Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
Section 2 - Sugar Research and Development Corporation
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94<br />
<strong>Sugar</strong> <strong>Research</strong> <strong>and</strong> <strong>Development</strong> <strong>Corporation</strong><br />
NOTES OF THE FINANCIAL STATEMENTS<br />
SRDC Annual Report 2010–2011<br />
Leasehold Plant &<br />
improvements equipment Total<br />
$’000 $’000 $’000<br />
Note 6C: Reconciliation of the Opening <strong>and</strong> Closing Balances of Leasehold Improvements,<br />
Plant <strong>and</strong> Equipment (2010–2011)<br />
As at 1 July 2010<br />
Gross book value 162 28 190<br />
Accumulated depreciation <strong>and</strong> impairment (81) (12) (93)<br />
Net book value 1 July 2010 81 16 97<br />
Additions – 6 6<br />
Depreciation expense<br />
Disposals:<br />
(32) (10) (42)<br />
Other (1) – (1)<br />
Net book value 30 June 2011<br />
Net book value as of 30 June 2011<br />
represented by:<br />
48 12 60<br />
Gross book value 158 34 192<br />
Accumulated depreciation <strong>and</strong> impairment (110) (22) (132)<br />
As at 1 July 2009<br />
48 12 60<br />
Gross book value 105 72 177<br />
Accumulated depreciation <strong>and</strong> impairment (28) (17) (45)<br />
Net book value 1 July 2009 77 55 132<br />
Additions 57 4 61<br />
Depreciation expense<br />
Disposals:<br />
(53) (16) (69)<br />
Other – (27) (27)<br />
Net book value 30 June 2010<br />
Net book value as of 30 June 2010<br />
represented by:<br />
81 16 97<br />
Gross book value 162 28 190<br />
Accumulated depreciation <strong>and</strong> impairment (81) (12) (93)<br />
81 16 97
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