Departmental Financial Position (cont.)
|
3.2 Non-Financial Assets |
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|
3.2A: Reconciliation of the Opening and Closing Balances of Property, Plant, Equipment and Intangibles |
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|
Reconciliation of the opening and closing balances of property, plant equipment and intangibles for 2019 |
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|
Buildings |
Plant and equipment |
Heritage and cultural 1 |
Intangibles 2 |
Total |
||
|
$'000 |
$'000 |
$'000 |
$'000 |
$'000 |
||
|
Total as at 1 July 2018 |
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|
Gross book value |
9,415 |
3,510 |
234 |
3,478 |
16,637 |
|
|
Accumulated depreciation, amortisation and impairment |
(93) |
(33) |
- |
(1,582) |
(1,708) |
|
|
Total as at 1 July 2018 |
9,322 |
3,477 |
234 |
1,896 |
14,929 |
|
|
Additions by purchase |
75 |
196 |
- |
555 |
826 |
|
|
Revaluations recognised in other comprehensive income |
( 616) |
(164) |
2 |
- |
(778) |
|
|
Impairments recognised in net cost of services |
(3) |
(46) |
(1) |
(729) |
(779) |
|
|
Depreciation and amortisation |
(572) |
(184) |
(2) |
(342) |
(1,100) |
|
|
Accumulated depreciation - write back on asset write down |
- |
6 |
2 |
693 |
701 |
|
|
Accumulated depreciation - write back on revaluation |
580 |
175 |
- |
- |
755 |
|
|
Other movements - asset reclassification |
1,437 |
(1,437) |
- |
- |
- |
|
|
Total as at 30 June 2019 |
10,223 |
2,023 |
235 |
2,073 |
14,554 |
|
|
Total as at 30 June 2019 represented by: |
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|
Gross book value |
10,308 |
2,060 |
235 |
3,304 |
15,907 |
|
|
Accumulated depreciation, amortisation and impairment |
(85) |
(37) |
- |
(1,231) |
(1,353) |
|
|
Total as at 30 June 2019 |
10,223 |
2,023 |
235 |
2,073 |
14,554 |
|
|
3.2B: Reconciliation of the Opening and Closing Balances of Asset Held for Sale |
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|
2019 |
2018 |
|||||
|
$'000 |
$'000 |
|||||
|
Building held for sale |
||||||
|
Total as at 1 July 2018 |
336 |
- |
||||
|
Additions |
- |
336 |
||||
|
Disposal -transferred to Administered |
( 336) |
- |
||||
|
Total as at 30 June 2019 |
- |
336 |
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|
Notes |
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|
1. Land, buildings and other property, plant and equipment that met the definition of a heritage and cultural item were disclosed in the heritage and cultural asset class. |
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|
2. The carrying amount of intangibles is all purchased software. |
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|
Property, plant and equipment, heritage and cultural, and intangible assets were tested for impairment at 30 June 2019. Assets found to be impaired were written down in accordance with the stated policy. |
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|
No property, plant and equipment, heritage and cultural, or intangible assets are expected to be sold or disposed of within the next 12 months. |
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|
Revaluations of non-financial assets |
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|
All revaluations were conducted in accordance with the revaluation policy stated at Note 7.4. On 30 June 2019, an independent valuer conducted the revaluation. |
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|
Contractual commitments for the acquisition of property, plant and equipment and intangible assets |
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|
2019 |
2018 |
|||||
|
$'000 |
$'000 |
|||||
|
Minor building upgrades |
278 |
103 |
||||
|
ICT equipment |
477 |
6 |
||||
|
Computer software |
1,533 |
1,981 |
||||
|
Total Commitments |
2,288 |
2,090 |
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Visit
https://www.transparency.gov.au/annual-reports/national-capital-authority/reporting-year/2018-2019-75