Annual Report 2010 - Christchurch City Council
Annual Report 2010 - Christchurch City Council
Annual Report 2010 - Christchurch City Council
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Property, plant and<br />
equipment (continued)<br />
Financial statements<br />
<strong>Annual</strong> <strong>Report</strong><br />
<strong>Christchurch</strong> Otautahi<br />
<strong>2010</strong><br />
p191.<br />
Notes to financial statements<br />
23. Property, plant and equipment (continued)<br />
Reconciliation of movement in property plant and equipment<br />
Freehold<br />
land<br />
Buildings<br />
Plant &<br />
equipment<br />
Parent<br />
Work in<br />
progress<br />
Landfill<br />
at costs<br />
Library<br />
books at<br />
cost<br />
Operational assets $000s $000s $000s $000s $000s $000s $000s<br />
Total<br />
Gross carrying amount<br />
Cost/valuation at 1 July 2008 464,829 527,165 91,173 33,502 8,217 81,690 1,206,576<br />
Additions 24,483 35,795 22,093 - - 4,875 87,246<br />
Disposals (109) (158) (1,177) - - - (1,444)<br />
Net movements in work in progress - - - (16,846) - - (16,846)<br />
Re-classified as held for sale 254 (35,807) - - - - (35,553)<br />
Net revaluation increments/(decrements) 2,407 (15,995) - - - - (13,588)<br />
Transfers (2,175) 554 - - - - (1,621)<br />
Cost/valuation at 30 June 2009 489,689 511,554 112,089 16,656 8,217 86,565 1,224,770<br />
Additions 19,414 13,610 9,339 - - 4,567 46,930<br />
Disposals (1,389) (5,769) (4,874) - - - (12,032)<br />
Net movements in work in progress - - - 9,356 - - 9,356<br />
Net revaluation increments/(decrements) (446) - - - - - (446)<br />
Transfers and other 2,614 (5,754) (8) - - - (3,148)<br />
Cost/valuation at 30 June <strong>2010</strong> 509,882 513,641 116,546 26,012 8,217 91,132 1,265,430<br />
Accumulated depreciation<br />
Accumulated depreciation and impairment at (2,404) - (65,796) - (8,217) (66,145) (142,562)<br />
1 July 2008<br />
Disposals - 14 887 - - - 901<br />
Net adjustments from revaluation increments/<br />
3,290 - - - - - 3,290<br />
(decrements)<br />
Re-classified as held for sale - 956 - - - - 956<br />
Depreciation expense (1,905) (15,415) (7,861) - - (4,563) (29,744)<br />
Transfers and other - (45) - - - - (45)<br />
Accumulated depreciation & impairment at<br />
(1,019) (14,490) (72,770) - (8,217) (70,708) (167,204)<br />
30 June 2009<br />
Disposals 2 4,304 4,037 - - - 8,343<br />
Impairment losses charged to income statement - (229) (1,408) - - - (1,637)<br />
Depreciation expense (2,275) (15,788) (7,956) - - (4,313) (30,332)<br />
Transfers and other (106) 65 - - - - (41)<br />
Accumulated depreciation & impairment at<br />
30 June <strong>2010</strong><br />
(3,398) (26,138) (78,097) - (8,217) (75,021) (190,871)<br />
Carrying amount at 30 June 2009 488,670 497,064 39,319 16,656 - 15,857 1,057,566<br />
Carrying amount at 30 June <strong>2010</strong> 506,484 487,503 38,449 26,012 - 16,111 1,074,559
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