8
Property, plant and equipment
Movements for each class of property, plant and equipment are as follows:
Equipment
Leasehold
Improvements
$000
Library
$000
Furniture
& Fittings
$000
Total
$000
Motor
Vehicles
$000
591
286
210
115
46
1,248
Additions
37
48
624
-
-
709
Disposals
(114)
(12)
(61)
(115)
(46)
(348)
Balance at 30 June 2017
514
322
773
-
-
1,609
Balance at 1 July 2017
514
322
773
-
-
1,609
Additions
83
5
8
-
-
96
Disposals
(166)
-
-
-
-
(166)
431
327
781
-
-
1,539
$000
Cost
Balance at 1 July 2016
Balance at 30 June 2018
Accumulated depreciation and impairment losses
Balance at 1 July 2016
377
183
62
115
46
783
Depreciation expense
65
13
60
-
-
138
Eliminate on disposal
(109)
(10)
(62)
(115)
(46)
(342)
Balance at 30 June 2017
333
186
60
-
-
579
Balance at 1 July 2017
333
186
60
-
-
579
Depreciation expense
73
15
65
-
-
153
Eliminate on disposal
(112)
-
-
-
-
(112)
294
201
125
-
-
620
At 1 July 2016
214
103
148
-
-
465
At 30 June and 1 July 2017
181
136
713
-
-
1,030
At 30 June 2018
137
126
656
-
-
919
Balance at 30 June 2018
Carrying amounts
There are no restrictions over the title of the Commission’s property, plant and equipment, nor are any assets
held under finance leases or pledged as security for liabilities (2017: nil).
Annual Report 2018
71