| 2015 $'000 |
2014 $'000 |
|
|---|---|---|
|
Leasehold improvements were assessed for impairment as at 30 June 2015, no impairment loss was identified (2014: nil). No leasehold improvements (2014: nil) are expected to be disposed of within the next 12 months. |
||
| Leasehold improvements | ||
| Fair value | 2,145 | 2,056 |
| Accumulated depreciation | (381) | - |
| Total leasehold improvements | 1,764 | 2,056 |
| Total land and buildings | 1,764 | 2,056 |
| 2015 $'000 |
2014 $'000 |
|
|---|---|---|
|
No indicators of impairment were found for property, plant and equipment (2014: nil). No material items of property, plant or equipment (2014: nil) are expected to be sold or disposed of within the next 12 months. Revaluation of non-financial assets No revaluation was performed during the 2014-15 financial year. In the 2013-14 financial year Preston Rowe Paterson conducted a revaluation of leasehold improvements and other property, plant and equipment. The revaluation was conducted in accordance with the revaluation policy stated at Note 6. Revaluation decrement for leasehold improvements was nil (2014: $198,000). Revaluation increment for property, plant and equipment was nil (2014: $78,000). All increments and decrements were transferred to the asset revaluation surplus by asset class and included in the equity section of the statement of financial position. No decrements were expensed (2014: nil). |
||
| Other property, plant and equipment | ||
| Fair value | 1,411 | 1,279 |
| Accumulated depreciation | (372) | - |
| Total other property, plant and equipment | 1,039 | 1,279 |
| Total property, plant and equipment | 1,039 | 1,279 |
| 2015 | Buildings leasehold improvements $'000 | Other property, plant & equipment $'000 | Total $'000 |
|---|---|---|---|
| As at 1 July 2014 | |||
| Gross book value | 2,056 | 1,279 | 3,335 |
| Accumulated depreciation and impairment | - | - | - |
| Total as at 1 July 2014 | 2,056 | 1,279 | 3,335 |
| Additions – by purchase | 89 | 173 | 262 |
| Depreciation | (381) | (396) | (777) |
| Disposals | - | (17) | (17) |
| Total as at 30 June 2015 | 1,764 | 1,039 | 2,803 |
| Total as at 30 June 2015 represented by | |||
| Gross book value | 2,145 | 1,411 | 3,556 |
| Accumulated depreciation and impairment | (381) | (372) | (753) |
| Total as at 30 June 2015 | 1,764 | 1,039 | 2,803 |
| 2014 | Buildings leasehold improvements $'000 | Other property, plant & equipment $'000 | Total $'000 |
|---|---|---|---|
| As at 1 July 2013 | |||
| Gross book value | 3,404 | 2,896 | 6,300 |
| Accumulated depreciation and impairment | (748) | (1,545) | (2,293) |
| Total as at 1 July 2013 | 2,656 | 1,351 | 4,007 |
| Additions – by purchase | - | 254 | 254 |
| Revaluations and impairments recognised in other comprehensive income | (198) | 78 | (120) |
| Depreciation | (402) | (380) | (782) |
| Disposals | - | (24) | (24) |
| Total as at 30 June 2014 | 2,056 | 1,279 | 3,335 |
| Total as at 30 June 2014 represented by | |||
| Gross book value | 2,056 | 1,279 | 3,335 |
| Accumulated depreciation and impairment | - | - | - |
| Total as at 30 June 2014 | 2,056 | 1,279 | 3,335 |
| 2015 $'000 | 2014 $'000 | |
|---|---|---|
|
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 | ||
| Internally developed - in use | 1,941 | 1,887 |
| Purchased | 1,043 | 866 |
| Accumulated amortisation | (2,012) | (1,729) |
| Total computer software | 972 | 1,024 |
| Intellectual property | ||
| Internally developed - in use | 814 | 814 |
| Accumulated amortisation | (810) | (799) |
| Total intellectual property | 4 | 15 |
| Total intangibles | 976 | 1,039 |
| 2015 | Computer software purchased $'000 | Computer software internally developed $'000 | Intellectual property $'000 | Total $'000 |
|---|---|---|---|---|
| As at 1 July 2014 | ||||
| Gross book value | 866 | 1,887 | 814 | 3,567 |
| Accumulated depreciation and impairment | (373) | (1,356) | (799) | (2,528) |
| Total as at 1 July 2014 | 493 | 531 | 15 | 1,039 |
| Additions - by purchase or internally developed | 194 | 54 | - | 248 |
| Amortisation | (168) | (132) | (11) | (311) |
| Total as at 30 June 2015 | 519 | 453 | 4 | 976 |
| Total as at 30 June 2015 represented by | ||||
| Gross book value | 1,043 | 1,941 | 814 | 3,798 |
| Accumulated depreciation and impairment | (524) | (1,488) | (810) | (2,822) |
| Total as at 30 June 2015 | 519 | 453 | 4 | 976 |
| 2014 | Computer software purchased $'000 | Computer software internally developed $'000 | Intellectual property $'000 | Total intangibles $'000 |
|---|---|---|---|---|
| As at 1 July 2013 | ||||
| Gross book value | 367 | 1,944 | 814 | 3,125 |
| Accumulated depreciation and impairment | (215) | (1,226) | (786) | (2,227) |
| Total as at 1 July 2013 | 152 | 718 | 28 | 898 |
| Additions - by purchase or internally developed | 499 | (57) | - | 442 |
| Amortisation | (158) | (130) | (13) | (301) |
| Total as at 30 June 2014 | 493 | 531 | 15 | 1,039 |
| Total as at 30 June 2014 represented by | ||||
| Gross book value | 866 | 1,887 | 814 | 3,567 |
| Accumulated depreciation and impairment | (373) | (1,356) | (799) | (2,528) |
| Total as at 30 June 2014 | 493 | 531 | 15 | 1,039 |
| 2015 $'000 | 2014 $'000 | |
|---|---|---|
| Prepayments paid expected to be recovered | ||
| No indicators of impairment were found for prepayments paid. | ||
| No more than 12 months | 454 | 508 |
| More than 12 months | 9 | 14 |
| Total prepayments paid | 463 | 522 |