10 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
770
279
561
115
74
1,799
Additions
36
-
-
-
-
36
Disposals
(162)
-
-
-
(28)
(190)
Balance at 30 June 2015
644
279
561
115
46
1,645
Balance at 1 July 2015
644
279
561
115
46
1,645
Additions
130
12
149
-
-
291
Disposals
(183)
(5)
(500)
-
-
(688)
591
286
210
115
46
1,248
$000
Cost
Balance at 1 July 2014
Balance at 30 June 2016
Accumulated depreciation and impairment losses
Balance at 1 July 2014
573
154
519
115
74
1,435
Depreciation expense
68
21
7
-
-
96
Eliminate on disposal
(152)
-
-
-
(28)
(180)
Balance at 30 June 2015
489
175
526
115
46
1,351
Balance at 1 July 2015
489
175
526
115
46
1,351
Depreciation expense
65
11
36
-
-
112
Eliminate on disposal
(177)
(3)
(500)
-
-
(680)
377
183
62
115
46
783
At 1 July 2014
197
125
42
-
-
364
At 30 June and 1 July 2015
155
104
35
-
-
294
At 30 June 2016
214
103
148
-
-
465
Balance at 30 June 2016
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 (2015: nil).
Annual Report 2016
59