60
A n n u a l R e p o r t
2 0 1 2
notes to the financial Statements
for the year ended 31 March 2012
Parent property, plant and equipment
Network
Land
Buildings Distribution Meters &
Plant &
(At Cost or
(At Cost or
System
Relays Vehicles Generation
Total
Valuation) Valuation) (At Valuation) (At Valuation)
(At Cost)
(At Cost)
$’000
$’000
$’000
$’000
$’000
$’000
$’000
Gross carrying amount
At 31 March 2010
1,701
2,556 165,669
-
7,923
3,161 181,010
Additions
23
13
6,745
1,988
601
65
9,435
Disposals
-
-
-
-
(817)
-
(817)
Capital works in progress
-
-
1,150
-
-
156
1,306
At 31 March 2011
1,724
2,569 173,564
1,988
7,707
3,382 190,934
Additions
(1)
-
6,480
14
552
263
7,308
Revaluation
228
(304)
7,600
-
-
-
7,524
Disposals
-
-
-
-
(197)
-
(197)
Capital works in progress
-
-
2,201
-
-
8
2,209
At 31 March 2012
1,951
2,265 189,845
2,002
8,062
3,653 207,778
Accumulated depreciation and impairment
At 31 March 2010
-
387
29,082
-
4,573
93
34,135
Depreciation charge
-
61
6,008
249
785
81
7,184
Eliminated on disposals
-
-
-
-
(729)
(729)
At 31 March 2011
-
448
35,090
249
4,629
174
40,590
Depreciation charge
-
89
6,190
461
796
87
7,623
Reversal on revaluation
(533) (41,280)
(41,813)
Eliminated on disposals
-
-
-
-
(152)
-
(152)
At 31 March 2012
-
4
-
710
5,273
261
6,248
Carrying amount (Net book value)
At 31 March 2010
1,701
2,169 136,587
-
3,350
3,068 146,875
At 31 March 2011
1,724
2,121 138,474
1,739
3,078
3,208 150,344
At 31 March 2012
1,951
2,261 189,845
1,292
2,789
3,392 201,530
The carrying amounts of property, plant and equipment had they been recognised under the cost model are as
follows:
At 31 March 2011
1,229
2,133
85,935
740
3,078
3,208
96,323
At 31 March 2012
1,227
2,053
92,286
676
2,789
3,392 102,423
60
A n n u a l R e p o r t
2 0 1 2