Portland District Health Annual Report 2005 - South West Alliance of ...

Portland District HealthNotes to and Forming Part of the Financial Statements for the Year Ended 30 June 2005Note 3: Depreciation and Amortisation2004-05 2003-04$’000 $’000Depreciation:Buildings 573 573Plant & Equipment 423 451Medical Equipment 181 165Computer Equipment 305 228Motor Vehicles 93 88Other Equipment 74 72Total Depreciation Expenses 1,649 1,577Amortisation:Leased AssetsPlant and Equipment 56 55Other Equipment 3 6Computers 2 1Total Amortisation Expenses 61 62Total Depreciation and Amortisation before Joint Venture 1,710 1,639Information Technology Joint Venture - Computers 76 92Total Depreciation and Amortisation 1,786 1,731Allocation of Depreciation /AmortisationServices Supported by Health Services Agreement 1,428 1,311Services Supported by Hospital and Community 358 328InitiativesTotal Depreciation and Amortisation 1,786 1,639Note 4: Borrowing Costs2004-05 2003-04$’000 $’000Finance Charges on Finance Leases 41 42Interest on Borrowings - Short Term 154 178Finance Lease Liability 195 220Note 5: Cash AssetsFor the purposes of the Statement of Cash Flows, cash assets includes cash on hand and in banks, and short term deposits which are readilyconvertible to cash on hand, and are subject to an insignificant risk of change in value, net of outstanding bank overdrafts.2004-05 2003-04$’000 $’000Cash at Bank - 286Bank Overdraft (123) -Total (123) 28661