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EXCEL - IDEA: XBRL DOCUMENT - BTHC XV, Inc.Financial_Report.xls
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v2.4.0.6
PROPERTY PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2011
PROPERTY PLANT AND EQUIPMENT, NET

NOTE 4 - PROPERTY PLANT AND EQUIPMENT, NET

 

Property, plant and equipment consisted of the following:

    December 31,  
     2011       2010  
             
Building   $ 15,899,850     $ 11,191,052  
Machinery and equipment     797,470       727,288  
Office equipment     232,049       188,701  
Automobiles     917,118       852,338  
                 
Total at Cost     17,846,487       12,959,379  
                 
Less: accumulated depreciation     (4,227,203 )     (3,138,170 )
Construction in progress     296,758       3,782,130  
                 
Property, plant and equipment, net     13,916,042     $ 13,603,339  

 

Depreciation expense for the years ended December 31, 2011 and 2010 was $920,649 and $689,628 , respectively.