2006 $'000

2005 $'000

Note 7A Non-Financial Assets

 

Buildings - Leasehold Improvements

 

Leasehold improvements

 

- at cost

-

-

- accumulated depreciation

-

-

-

-

- at fair value

102

102

- accumulated amortisation

(51)

(25)

51

77

- Work in progress at cost

-

-

- at fair value

-

-

Total Leasehold Improvements (non-current)

51

77

Infrastructure, Plant and Equipment

 

Infrastructure, plant and equipment

 

- at cost

145

10

- accumulated depreciation

(14)

-

131

10

- at valuation

129

140

- accumulated depreciation

(71)

(46)

58

94

Total Infrastructure, Plant and Equipment (non-current)

189

104

All formal revaluations are independent and are conducted in accordance with the revaluation policy stated at Note 1. In 2004-05, the formal revaluations were conducted by an independent valuer Australian Valuation Office (AVO).

Revaluation increments of $62,139 for leasehold improvements were made to the asset revaluation reserve; decrements of $34,548 for plant and equipment were made to retained earnings.

Note 7B Analysis of Property, Plant and Equipment

TABLE A - Reconciliation of the Opening and Closing Balances of Property, Plant and Equipment

Item

Land

Buildings - Leasehold improvements

Total Land & Buildings

Other Infrastructure, Plant and Equipment

TOTAL

$'000

$'000

$'000

$'000

$'000

As at 1 July 2005

Gross book value

-

102

102

150

252

Accumulated Depreciation/Amortisation

-

(25)

(25)

(46)

(71)

Opening Net Book Value

-

77

77

104

181

Additions:

by purchase

-

-

-

135

135

by finance lease

-

-

-

-

-

from acquisitions of entities or operations (including restructuring)

-

-

-

-

-

Movements:

Reclassifications

-

-

-

-

-

Depreciation/amortisation expense

-

(26)

(26)

(48)

(75)

Impairments recognised in the operating result

-

-

-

-

-

Other movements:

Write-back accumulated depreciation on disposal

-

-

-

6

6

Write back of accumulated depreciation on revaluation

-

-

-

-

-

Disposals:

-

-

-

-

-

other disposals

-

-

-

(8)

(8)

As at 30 June 2006

Gross Book Value

-

102

102

277

379

Accumulated depreciation

-

(51)

(51)

(88)

(139)

Closing Net Book Value

-

51

51

189

240

TABLE B - Assets under construction

Item

Land

Buildings - Leasehold improvements

Total Land & Buildings

Other Infrastructure, Plant and Equipment

TOTAL

$'000

$'000

$'000

$'000

Gross value 30 June 2006

-

-

-

-

Gross value 30 June 2005

-

-

-

-

-

There are no assets held under finance leases.

Note 7C Intangible Assets

2006 $'000

2005

$'000

Computer software:

Internally developed - in use

-

-

Internally developed software at cost

525

234

Accumulated amortisation

(236)

(234)

Accumulated impairment write-down

-

-

289

-

Work in progress at cost

-

-

Total Intangibles (non-current)

289

-

Table A - Reconciliation of the Opening and Closing Balances of Intangibles

Item

Computer Software internally developed

$'000

As at 1 July 2005

Gross book value

234

Accumulated Depreciation / Amortisation

(234)

Opening Net book value

-

Additions:

by purchase / internally developed

291

Movements:

Depreciation / amortisation expense

(2)

As at 30 June 2006

Gross Book Value

525

Accumulated depreciation / amortisation

(236)

Closing Net Book Value

289

TABLE B - Assets under construction

Item

Computer Software

$'000

Gross value as at 30 June 2006

-

Gross value as at 30 June 2005

-

Note 7D Other Non-Financial Assets

2006 $'000

2005

$'000

Prepayments

13

11

All other non-financial assets are current assets.