Turbo Ltd had the following non-current assets at 31 December 2011: Depreciation $'o00 Cost NBV $'o00 $'o00 Land 500 500 Buildings Plant and machinery Fixtures and fittings 400 80 320 1,613 458 1,155 390 140 250 2,903 678 2,225 In the year ended 31 December 2012 the following transactions occur: (1) Additions to plant and fixtures are $154,000 and $40,000 respectively. (2) The following non-current assets are sold. Cost Depreciation brought forward $'o00 Proceeds $'o00 86 Plant 000,$ 277 41 195 Fixtures 31 2 (3) Turbo adopts the revaluation model for the land and building. The remaining non-current assets are using the cost model. (4) Land and building were revalued is worth $900,000. 1 January 2012 to $1,500,00o, of which land (5) The useful life of the buildings is unchanged. The buildings were purchased ten years before the revaluation. (6) Depreciation is provided at the year end at the following rates. Buildings Plant 2% per annum straight line 20% per annum straight line Fixtures 25% per annum reducing balance (7) It is the company's policy to charge a full year's depreciation in the year of purchase and no depreciation in the year of disposal. Required: Show the reconciliation of the carrying amount at the beginning and end of the period showing: addition, disposals, increases/decreases during the period from revaluation and from impairment losses, impairment losses recognized in the profit and loss, depreciation and any other movement, under HKAS 16 Property, Plant and Equipment that is required in the notes to the financial statements for the year ended 31 December 2012. (20 marks)