Annual Report 2017-18 | Monash Health
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Notes to the Financial Statements<br />
<strong>Monash</strong> <strong>Health</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2017</strong>/20<strong>18</strong><br />
Note 4.2: (c) Fair value measurement hierarchy for assets<br />
Carrying Fair value measurement at end<br />
amount as of reporting period using:<br />
at 30 June<br />
Balance at 30 June 20<strong>18</strong> 20<strong>18</strong> Level 1 (i) Level 2 (i) Level 3 (i)<br />
Land at fair value<br />
- Non-Specialised Land 47,085 47,085<br />
- Specialised Land 174,937 174,937<br />
Total Land at Fair Value 222,022 47,085 174,937<br />
Buildings at fair value<br />
- Specialised Buildings 555,635 - 555,635<br />
Total Buildings at Fair Value 555,635 - 555,635<br />
Plant and Equipment at Fair Value 33,745 - 33,745<br />
Medical Equipment at Fair Value 65,987 - 65,987<br />
Computers and Communication Equipment at<br />
Fair Value 3,408 - 3,408<br />
Furniture and Fittings at Fair Value 9,016 - 9,016<br />
Cultural Assets at Fair Value 2,792 2,792 -<br />
Motor Vehicles at Fair Value 6 - 6<br />
Total Property, Plant and Equipment 892,611 - 49,877 842,734<br />
Fair value measurement at end<br />
Carrying of reporting period using:<br />
amount as<br />
at 30 June<br />
Balance at 30 June <strong>2017</strong> <strong>2017</strong> Level 1 (i) Level 2 (i) Level 3 (i)<br />
Land at fair value<br />
- Non-Specialised Land 39,514 39,514 -<br />
- Specialised Land 147,508 147,508<br />
Total Land at Fair Value <strong>18</strong>7,022 39,514 147,508<br />
Buildings at fair value<br />
- Specialised Buildings 581,625 - 581,625<br />
Total Building at Fair Value 581,625 - 581,625<br />
Plant and Equipment at Fair Value 24,652 - 24,652<br />
Medical Equipment at Fair Value 63,828 - 63,828<br />
Computers and Communication Equipment at<br />
Fair Value 3,061 - 3,061<br />
Furniture and Fittings at Fair Value 2,217 - 2,217<br />
Cultural Assets at Fair Value 2,792 2,792<br />
Motor Vehicles at Fair Value 13 13<br />
Total Property, Plant and Equipment 865,211 - 42,306 822,905<br />
Note<br />
i Classified in accordance with the fair value hierarchy<br />
97
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