Annual Report 2019

Notes to the financial statements
For the year ended 30 June 2019
10. Property, plant and equipment
2019
Furniture and
fittings
Office
equipment
Office
improvements
TOTAL
Cost 162,308 98,393 665,888 926,589
Additions 1,521 1,847 0 3,368
Disposals 0 (2,994) 0 (2,994)
Accumulated depreciation (162,063) (91,084) (663,162) (916,309)
Net book value 1,766 6,162 2,726 10,654
Depreciation charge 174 4,333 1,447 5,954
2018
Furniture and
fittings
Office
equipment
Office
improvements
TOTAL
Cost 163,376 95,333 661,549 920,258
Additions 0 9,861 4,339 14,200
Disposals (1,068) (6,801) 0 (7,869)
Accumulated depreciation (161,889) (89,745) (661,715) (913,349)
Net book value 419 8,648 4,173 13,240
Depreciation charge 274 3,847 514 4,635
11. Related party transactions
Gaye Bryham is a board member of Sport Auckland and is also Deputy Head of School Sport and Recreation at
Auckland University of Technology. All possible conflicts of interest are declared in regards to AUT projects.
Dianne Lasenby is a board member of Sport Auckland and is also the Chief Executive of Auckland Netball. Auckland
Netball receives money from KiwiSport which is distributed by Sport Auckland.
Mace Ward is a board member of Sport Auckland and is also employed by Auckland Council. Sport Auckland
receives funding from Auckland Council.
All transactions with related parties were on normal commercial terms and none received any preferential
treatment.
50 Annual report