annual report/2006 - University of Melbourne

financial statements/
Notes to and forming part of the Financial Statements
Note 25 Property, Plant and Equipment (Continued)
Movement in Carrying Amounts
Movement in the carrying amount for each class of Property, Plant and Equipment between the beginning and end of the
reporting period
(A) CONSOLIDATED - 2006 Freehold Land Buildings Library
Collection
Other
Collections
Works of
Art
$’000 $’000 $’000 $’000 $’000
Balance at Beginning of Year 508,307 1,327,494 247,764 52,605 45,493
Reclassification - (579) - - -
Additions 12,575 7,917 10,606 - 233
Disposals (21,000) (1,994) - - -
Revaluation Increments/(Decrements) 45,889 145,712 - 6,225 10,310
Depreciation Expense - (43,060) (8,808) - (2)
Assets Classified as Held for Sale - - - - -
Impairment Losses (48) 6,136 - - -
Transfer from Construction in Progress - 17,468 - - -
Write-Ups/Transfers/(Write-Offs) - - - - -
Carrying Amount at End of
Reporting Period 545,723 1,459,094 249,562 58,830 56,034
Motor Vehicles Furniture,
Fixtures &
Equipment
Scientific &
Equipment
Communication
Equipment
General
Fittings Computing
$’000 $’000 $’000 $’000 $’000
Balance at Beginning of Year 5,016 2,415 25,033 580 11,296
Reclassification 21 26 (88) 75 22
Additions 2,076 250 19,490 87 5,395
Disposals (1,093) (137) (548) - (71)
Revaluation Increments/(Decrements) - - - - -
Depreciation Expense (1,494) (519) (14,658) (200) (5,166)
Assets Classified as Held for Sale - - - - -
Impairment Losses - - - - -
Transfer from Construction in Progress - - - - (78)
Write-Ups/Transfers/(Write-Offs) - - (6) - -
Carrying Amount at End of
Reporting Period 4,526 2,035 29,224 542 11,398
Leasehold
Improvements
Assets Under
Finance
Lease
Construction
In Progress
Total 2006
$’000 $’000 $’000 $’000
Balance at Beginning of Year 1,572 1,473 26,306 2,255,355
Reclassification 523 - - -
Additions 1,748 1,139 34,652 96,169
Disposals - (191) - (25,034)
Revaluation Increments/(Decrements) - - - 208,136
Depreciation Expense (503) (692) - (75,102)
Assets Classified as Held for Sale - - - -
Impairment Losses - - - 6,088
Transfer from Construction in Progress 15,919 - (33,309) -
Write-Ups/Transfers/(Write-Offs) - - - (6)
Carrying Amount at End of
Reporting Period 19,259 1,729 27,649 2,465,606
The University of Melbourne Annual Report 2006
117