Annual Report 2004–05
Notes to and forming part of the Financial Statements: Notes 7 and
8
Note 7: Non-Financial Assets
| 2005 $’000 |
2004 $’000 |
|
|---|---|---|
| Note 7A: Infrastructure, Plant and Equipment | ||
| Plant and equipment | ||
| - at cost | 2 | 796 |
| - Accumulated depreciation | (1) | (131) |
| 1 | 665 | |
| - at fair value | 898 | 745 |
| - Accumulated depreciation | - | (185) |
| 898 | 560 | |
| Total plant and equipment | 899 | 1,225 |
| Computer equipment | ||
| - at cost | - | 664 |
| - Accumulated depreciation | - | (278) |
| - | 386 | |
| - at fair value | 290 | 1,322 |
| - Accumulated depreciation | - | (884) |
| 290 | 438 | |
| Total computer equipment | 290 | 824 |
| Furniture and fittings | ||
| - at cost | - | 127 |
| - Accumulated depreciation | - | (27) |
| - | 100 | |
| - at fair value | 2,836 | 4,263 |
| - Accumulated depreciation | - | (679) |
| 2,836 | 3,584 | |
| Total furniture and fittings | 2,836 | 3,684 |
| Office machines | ||
| - at cost | - | 352 |
| - Accumulated depreciation | - | (63) |
| - | 289 | |
| - at fair value | 234 | 534 |
| - Accumulated depreciation | - | (332) |
| 234 | 202 | |
| Total office machines | 234 | 491 |
| 2005 $’000 |
2004 $’000 |
|
|---|---|---|
| Security infrastructure | ||
| - at cost | - | 2,513 |
| - Accumulated depreciation | - | (435) |
| - | 2,078 | |
| - at 2001-04 valuation (deprival) | - | 12,013 |
| - Accumulated depreciation | - | (3,528) |
| - | 8,484 | |
| Total security infrastructure | - | 10,562 |
| Total Infrastructure, Plant and Equipment (Non-current) | 4,259 | 16,786 |
| In 2004-05 all infrastructure, plant and equipment
assets were revalued. Each sub-category of assets listed in this note, decreased in value. The revaluation decrement of $866,000 was made to the asset revaluation reserve. |
||
| Note 7B: Intangible Assets | ||
| Computer software | ||
| - at cost | 1,414 | 1,371 |
| - Accumulated amortisation | (1,245) | (1,151) |
| Total Intangibles | 169 | 220 |
Note 7C: Analysis of Infrastructure, Plant, Equipment and Intangibles
TABLE A - Reconciliation of the opening and closing balances
of
infrastructure, plant and equipment and intangibles
TABLE B – Assets at valuation
