77 / 100
1 7 P r o p e r t y , p l a n t a n d e q u i p m e n t
Consolidated
Notes
Farm and
owner
occupied
properties
$’000
Tribal
properties
$’000
Plant and
equipment
$’000
Motor
vehicles
$’000
Computer,
office
equipment,
furniture &
fittings
$’000
Land and
buildings
(Hotels)
$’000
Total
$’000
Year ended 31 March 2014
Opening net book value
23,853
8,743
400
265
16,713
40,387
90,361
Acquisition of subsidiary
25
-
-
-
-
5,660
38,380
44,040
Additions
370
204
64
45
806
951
2,440
Disposals
(4)
-
-
-
(23)
-
(27)
Net revaluation
9
3,070
-
-
-
-
-
3,070
Settlement
-
1,943
-
-
-
-
1,943
Transfer from investment properties
18
1,675
-
-
-
-
-
1,675
Depreciation
4
(174)
(312)
(44)
(68)
(966)
(2,438)
(4,002)
Closing net book value
28,790
10,578
420
242
22,190
77,280 139,500
At 31 March 2014
Cost
27
18,088
1,020
1,162
29,620
78,767 128,684
Valuation
28,786
-
-
-
-
-
28,786
Accumulated depreciation
(23)
(7,510)
(600)
(920)
(7,430)
(1,487)
(17,970)
Closing net book value
28,790
10,578
420
242
22,190
77,280 139,500
Notes
Farm and
owner
occupied
properties
$’000
Tribal
properties
$’000
Plant and
equipment
$’000
Motor
vehicles
$’000
Computer,
office
equipment,
furniture &
fittings
$’000
Land and
buildings
(Hotels)
$’000
Total
$’000
Year ended 31 March 2015
Opening net book value
28,790
10,578
420
242
22,190
77,280 139,500
Additions
210
1,334
146
853
978
-
3,521
Disposals
(53)
(302)
(1)
(59)
(33)
(79)
(527)
Net revaluation
9
821
-
-
-
-
-
821
Transfer from investment properties
18
2,400
-
-
-
-
-
2,400
Depreciation
4
(244)
(313)
(43)
(105)
(3,146)
(1,127)
(4,978)
Closing net book value
31,924
11,297
522
931
19,989
76,074 140,737
At 31 March 2015
Cost
28
20,109
1,148
1,663
30,316
78,687 131,951
Valuation
31,916
-
-
-
-
-
31,916
Accumulated depreciation
(20)
(8,812)
(626)
(732)
(10,327)
(2,613)
(23,130)
Closing net book value
31,924
11,297
522
931
19,989
76,074 140,737
75
waikato-tainui
annual report 2015