9. Property, plant and equipment Movements for each class of property, plant and equipment are as follows: Equipment $000 Furniture & Fittings $000 Leasehold Improvements $000 WIP $000 Total $000 313 305 781 690 2,089 - - - (690) (690) Additions 217 241 1,499 28 1,985 Disposals (1) - - - (1) Balance at 30 June 2022 529 546 2,280 28 3,383 Balance at 1 July 2022 529 546 2,280 28 3,383 - - 28 (28) - Additions 44 90 143 - 277 Disposals (19) (102) - - (121) Balance at 30 June 2023 554 534 2,451 - 3,539 Cost Balance at 1 July 2021 Capitalised Capitalised Accumulated depreciation and impairment losses Balance at 1 July 2021 214 222 323 - 759 Depreciation expense 93 37 165 - 295 Eliminate on disposal (1) - - - (1) Balance at 30 June 2022 306 259 488 - 1,053 Balance at 1 July 2022 306 259 488 - 1,053 Depreciation expense 105 51 218 - 374 Eliminate on disposal (15) (74) - - (89) Balance at 30 June 2023 396 236 706 - 1,338 99 83 458 690 1,330 At 30 June and 1 July 2022 223 287 1,792 28 2,330 At 30 June 2023 158 298 1,745 - 2,201 Carrying amounts At 1 July 2021 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 (2022: nil). 68 Pūrongo ā-tau Annual Report 2023