AWB Limited - 2003 Annual Report
AWB Limited - 2003 Annual Report
AWB Limited - 2003 Annual Report
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NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS<br />
FOR THE YEAR ENDED 30 SEPTEMBER <strong>2003</strong><br />
13. PROPERTY, PLANT AND EQUIPMENT<br />
Consolidated<br />
<strong>AWB</strong> <strong>Limited</strong><br />
Notes <strong>2003</strong> 2002 <strong>2003</strong> 2002<br />
$'000 $'000 $'000 $'000<br />
Freehold land – at cost 16,337 6,180 2,924 2,924<br />
Buildings on freehold land<br />
– at cost 54,401 19,576 8,809 8,568<br />
– accumulated depreciation (7,800) (1,285) (898) (591)<br />
46,601 18,291 7,911 7,977<br />
Leasehold improvements<br />
– at cost 11,715 364 433 272<br />
– accumulated amortisation (5,237) (182) (306) (181)<br />
6,478 182 127 91<br />
Total land and buildings 69,416 24,653 10,962 10,992<br />
Plant and equipment<br />
– at cost 321,568 165,560 70,021 61,586<br />
– accumulated depreciation (90,541) (19,694) (26,066) (13,767)<br />
Total plant and equipment 231,027 145,866 43,955 47,819<br />
Total property, plant and equipment 404,021 191,680 82,187 73,350<br />
Total accumulated depreciation and amortisation (103,578) (21,161) (27,270) (14,539)<br />
Total property, plant and equipment at net book value 300,443 170,519 54,917 58,811<br />
Reconciliations<br />
Reconciliations of the carrying amounts for each class of property, plant and equipment are set out below:<br />
Freehold<br />
Leasehold<br />
land Buildings improvements<br />
$'000 $'000 $'000<br />
Plant and<br />
equipment<br />
$'000<br />
Total<br />
$'000<br />
Consolidated – <strong>2003</strong><br />
Carrying amount at the beginning of the year 6,180<br />
Acquisitions through entity acquired 6,280<br />
Additions 3,992<br />
Disposals (115)<br />
Recoverable amount write down –<br />
Depreciation/amortisation expense –<br />
Net foreign currency difference on translation of self sustaining<br />
foreign operations –<br />
Carrying amount at the end of the year 16,337<br />
18,291 182 145,866 170,519<br />
10,370 6,148 49,141 71,939<br />
20,095 430 68,650 93,167<br />
(242) (11) (184) (552)<br />
– – (7,182) (7,182)<br />
(1,913) (258) (25,244) (27,415)<br />
– (13) (20) (33)<br />
46,601 6,478 231,027 300,443<br />
Consolidated – 2002<br />
Carrying amount at the beginning of the year 4,737 12,010 171 88,616 105,534<br />
Additions 1,461 7,209 109 72,961 81,740<br />
Disposals (18) (62) – (2,208) (2,288)<br />
Depreciation/amortisation expense – (866) (98) (13,503) (14,467)<br />
Carrying amount at the end of the year 6,180 18,291 182 145,866 170,519<br />
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