AnnuAl REPORT 2011-2012 - Sbs

8(d) Analysis of property, plant and equipment, and intangibles (cont.)
Reconciliation of the opening and closing balances of property, plant and equipment,
and intangibles (2011–12) (cont.)
CoNsoLIDAteD
LAND
$’000
BUILDINGs
$’000
totAL
LAND AND
BUILDINGs
$’000
PLANt AND
eQUIPMeNt
$’000
INtANGIBLes
$’000
totAL
$’000
Net book value is
represented by:
Gross Book Value
Accumulated depreciation/
27,215 46,386 73,601 66,290 22,313 162,204
amortisation – (6,453) (6,453) (32,120) (6,895) (45,468)
Closing net book value 27,215 39,933 67,148 34,170 15,418 116,736
The above amounts include $0.260m for plant and equipment owned by the Corporation’s controlled entity, STV Ltd, as
at 30 June 2012. A loss on revaluation of $0.168m was also recognised in STV LTd’s income statement in 2012 (2011:
Nil), with a $0.012m increase on revaluation for STV Ltd’s plant and equipment as at 30 June 2012 (2011: Nil). The
increase of $0.012m was recognised directly in equity (asset revaluation reserve).
Reconciliation of the opening and closing balances of property, plant and equipment, and intangibles (2010–11)
CoNsoLIDAteD
LAND
$’000
BUILDINGs
$’000
totAL
LAND AND
BUILDINGs
$’000
PLANt AND
eQUIPMeNt
$’000
INtANGIBLes
$’000
totAL
$’000
As at 1 July 2010
Gross Book Value
Accumulated depreciation/
21,250 47,061 68,311 56,886 19,778 144,975
amortisation – (5,905) (5,905) (28,057) (4,491) (38,453)
opening net book value 21,250 41,156 62,406 28,829 15,287 106,522
Additions – by purchase
Revaluations recognised in
other comprehensive income
– 2,282 2,282 4,658 1,703 8,643
(equity)
Depreciation/amortisation
5,350 1,943 7,293 – – 7,293
expense
Disposals
– (2,399) (2,399) (6,343) (1,223) (9,965)
From disposal of operations – – – – – –
Other disposals
Net book value as at
– – – (443) (3) (446)
30 June 2011 26,600 42,982 69,582 26,701 15,764 112,047
Net book value is
represented by:
Gross Book Value
Accumulated depreciation/
26,600 46,704 73,304 54,382 21,274 148,960
amortisation – (3,722) (3,722) (27,681) (5,510) (36,913)
Closing net book value 26,600 42,982 69,582 26,701 15,764 112,047
The above amounts include $0.522m for plant and equipment owned by the Corporation’s controlled entity, STV Ltd, as
at 30 June 2011.
AnnuAl RepoRt 2011 – 2012 101