Financial Report Yr Ending 3.. - SHARKIES | Cronulla Sutherland ...

FINANCIAL REPORT FOR THE YEAR ENDED 31ST OCTOBER 2011
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2011
NOTE 9: PROPERTY, PLANT AND EQUIPMENT (Continued)
Plant and Leased Plant
2009 Freehold Land Buildings Equipment and Equipment Total
$ $ $ $ $
Group
Carrying amount at beginning of financial year 3,850,000 25,899,591 2,968,571 744,186 33,462,348
Additions - 80,905 298,730 269,094 648,729
Disposals - - (22,750) (58,595) (81,345)
Impairment gains/losses - (658,470) (659,601) (278,385) (1,596,456)
Depreciation - - 22,750 58,595 81,345
Depreciation on disposals - - - - -
Carrying amount at end of financial year 3,850,000 25,322,026 2,607,700 734,895 32,514,621
Plant and Leased Plant
Leagues Club Freehold Land Buildings Equipment and Equipment Total
$ $ $ $ $
Group
Carrying amount at beginning of financial year 3,850,000 14,386,515 1,628,814 665,671 20,531,000
Additions - 63,882 267,799 235,495 567,176
Disposals - - (22,750) (58,595) (81,345)
Impairment gains/losses - (324,611) (456,870) (251,466) (1,032,947)
Depreciation - - 22,750 58,595 81,345
Depreciation on disposals - - - - -
Carrying amount at end of financial year 3,850,000 14,125,786 1,439,743 649,700 20,065,229
22 CRONULLA-SUTHERLAND LEAGUES CLUB LIMITED & CONTROLLED ENTITY ABN 54 000 202 826