NOTES TO THE FINANCIAL STATEMENTS
SECTION A How the numbers are calculated CONTINUED
Com puter equip- ment ($’000’s)
Plant and equip- ment ($’000’s)
Furniture and fittings ($’000’s)
Motor vehicles ($’000’s)
Work in progress ($’000’s) Not depreci- ated
Land ($’000’s)
Buildings ($’000’s)
Total ($’000’s)
Average useful live
Not depreci- ated 19 years 12 years 4 years 9 years 6 years
Cost As at 1 July 2017
1,480 36,750 205,473 38,866 6,741
3,217 44,772 337,299
Additions at cost
–
1,858 23,879 1,752 1,046
74 47,061
75,670
Deduct disposals
–
(84) (3,165)
(355)
(360)
(172)
– (4,136)
Transfers from work in progress As at 30 June 2018
–
–
–
–
–
– (34,932) (34,932)
1,480 38,524 226,187 40,263 7,427 3,119 56,901 373,901
Accumulated depreciation As at 1 July 2017
233 22,147 128,487 24,556 4,613 2,376
– 182,412
Depreciation charge
–
836 10,563 5,544
438
322
– 17,703
Deduct disposals
–
(64) (1,988)
(351)
(346)
(172)
– (2,921)
As at 30 June 2018 Net book value as at 30 June 2018
233 22,919 137,062 29,749 4,705 2,526
– 197,194
1,247 15,605 89,125 10,514 2,722 593 56,901 176,707 The work in progress balance includes significant investments of $31.5 million in a new air traffic management (ATM) system. Airways capitalised interest associated with qualifying assets of $2.1 million during the year ended 30 June 2019 (2018: $2.2 million).
48
Made with FlippingBook - Online Brochure Maker