11. Property, Plant and Equipment
Land and
buildings
at cost
$
Plant and
equipment
at cost
$
Motor
Vehicles
at cost
$
Total
$
Gross Carrying Amount
Balance at 1 January 2008
Additions
Disposals
Balance at 31 December 2008
Additions for 2009
Work in Progress
Disposals for 2009 7,460,378
2,018,351
-
9,478,729
1,137,370
1,060,929
- 2,030,065
150,085
-
2,180,150
366,674
445,343
- 300,801
104,751
(118,296)
287,256
33,653
-
(27,411) 9,791,244
2,273,187
(118,296)
11,946,135
1,537,697
1,506,272
(27,411)
Balance at 31 December 2009 11,677,028 2,992,167 293,498 14,962,693
Accumulated Depreciation
Balance at 1 January 2008
Disposals
Depreciation expense
Balance at 31 December 2008
Disposals for 2009
Depreciation expense for 2009 (1,895,116)
-
(403,068)
(2,298,184)
-
(474,048) (851,193)
-
(118,616)
(969,809)
-
(168,887) (165,128)
36,110
(28,980)
(157,998)
7,581
(26,253) (2,911,437)
36,110
(550,664)
(3,425,991)
7,581
(669,189)
Balance at 31 December 2009 (2,772,232) (1,138,696) (176,670) (4,087,599)
7,180,545
8,904,796 1,210,341
1,853,471 129,258
116,828 8,520,144
10,875,095
Net Book Value
As at 31 December 2008
As at 31 December 2009
Land and buildings includes buildings on leased property.
2009 2008
$ $
Aggregate depreciation allocated, whether recognised as an expense or
capitalised as part of the carrying amount of other assets during the year:
Land, buildings and improvements 474,048 403,068
Furniture and office equipment 168,887 118,616
26,253 28,980
669,189 550,664
Motor vehicles
The Centres Capital upgrade program which commenced in 2007 continued during 2009 and is reflected in the
additions to Property, Plant & Equipment. This program will continue during 2010.
Continues...
114th Annual Report 2009
31