AnnuAl REPORT 2011-2012 - Sbs

8(e) Inventories
All inventories are current assets.
Inventories held for distribution
Notes
COnSOlIDAteD CORpORAtIOn
2012
$’000
2011
$’000
2012
$’000
2011
$’000
Purchased program stocks – at cost 43,360 40,308 40,796 37,779
Less accumulated amortisation 1(u), 3(b) (27,409) (24,950) (26,062) (23,499)
15,951 15,358 14,734 14,280
Commissioned programs (completed) – at cost 74,562 116,621 74,305 116,621
Less accumulated amortisation 1(u), 3(b) (43,482) (77,889) (43,424) (77,889)
31,080 38,732 30,881 38,732
Commissioned programs – in progress 10,712 9,116 9,889 9,116
total inventories (i) 57,743 63,206 55,504 62,128
(i) All programs are amortised and expensed in accordance with the policy outlined in Note 1(u). A review of
amortisation is undertaken annually, which resulted in an additional amount of $8.838m to be written down in 2012
(2011: $2.560m).
Notes
COnSOlIDAteD CORpORAtIOn
2012
$’000
2011
$’000
2012
$’000
2011
$’000
8(f) Other non-financial assets
Prepayments 18,503 8,760 18,175 8,526
Deferred interest rate hedge – 28 – 28
total other non-financial assets 18,503 8,788 18,175 8,554
Other non-financial assets are represented by:
No more than 12 months 11,969 8,772 11,641 8,538
More than 12 months 6,534 16 6,534 16
total other non-financial assets (ii) 18,503 8,788 18,175 8,554
(ii) No indicators of impairment were found for other non-financial assets.
AnnuAl RepoRt 2011 – 2012 105