Australia Post Annual Report 2008–09

Notes to and forming part of the Financial Report for the year ended 30 June 2009
13 Analysis of property, plant & equipment
Reconciliation of the opening and closing balances
of property, plant & equipment
Gross book value
Accumulated depreciation
82
Australia Post Annual Report 2008–09 | Financial and statutory reports
Land
$m
213.6
0.0
Buildings
$m
950.4
(390.9)
Total land
& buildings
$m
1,164.0
(390.9)
Plant &
equipment
$m
1,252.0
(717.8)
Consolidated
Total
$m
2,416.0
(1,108.7)
Net book value at 30 June 2007 213.6 559.5 773.1 534.2 1,307.3
Additions
Depreciation
Disposals
Transfers to intangibles
Transfers to investment properties
Gross book value
Accumulated depreciation
10.0
0.0
(0.5)
0.0
(5.4)
217.7
0.0
91.7
(47.4)
(2.1)
0.0
(42.4)
988.8
(429.5)
101.7
(47.4)
(2.6)
0.0
(47.8)
1,206.5
(429.5)
108.8
(95.2)
(13.3)
(0.3)
0.0
1,310.2
(776.0)
210.5
(142.6)
(15.9)
(0.3)
(47.8)
2,516.7
(1,205.5)
Net book value at 30 June 2008 (1) 217.7 559.3 777.0 534.2 1,311.2
Additions
Depreciation
Disposals
Transfers to investment properties
Gross book value
Accumulated depreciation
4.5
0.0
(4.0)
(0.4)
217.8
0.0
102.2
(51.7)
(9.6)
(2.5)
1,061.5
(463.8)
106.7
(51.7)
(13.6)
(2.9)
1,279.3
(463.8)
119.7
(101.9)
(11.0)
0.0
1,367.4
(826.4)
226.4
(153.6)
(24.6)
(2.9)
2,646.7
(1,290.2)
Net book value at 30 June 2009 (1) 217.8 597.7 815.5 541.0 1,356.5
(1) Were the entity to apply the fair value methodology, the net book value of land and buildings would be $1,465.9 million (2008: $1,579.5 million).
Reconciliation of the opening and closing balances of plant and
equipment assets held under finance lease included in the
net book value of assets
As at 30 June 2007
Depreciation
As at 30 June 2008
Depreciation
As at 30 June 2009 0.0 0.0 0.0 50.1 50.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
67.6
(8.9)
58.7
(8.6)
67.6
(8.9)
58.7
(8.6)