APO Annual Report 2020
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<strong>APO</strong> ANNUAL REPORT <strong>2020</strong><br />
AUCKLAND PHILHARMONIA TRUST<br />
CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS<br />
FOR THE YEAR ENDED 31 DECEMBER <strong>2020</strong><br />
Notes to the Consolidated and Separate statements<br />
15. PROPERTY, PLANT AND EQUIPMENT (CONT'D)<br />
Trust<br />
Cost<br />
Musical<br />
Instruments<br />
Music<br />
stands Music<br />
Office<br />
equipment<br />
Computer<br />
equipment<br />
Motor<br />
vehicles<br />
Office<br />
refurbishment Total<br />
Balance as at 31 December 2019 1,023,483 113,939 396,734 155,693 273,033 60,652 221,077 2,244,611<br />
Additions 8,735 761 7,109 3,277 14,412 - - 34,294<br />
Balance as at 31 December <strong>2020</strong> 1,032,218 114,700 403,843 158,970 287,445 60,652 221,077 2,278,905<br />
Accumulated depreciation and impairment<br />
Balance as at 31 December 2019 613,921 70,640 121,484 134,965 251,732 60,652 164,446 1,417,840<br />
Depreciation 41,761 11,342 16,070 7,898 17,288 - 44,215 138,574<br />
Balance as at 31 December <strong>2020</strong> 655,682 81,982 137,554 142,863 269,020 60,652 208,661 1,556,414<br />
Net book value<br />
As at 31 December 2019 409,562 43,299 275,250 20,728 21,301 - 56,631 826,771<br />
As at 31 December <strong>2020</strong> 376,536 32,718 266,289 16,107 18,425 - 12,416 722,491<br />
23<br />
50
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