Notes to the Financial Statements
continued
66
18 Property, plant and equipment
Consolidated
Computer,
office
Farm and
equipment,
other Development
Land at
Motor
furniture
properties properties
cost
Hotel
vehicles and fittings
Total
Notes
$’000
$’000
$’000
$’000
$’000
$’000
$’000
Year ended 31 March 2012
Opening net book value
18,878 51,996 4,640
-
91
806 76,411
Additions
205 7,436
-
-
19
321 7,981
Depreciation
5 (167)
-
-
(1,847)
(24)
(283)
(2,321)
Disposals
(1)
-
-
-
(7)
-
(8)
Net revaluation
10 2,872
-
-
-
-
-
2,872
Transfer from investment
properties
19
-
1,360
-
-
-
-
1,360
Impairment of land at cost
8
-
-
(1,400)
-
-
-
(1,400)
Reclassification
- (59,170)
-
59,170
-
-
-
Closing net book value
21,787 1,622 3,240 57,323
79
844 84,895
At 31 March 2012
Cost
41 1,622 3,240 59,170
227 1,473 65,773
Valuation
22,952
-
-
-
-
-
22,952
Accumulated depreciation
(1,206)
-
-
(1,847)
(148)
(629)
(3,830)
Closing net book value
21,787 1,622 3,240 57,323
79
844 84,895
Year ended 31 March 2013
Opening net book value
21,787 1,622 3,240 57,323
79
844 84,895
Additions
3,000
-
-
415
123
534 4,072
Reclassification
1,536 (1,622)
-
-
44
42
-
Disposals
(43)
-
-
-
-
(27)
(70)
Depreciation
5 (107)
-
-
(2,241)
(31)
(300)
(2,679)
Net revaluation
10 (698)
-
-
-
-
-
(698)
Transfer to investment
properties
19 (1,622)
-
(3,240)
-
-
-
(4,862)
Closing net book value
23,853
-
-
55,497
215 1,093 80,658
At 31 March 2013
Cost
27
-
-
59,585
433 1,912 61,957
Valuation
23,849
-
-
-
-
-
23,849
Accumulated depreciation
(23)
-
-
(4,088)
(218)
(819)
(5,148)
Closing net book value
23,853
-
-
55,497
215 1,093 80,658
