
03 Financial Statements NOTE 6: NON-FINANCIAL ASSETS
Note 6: Non-Financial Assets
2015 $’000 |
2014 $’000 |
|
Note 6A: Property, Plant and Equipment |
||
---|---|---|
Other property, plant and equipment |
||
Gross book value |
1,474 |
1,358 |
Accumulated depreciation |
(1,160) |
(935) |
Total other property, plant and equipment |
314 |
423 |
Total property, plant and equipment |
314 |
423 |
No indicators of impairment were found for property, plant and equipment.
No property, plant or equipment is expected to be sold or disposed of within the next 12 months.
The book value of property, plant and equipment at 30 June 2015 approximates their fair value.
Other property, plant & equipment $’000 |
Total $’000 |
|
Note 6B: Reconciliation of the Opening and Closing Balances of Property, Plant and Equipment |
||
---|---|---|
Reconciliation of the opening and closing balances of property, plant and equipment for 2015 |
||
As at 1 July 2014 |
||
Gross book value |
1,358 |
1,358 |
Accumulated depreciation |
(935) |
(935) |
Total as at 1 July 2014 |
423 |
423 |
Additions: |
||
By purchase |
269 |
269 |
Depreciation expense |
(377) |
(377) |
Disposals: |
||
Gross book value |
(153) |
(153) |
Accumulated depreciation |
152 |
152 |
Total as at 30 June 2015 |
314 |
314 |
Total as at 30 June 2015 represented by: |
||
Gross book value |
1,474 |
1,474 |
Accumulated depreciation |
(1,160) |
(1,160) |
Total as at 30 June 2015 |
314 |
314 |
|
Other property, plant & equipment $’000 |
Total $'000 |
Reconciliation of the opening and closing balances of property, plant and equipment for 2014 |
||
As at 1 July 2013 |
||
Gross book value |
72 |
72 |
Accumulated depreciation |
(4) |
(4) |
Total as at 1 July 2013 |
68 |
68 |
Additions: |
||
By purchase |
164 |
164 |
Gross book value of assets received from LCAL |
1,122 |
1,122 |
Accumulated depreciation of assets received from LCAL |
(602) |
(602) |
Depreciation expense |
(329) |
(329) |
Total as at 30 June 2014 |
423 |
423 |
Total as at 30 June 2014 represented by: |
||
Gross book value |
1,358 |
1,358 |
Accumulated depreciation |
(935) |
(935) |
Total as at 30 June 2014 |
423 |
423 |
2015 $'000 |
2014 $'000 |
|
Note 6C: Intangibles |
||
---|---|---|
Computer software |
||
Purchased – in use |
560 |
172 |
Accumulated amortisation |
(222) |
(144) |
Total computer software |
338 |
28 |
Total intangibles |
338 |
28 |
No indicators of impairment were found for intangible assets.
No intangibles are expected to be sold or disposed of within the next 12 months.
Computer software $'000 |
Total $’000 |
|
Note 6D: Reconciliation of the Opening and Closing Balances of Intangibles |
||
---|---|---|
Reconciliation of the opening and closing balances of intangibles for 2015 |
||
As at 1 July 2014 |
||
Gross book value |
172 |
172 |
Accumulated amortisation |
(144) |
(144) |
Total as at 1 July 2014 |
28 |
28 |
Additions: |
||
Purchase or internally developed |
388 |
388 |
Amortisation |
(78) |
(78) |
Total as at 30 June 2015 |
338 |
338 |
Total as at 30 June 2015 represented by: |
||
Gross book value |
560 |
560 |
Accumulated amortisation |
(222) |
(222) |
Total as at 30 June 2015 |
338 |
338 |
Reconciliation of the opening and closing balances of intangibles for 2014 |
||
As at 1 July 2013 |
||
Gross book value |
14 |
14 |
Accumulated amortisation |
(2) |
(2) |
Total as at 1 July 2013 |
12 |
12 |
Additions: |
||
Purchase or internally developed |
35 |
35 |
Gross book value of assets received from LCAL |
123 |
123 |
Accumulated depreciation of assets received from LCAL |
(85) |
(85) |
Amortisation |
(57) |
(57) |
Total as at 30 June 2014 |
28 |
28 |
Total as at 30 June 2014 represented by: |
||
Gross book value |
172 |
172 |
Accumulated amortisation |
(144) |
(144) |
Total as at 30 June 2014 |
28 |
28 |
2015 $'000 |
2014 $'000 |
|
Note 6E: Prepayments and other assets |
||
---|---|---|
Prepayments |
491 |
544 |
Deposits |
24 |
46 |
Total prepayments |
515 |
590 |
Total prepayments expected to be recovered: |
||
No more than 12 months |
125 |
104 |
More than 12 months |
390 |
486 |
Total prepayments |
515 |
590 |