2015-16 Annual Report 2015-16 Annual Report | Page 160

Financial Statements 2015
Notes to the Financial Statements for the year ended 30 June 2016
Note 12 . Property , Plant and Equipment
30 June 2015
Land
Site Improvements
Buildings
Plant and Equipment
Road and Bridge Network
Water Infrastructure
Wastewater Infrastructure
Drainage
Aerodrome Infrastructure
Heritage Assets
Capital Work in Progress
Total
$' 000 $' 000 $' 000 $' 000 $' 000 $' 000 $' 000 $' 000 $' 000 $' 000 $' 000 $' 000 Measurement Basis Note Fair Value Fair Value Fair Value Cost Fair Value Fair Value Fair Value Fair Value Cost / FV Cost / FV Cost / FV
Opening Gross Balance - at Cost
-
-
-
109,856
-
-
-
-
-
-
118,365
228,221
Opening Gross Balance - at Fair Value
190,484
186,757
291,513
-
2,328,030
867,328
832,389
359,352
13,915
13,250
-
5,083,018
Opening Gross Balance
190,484
186,757
291,513
109,856
2,328,030
867,328
832,389
359,352
13,915
13,250
118,365
5,311,239
Additions *
-
-
-
-
-
-
-
-
-
-
196,191
196,191
Contributed Assets
-
-
-
-
2,453
3,838
7,611
15,301
-
-
-
29,203
Disposals
5,9
1
-
-
( 7,255 )
-
-
-
-
-
-
-
( 7,254 )
Write-offs
5,9
( 3,560 )
( 249 )
( 1,067 )
( 650 )
( 1,101 )
( 2,353 )
( 5,078 )
( 6,945 )
-
( 436 )
-
( 21,439 )
Revaluation Decrements to Equity ( ARR )
18
-
-
-
-
-
-
( 285,346 )
-
-
-
-
( 285,346 )
Revaluation Increments to Equity ( ARR )
18
19,600
-
1,083
-
56,730
386,053
-
-
-
2,046
-
465,512
Work in Progress Transfers
7,107
3,489
8,598
13,393
43,445
8,722
3,699
1,812
1,634
32
( 98,826 )
( 6,895 )
Internal Transfers between Asset Classes
136
( 151 )
-
-
( 1,163 )
( 203 )
172
1,162
-
182
-
135
Total Gross Value of Property ,
Plant and Equipment - at Cost
-
-
-
115,344
-
-
-
-
-
-
215,730
331,074
Total Gross Value of Property ,
Plant and Equipment - at Fair Value
213,768
189,846
300,127
-
2,428,394
1,263,385
553,447
370,682
15,549
15,074
-
5,350,272
Total Gross Value of Property ,
Plant and Equipment
213,768
189,846
300,127
115,344
2,428,394
1,263,385
553,447
370,682
15,549
15,074
215,730
5,681,346
Opening Accumulated Depreciation
-
25,183
49,764
44,562
534,887
319,703
241,318
107,792
1,972
9
-
1,325,190
Depreciation Expense
9
-
3,773
3,774
10,290
26,934
12,973
8,330
4,755
360
-
-
71,189
Disposals
5,9
-
-
-
( 4,530 )
-
-
-
-
-
-
-
( 4,530 )
Write-offs
5,9
-
( 113 )
( 404 )
( 443 )
( 324 )
( 1,099 )
( 3,100 )
( 2,540 )
-
-
-
( 8,023 )
Revaluation Decrements to Equity ( ARR )
18
-
-
-
-
-
-
( 32,337 )
-
-
-
-
( 32,337 )
Revaluation Increments to Equity ( ARR )
18
-
( 293 )
( 177 )
-
( 165,809 )
216,603
-
-
-
( 8 )
-
50,316
Adjustments and Other Transfers
-
-
-
-
-
-
-
-
21
-
-
21
Internal Transfers between Asset Classes
-
22
-
-
( 13 )
( 23 )
-
13
-
( 1 )
-
( 2 )
Total Accumulated Depreciation of
Property , Plant and Equipment
-
28,572
52,957
49,879
395,675
548,157
214,211
110,020
2,353
-
-
1,401,824
Total Net Book Value of
Property , Plant and Equipment
213,768
161,274
247,170
65,465
2,032,719
715,228
339,236
260,662
13,196
15,074
215,730
4,279,522
Other Information
Range of Estimated Useful Life ( years )
Not
Depreciated
10-80
15-200
2-15
12-unlimited
10-unlimited
10-unlimited
10-175
12-150
10-100
-
* Asset Additions Comprise
Asset Renewals
-
2,923
4,384
-
55,454
8,717
5,478
3,739
-
-
-
80,695
Total Asset Additions
-
2,923
4,384
-
55,454
8,717
5,478
3,739
-
-
-
80,695
page
160 CHAPTER 6 Financial report TOOWOOMBA REGIONAL COUNCIL Annual Report 2015 - 2016