03 Financial Statements NOTE 6: NON-FINANCIAL ASSETS

CEFC ANNUAL REPORT / 2014–15

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