2012 Annual Report - Domino's Pizza
2012 Annual Report - Domino's Pizza
2012 Annual Report - Domino's Pizza
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
18. PROPERTY, PLANT AND EQUIPMENT<br />
<strong>2012</strong><br />
$’000<br />
2011<br />
$’000<br />
Cost 59,905 59,048<br />
Accumulated depreciation and impairment (24,874) (24,670)<br />
35,031 34,378<br />
Plant and equipment 34,927 34,250<br />
Equipment under finance lease 104 128<br />
35,031 34,378<br />
PLANT &<br />
EQUIPMENT<br />
AT COST<br />
$’000<br />
EQUIPMENT<br />
UNDER<br />
FINANCE LEASE<br />
AT COST<br />
$’000<br />
Cost<br />
Balance at 4 July 2010 52,442 45 52,487<br />
Additions 12,760 144 12,904<br />
Disposals (8,469) (11) (8,480)<br />
Acquisitions through business combinations (note 36) 3,141 - 3,141<br />
Reclassification 17 (36) (19)<br />
Net foreign currency exchange differences (985) - (985)<br />
Balance at 3 July 2011 58,906 142 59,048<br />
Additions 17,658 - 17,658<br />
Disposals (18,408) - (18,408)<br />
Acquisitions through business combinations (note 36) 3,228 - 3,228<br />
Reclassification (161) - (161)<br />
Net foreign currency exchange differences (1,460) - (1,460)<br />
Balance at 1 July <strong>2012</strong> 59,763 142 59,905<br />
TOTAL<br />
$’000<br />
Accumulated depreciation and impairment<br />
Balance at 4 July 2010 (21,650) (25) (21,675)<br />
Disposals 3,424 9 3,433<br />
Depreciation expense (6,597) (17) (6,614)<br />
Reclassification - 19 19<br />
Net foreign currency exchange differences 167 - 167<br />
Other expensed items - - -<br />
Balance at 3 July 2011 (24,656) (14) (24,670)<br />
Disposals 6,198 - 6,198<br />
Depreciation expense (6,914) (24) (6,938)<br />
Reclassification 161 - 161<br />
Net foreign currency exchange differences 375 - 375<br />
Other expensed items - - -<br />
Balance at 1 July <strong>2012</strong> (24,836) (38) (24,874)<br />
There was no depreciation during the period that was capitalised as part of the cost of other assets.<br />
18.1 Assets pledged as security<br />
In accordance with the security arrangements of liabilities, as disclosed in note 23 to the financial statements, all non-current assets of the Consolidated<br />
entity, except goodwill and deferred tax assets, have been pledged as security. The holder of the security does not have the right to sell or re-pledge the<br />
assets other than in an event of default.<br />
The Consolidated entity does not hold title to the equipment under finance lease pledged as security.<br />
ANNUAL REPORT <strong>2012</strong> DOMINO’S PIZZA ENTERPRISES LIMITED 57
Change language