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 />
p193.<br />
Notes to financial statements<br />
23. Property, plant and equipment (continued)<br />
Group<br />
Freehold<br />
land<br />
Buildings<br />
Plant &<br />
equipment<br />
Electricity<br />
distribution<br />
system<br />
Specialised<br />
assets*<br />
Work in<br />
progress<br />
Landfill at<br />
cost<br />
Library<br />
books at<br />
costs<br />
Total<br />
$000s $000s $000s $000s $000s $000s $000s $000s $000s<br />
Accumulated depreciation<br />
Accumulated depreciation and impairment<br />
at 1 July 2008<br />
(2,420) (26,927) (176,320) (29,525) (27,574) - (8,217) (66,145) (337,128)<br />
Disposals - 159 9,745 48 - - - - 9,952<br />
Net adjustments from revaluation<br />
increments/(decrements)<br />
Impairment losses charged to income<br />
statement<br />
3,290 - - - 2,958 - - - 6,248<br />
- (49) - - - (4,505) - - (4,554)<br />
Depreciation expense (1,905) (29,718) (27,306) (30,426) (10,696) - - (4,563) (104,614)<br />
Transfers and other - (52) 124 - - - - - 72<br />
Accumulated depreciation & impairment<br />
at 30 June 2009<br />
(1,035) (56,587) (193,757) (59,903) (35,312) (4,505) (8,217) (70,708) (430,024)<br />
Disposals 2 430 9,412 75 - - - - 9,919<br />
Net adjustments from revaluation<br />
increments/(decrements)<br />
Impairment losses charged to income<br />
statement<br />
- 2,852 - - 18,085 - - - 20,937<br />
- (1,067) (1,408) - - (498) - - (2,973)<br />
Depreciation expense (2,275) (30,868) (29,167) (31,128) (11,616) (1,533) - (4,313) (110,900)<br />
Transfers and other (106) 470 (189) - - - - - 175<br />
Accumulated depreciation &<br />
impairment at 30 June <strong>2010</strong><br />
(3,414) (84,770) (215,109) (90,956) (28,843) (6,536) (8,217) (75,021) (512,866)<br />
Carrying amount at 30 June 2009 918,785 836,754 182,788 875,111 245,991 110,314 - 15,857 3,185,600<br />
Carrying amount at 30 June <strong>2010</strong> 935,960 836,751 194,702 877,538 276,640 224,843 - 16,111 3,362,545<br />
*Specialised assets include finance lease assets, airport sealed surfaces, harbour structures and other specialised assets.
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