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v2.4.0.6
NOTE 6 - PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2011
Property, Plant and Equipment [Abstract]  
NOTE 6 - PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 6 – PROPERTY, PLANT AND EQUIPMENT, NET

 

Property, plant and equipment, net as of December 31, 2011 and 2010 consists of the following:

 

  December 31, December 31,
  2011 2010
     
Office equipment $      41,382 $      32,521
Furniture and fixtures 4,304 5,654
Motor vehicles 352,317 257,821
Building 261,885 263,780
Bottled water production equipment 868,412 750,578
Subtotal 1,528,300 1,310,354
    Less: Accumulated depreciation 548,062 352,410
  980,238 957,944
Construction in progress 8,142 88,437
Total $    988,380 $   1,046,381

 

Depreciation expenses for the year ended December 31, 2011 and 2010 amounted to $179,584 and $145,670, respectively.