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Note 4.2: Administered – non-financial assets

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4.2 Administered - non financial assets1

4.2A: Reconciliation of the opening and closing balances of property, plant and equipment and intangibles

Reconciliation of the opening and closing balances of property, plant and equipment and intangibles for 2016

  Buildings Leasehold improvements Other property, plant and equipment Computer software Total
  $'000 $'000 $'000 $'000 $'000
As at 1 July 2015          
Gross book value 52,110 18,866 8,555 4,117 83,648
Accumulated depreciation, amortisation and impairment (1,489) (4,626) (369) (2,232) (8,716)
Total as at 1 July 2015 50,621 14,240 8,186 1,885 74,932
           
Additions          
By purchase - 1,799 1,181 713 3,693
Internally developed - - - - -
Revaluation and impairments recognised through other comprehensive income - - - - -
Depreciation and amortisation (496) (4,843) (3,707) (978) (10,024)
Disposals          
From disposal of entities or operations (including restructuring)1 (50,125) (9,219) - - (59,344)
Property, plant and equipment and computer software - - (4) (75) (79)
Total as at 30 June 2016 - 1,977 5,656 1,545 9,178
           
Total as at 30 June 2016 represented by          
Gross book value - 11,446 9,704 4,715 25,865
Accumulated depreciation, amortisation and impairment - (9,469) (4,048) (3,170) (16,687)
Total as at 30 June 2016 - 1,977 5,656 1,545 9,178


Note

1 In accordance with the Administrative Arrangements Order of 21 September 2015, the Classification, Copyright and Arts and Cultural Development programs and functions were transferred to the Department of Communications and the Arts with effect from 1 November 2015. The financial impact is reflected as a disposal in this note.

Additional disclosures

The carrying amount of computer software included $1.395m purchased software and $0.150m internally developed software.

No indicators of impairment were found for land, buildings, other property, plant and equipment, and intangibles.

No land, buildings, other property, plant and equipment and intangibles are expected to be sold or disposed of within the next 12 months.

Revaluations of non-financial assets

Land and buildings

All revaluations were undertaken in accordance with the revaluation policy stated at Note 3.2. In 2016, there was a nil increment (2015: nil increment) for buildings on freehold land. In 2016, there was a nil increment (2015: nil increment) for leasehold improvements that were credited to the asset revaluation surplus by asset class and included in the equity section of the balance sheet.

Property, plant and equipment

All revaluations were undertaken in accordance with the revaluation policy stated at Note 3.2. In 2016, there was a nil increment for property, plant and equipment (2015: $0.439m decrement) that was credited against the asset revaluation surplus by asset class and included in the equity section of the balance sheet.


Reconciliation of the opening and closing balances of property, plant and equipment and intangibles for 2015

  Buildings Leasehold improvements Other property, plant and equipment Computer software Total
  $'000 $'000 $'000 $'000 $'000
As at 1 July 2014          
Gross book value 52,110 14,753 13,266 3,704 83,833
Accumulated depreciation, amortisation and impairment - - (4,213) (1,459) (5,672)
Total as at 1 July 2014 52,110 14,753 9,053 2,245 78,161
           
Additions          
By purchase - 4,113 1,942 11 6,066
Internally developed - - - 402 402
Revaluation and impairments recognised in other comprehensive income - - 439 - 439
Depreciation and amortisation (1,489) (4,626) (3,243) (773) (10,130)
Disposals          
Property, plant and equipment - - (5)   (5)
Total as at 30 June 2015 50,621 14,240 8,186 1,885 74,932
           
Total as at 30 June 2015 represented by          
Gross book value 52,110 18,866 8,555 4,117 83,648
Accumulated depreciation and impairment (1,489) (4,626) (369) (2,232) (8,716)
Total as at 30 June 2015 50,621 14,240 8,186 1,885 74,932

4.2B: Other non-financial assets

  2016 2015
   Notes $'000 $'000
Prepayments   1,351 1,330
       
No indicators of impairment were found for other non-financial assets.      
       
Total other non-financial assets expected to be recovered      
No more than 12 months   1,007 300
More than 12 months   344 1,030
Total other non-financial assets   1,351 1,330

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