annual report 2011–12 - Parliament of New South Wales - NSW ...

Department of Transport
Notes to the financial statements
for the year ended 30 June 2012
13 PROPERTY, PLANT AND EQUIPMENT (cont'd)
Consolidated - reconciliation
A reconciliation of the carrying amount of each class of property, plant and equipment at the beginning and end of the current reporting period is set out below.
Land and
buildings Road systems
Infrastructure Systems Plant and Equipment
Rail
systems
Maritime
systems Total
Plant and
equipment
Finance leased
buses
Rolling
stock Buses Ferries Total
Total Property,
Plant &
Equipment
$'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000
Year ended 30 June 2012
Net carrying amount at
beginning of the year 3,646,792 59,245,725 24,271,744 - 83,517,469 473,106 479,797 2,667,363 565,110 55,615 4,240,991 91,405,252
Additions 553,950 2,597,788 1,255,956 19,737 3,873,481 64,571 54,799 430,575 125,085 8,943 683,973 5,111,404
Transfers to and from other
transport entities 1,909 - 4,141 - 4,141 (3,578) - - - - (3,578) 2,472
Acquisition on business
combinations - - 4,887 - 4,887 - - - - - - 4,887
Net revaluation increment less
revaluation decrements * (877,148) 148,665 343,717 - 492,382 1,898 - 13,210 - - 15,108 (369,658)
Disposals (2,924) (186,546) (159,600) (7,427) (353,573) (6,154) - - (745) (88) (6,987) (363,484)
Reclassifications ( refer to
note below) (54,336) 53,103 (739) (1,048) 51,316 (56,025) - - (70,758) - (126,783) (129,803)
Depreciation and amortisation
expense (Note 2(e)) (28,319) (849,936) (744,528) (6,641) (1,601,105) (68,976) (25,394) (172,867) (39,418) (16,255) (322,910) (1,952,334)
Impairment losses (7,025) (791,309) 6,047 - (785,262) - - - - - - (792,287)
Transfer to and from other
non-transport entities (refer to
note below) 114,877 (36,590) (329,400) 1,377,665 1,011,675 19,781 - - - - 19,781 1,146,333
Net carrying amount at end of
year 3,347,776 60,180,900 24,652,225 1,382,286 86,215,411 424,623 509,202 2,938,281 579,274 48,215 4,499,595 94,062,782
The reclassifications comprise mainly transfer of plant and equipment to intangible assets and new buses put in service.
The transfer to and from other non-transport entities include mainly the transfer of the property, plant and equipment of the former Maritime
Services Authority to Roads and Maritime Services on 1 November 2011 (Note 31).
The revaluation decrement ($369.6m) is included in the statement of comprehensive income under other comprehensive income
($464.8m).
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Transport for NSW Annual Report 2011–12