KU Annual Report KU Annual Report 2018 | Page 50

FINANCIALS 2018 8. Property, Plant and Equipment (continued) 2018 2017 $ $ Land and buildings 198,736 201,094 Leasehold Improvements 898,411 922,055 Furniture and office equipment 379,770 34,045 8,219 10,490 Make Good Asset 43,145 72,722 Finance Lease Asset 59,602 294,216 1,587,883 1,534,622 Software Total $ $ 1,992,439 1,992,439 300,591 300,591 73,220 73,220 2,366,250 2,366,250 Additions 87,063 87,063 Assets under construction (WIP) 79,424 79,424 2,532,737 2,532,737 (1,099,641) (1,099,641) (244,205) (244,205) (1,343,846) (1,343,846) (225,043) (225,043) (1,568,889) (1,568,889) As at 31 December 2017 1,022,404 1,022,404 As at 31 December 2018 963,848 963,848 2018 2017 $ $ Salary and superannuation accruals 1,748,500 1,429,651 Prepaid centre fees and holding deposits 3,544,748 3,775,585 208,501 95,850 Depreciation: Motor vehicles 9. Intangible Assets Gross Carrying Amount Balance at 1 January 2017 Additions Assets under construction (WIP) Balance at 31 December 2017 KU 20 18 Balance at 31 December 2018 Accumulated Depreciation Balance at 1 January 2017 Amortisation expense Balance at 31 December 2017 Amortisation expense Balance at 31 December 2018 Net Book Value 10. Trade and Other Payables GST Payable Other payables and accruals 539,513 1,198,781 Trade payables 1,227,474 2,682,174 WBS & Brokered program surpluses 3,281,870 3,787,251 10,550,606 12,969,292 24