Annual Report 2015–2016

Note 3.2 Non-Financial Assets
Note 3.2A Reconciliation of the Opening and Closing Balances of Property, Plant and Equipment and Intangibles
Reconciliation of the opening and closing balances of property, plant and equipment and intangibles for 2016
Property,
plant &
equipment
Computer
software
internally
developed
Computer
software
purchased Total
$’000 $’000 $’000 $’000
As at 1 July 2015
Gross book value 12,308 7,782 727 20,817
Accumulated depreciation, amortisation and impairment (6,547) (4,656) (706) (11,909)
Total as at 1 July 2015 5,761 3,126 21 8,908
Additions
Purchase or internally developed 652 660 46 1,358
Revaluations recognised in other comprehensive income 51 - - 51
Depreciation and amortisation (1,038) (852) (41) (1,931)
Other movements
Classification adjustment (394) 333 61 -
Total as at 30 June 2016 5,032 3,267 87 8,386
Total as at 30 June 2016 represtented by
Gross book value 5,504 8,894 834 15,232
Accumulated depreciation, amortisation and impairment (472) (5,627) (747) (6,846)
Total as at 30 June 2016 5,032 3,267 87 8,386
PART 5 financial report
Assets are recorded at cost on acquisition, except as stated below. The cost of acquisition includes the fair value of assets transferred in
exchange and liabilities undertaken. Non-financial assets are initially measured at their fair value plus transaction costs where appropriate.
No indicators of impairment were found for intangible assets.
No intangibles are expected to be sold or disposed of within the next 12 months.
Reconciliation of the opening and closing balances of property, plant and equipment and intangibles for 2015
Computer
Property, plant
& equipment
software
internally
developed
Computer
software
purchased Total
$’000 $’000 $’000 $’000
As at 1 July 2014
Gross book value 12,132 7,782 727 20,641
Accumulated depreciation, amortisation and impairment (5,084) (3,600) (578) (9,262)
Total as at 1 July 2014 7,048 4,182 149 11,379
Additions
Purchase or internally developed 176 - - 176
Impairments recognised in net cost of services - (358) - (358)
Depreciation and amortisation (1,442) (698) (128) (2,268)
Impairment loss (21) - - (21)
Total as at 30 June 2015 5,761 3,126 21 8,908
Total as at 30 June 2015 represtented by
Gross book value 12,308 7,782 727 20,817
Accumulated depreciation, amortisation and impairment (6,547) (4,656) (706) (11,909)
Total as at 30 June 2015 5,761 3,126 21 8,908
Annual Report of the National Health and Medical Research Council 2015–2016
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