletion expense of $25.7 million and $59.5 million in the Statements of Unaudited Condensed Consolidated Operations for the three and six months ended June听30, 2016, respectively. This compares with depreciation and depletion expense of $29.5 million and $58.2 million for the three and six months ended and June听30, 2015, respectively.