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

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

听

PROPERTY, PLANT AND EQUIPMENT

NOTE 5 - PROPERTY, PLANT AND EQUIPMENT

The following table indicates the value of each of the major classes of our consolidated depreciable assets as of March听31, 2013 and December 31, 2012:



听	(In Millions)
听	March 31, 2013			听	December听31, 2012
Land rights and mineral rights	$	7,922.8		听	$	7,920.8
Office and information technology	114.8			听	92.4
Buildings	190.7			听	162.0
Mining equipment	1,342.9			听	1,290.7
Processing equipment	2,081.9			听	1,937.4
Railroad equipment	242.1			听	240.8
Electric power facilities	61.4			听	58.7
Port facilities	114.7			听	114.3
Interest capitalized during construction	20.8			听	20.8
Land improvements	48.7			听	43.9
Other	53.1			听	39.0
Construction in progress	1,013.2			听	1,123.9
听	13,207.1			听	13,044.7
Allowance for depreciation and depletion	(1,970.8		)	听	(1,837.4		)
听	$	11,236.3		听	$	11,207.3

We recorded depreciation and depletion expense of $135.9 million and $111.4 million in the Statements of Unaudited Condensed Consolidated Operations for the periods ended March听31, 2013 and 2012, respectively.

The accumulated amount of capitalized interest included within construction in progress at March 31, 2013 is $24.2 million of which $7.1 million was capitalized during 2013. At December 31, 2012, $17.1 million of capitalized interest was included within construction in progress of which $15.4 million was capitalized during 2012.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details