11 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
871
290
561
115
74
1,911
Additions
17
-
-
-
-
17
Disposals
(118)
(11)
-
-
-
(129)
Balance at 30 June 2014
770
279
561
115
74
1,799
Balance at 1 July 2014
770
279
561
115
74
1,799
Additions
36
-
-
-
-
36
Disposals
(162)
-
-
-
(28)
(190)
644
279
561
115
46
1,645
$000
Cost
Balance at 1 July 2013
Balance at 30 June 2015
Accumulated depreciation and impairment losses
Balance at 1 July 2013
603
128
422
115
74
1,342
Depreciation expense
87
34
97
-
-
218
Eliminate on disposal
(117)
(8)
-
-
-
(125)
Balance at 30 June 2014
573
154
519
115
74
1,435
Balance at 1 July 2014
573
154
519
115
74
1,435
Depreciation expense
68
21
7
-
-
96
Eliminate on disposal
(152)
-
-
-
(28)
(180)
489
175
526
115
46
1,351
At 1 July 2013
268
162
139
-
-
569
At 30 June and 1 July 2014
197
125
42
-
-
364
At 30 June 2015
155
104
35
-
-
294
Balance at 30 June 2015
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 (2014: Equipment held under finance lease
$15,000).
Annual Report 2015
53