Note 24 - Asset Held for Sale

   

CONSOLIDATED

(Amounts in USD 1,000)

2015

2014

       

Purchase cost per January 1

 

-

18,212

Moved from Fixed asset

 

3,459

-

The year’s disposal at cost

 

-

-18,212

Purchase cost on December 31

 

3,459

-

Booked value for the vessel “Siddis Skipper” was transferred from fixed assets to asset held for sale in December 2013.
The vessel was sold on January 8, 2014.
Booked value for the vessel “Siem Carrier” was transferred from fixed assets to asset held for sale in December 2015.