ANNUAL REPORT 2006
ANNUAL REPORT 2006
ANNUAL REPORT 2006
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NOTE 9: PROPERTY, PLANT AND EQUIPMENT<br />
<strong>2006</strong><br />
$<br />
Consolidated<br />
2005<br />
$<br />
<strong>2006</strong><br />
$<br />
Parent<br />
2005<br />
$<br />
Plant, equipment, vehicles and furniture - cost 621,207 530,141 504,068 471,154<br />
Less: Accumulated depreciation (472,416) (408,644) (441,600) (405,316)<br />
Total Property Plant & Equipment 148,791 121,497 62,468 65,838<br />
A N N U A L R E P O R T 2 0 0 6<br />
Reconciliation:<br />
Motor<br />
Vehicles<br />
Plant &<br />
Equipment<br />
Office<br />
Furniture<br />
<strong>2006</strong> $ $ $ $<br />
Opening written down value 32,859 62,991 25,647 121,497<br />
Additions 36,219 18,038 39,195 93,452<br />
Disposals - - - -<br />
Depreciation (14,696) (35,696) (16,392) (66,784)<br />
Exchange differences 549 244 (167) 626<br />
Closing written down value 54,931 45,577 48,283 148,791<br />
Total<br />
Reconciliation:<br />
Motor<br />
Vehicles<br />
Plant &<br />
Equipment<br />
Office<br />
Furniture<br />
2005 $ $ $ $<br />
Opening written down value 33,012 53,277 48,079 134,368<br />
Additions 7,687 32,034 22,667 62,388<br />
Disposals - - - -<br />
Depreciation (7,840) (22,320) (45,099) (75,259)<br />
Closing written down value 32,859 62,991 25,647 121,497<br />
Total<br />
page 55
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