annual report 2012 – 13 - Australian Government Solicitor

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTSfor the year ended 30 June 2013Year ended30 June 2013$'000Year ended30 June 2012$'00011. Receivables (cont.)Reconciliation of the impairment allowance account:Goods andservices$'000Goods andservices$'000Opening balance (298) (253)Amounts written off – –Amounts recovered and reversed 298 253Increase recognised in operating profit (461) (298)Closing balance (461) (298)>12. Other current assetsPrepaid property rentals 416 589>Prepaid insurance premiums 300 406Other prepayments 1 203 1 283Total other current assets 1 919 2 27813. Non-current assetsNote 13A – Infrastructure, plant and equipmentLibrary– at valuation (fair value) 319 319– accumulated depreciation – –Total library 319 319Leasehold improvements– at valuation (fair value) 19 229 17 046– accumulated depreciation (14 730) (11 310)Total leasehold Improvements 4 499 5 736Other infrastructure, plant and equipment– at valuation (fair value) 1 413 2 916– accumulated depreciation – –Total other infrastructure, plant and equipment 1 413 2 916Total infrastructure, plant and equipment 6 231 8 971All revaluations are conducted in accordance with the revaluation policy stated at Note 1. In 2012–13, anindependent valuer conducted the revaluations.Valuations of Leasehold Improvements and infrastructure, plant and equipment, with the exception of thefinanced lease incentives, were carried out at 30 June 2013 by an independent valuer.No indicators of impairment were found for infrastructure, plant and equipment.AGS Annual report 2012–13 75