Bradken Limited Annual Report 2015 - page 96

61 l BRADKEN LIMITED ANNUAL REPORT 2015
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Notes to the consolidated financial statements
30 June 2015
(continued)
14 Property, plant and equipment
Note
Freehold
land
Buildings
Leasehold
improve-
ments
Plant and
equipment
Leased
plant and
equipment
Capital
works in
progress
Total
$'000
$'000
$'000
$'000
$'000
$'000
$'000
At 1 July 2013
Cost or fair value
43,923
184,919
5,084
606,998
27,909
42,773
911,606
Accumulated depreciation
-
(30,115)
(795)
(248,854)
(15,617)
-
(295,381)
Net book amount
43,923
154,804
4,289
358,144
12,292
42,773
616,225
Year ended 30 June 2014
Opening net book amount
43,923
154,804
4,289
358,144
12,292
42,773
616,225
Exchange differences
(782)
(3,294)
(129)
(7,091)
(340)
-
(11,636)
Additions
-
-
-
(4,145)
6,548
50,680
53,083
62
1,647
-
33,355
-
(35,064)
-
Disposals
(51)
(1,132)
(6)
(20,091)
(84)
-
(21,364)
Depreciation charge
-
(4,790)
(184)
(42,790)
(5,184)
-
(52,948)
Closing net book amount
43,152
147,235
3,970
317,382
13,232
58,389
583,360
At 30 June 2014
Cost or fair value
43,152
180,361
4,925
587,711
29,898
58,389
904,436
Accumulated depreciation
-
(33,126)
(955)
(270,329)
(16,666)
-
(321,076)
Net book amount
43,152
147,235
3,970
317,382
13,232
58,389
583,360
Year ended 30 June 2015
Opening net book amount
43,152
147,235
3,970
317,382
13,232
58,389
583,360
Exchange differences
5,402
22,576
149
43,919
1,459
-
73,505
Additions
-
-
298
(235)
7,834
34,193
42,090
-
3,072
-
34,309
-
(37,381)
-
Disposals
(3,127)
(6,333)
(104)
(1,310)
-
-
(10,874)
Assets held for sale
37 (3,726)
(6,045)
-
(3,810)
-
-
(13,581)
Impairment (see below)
(417)
(580)
(54,826)
(55,823)
Depreciation charge
-
(6,484)
(150)
(38,244)
(7,177)
-
(52,055)
Closing net book amount
41,284
153,441
4,163
297,185
15,348
55,201
566,622
At 30 June 2015
Cost or fair value
41,284
193,369
5,953
625,627
36,196
55,201
957,630
Accumulated depreciation
-
(39,928)
(1,790)
(328,442)
(20,848)
-
(391,008)
Net book amount
41,284
153,441
4,163
297,185
15,348
55,201
566,622
(a) Non current assets pledged as security
Assets under finance lease arrangements are pledged as security by the Group.
Transfer (to)/from capital work in
progress
Transfer (to)/from capital work in
progress
An impairment loss of $1.418m was recognised in the year end 30 June 2015 relating to property, plant and equipment held at
the Group's Henderson site in Western Australia. This loss is included withing the manufacturing reorganisation expense in note
7.
During the year, the Group reassessed the useful lives of certain assets. The impact of the change of this reassesment is
included in the depreciation charge line item above.
1...,86,87,88,89,90,91,92,93,94,95 97,98,99,100,101,102,103,104,105,106,...131
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