Note 16
Non-current assets - Property, plant and equipment
Construction
in progress Freehold land
Notes
$’000
$’000
At 1 July 2010
Cost or fair value
827,809
5,841
Valuation
-
-
Accumulated depreciation
-
-
Net book amount
827,809
5,841
Year ended 30 June 2011
Opening net book amount as at 30 June 2010
827,809
5,841
Reclassify asset from freehold land to intangible assets
-
(5,810)
Additions into asset register from capital work in progress
-
69
Borrowing cost capitalised
1,335
-
Additions into capital work in progress
880,179
-
Impairment charge recognised in Consolidated
Income Statement
(434,235)
-
Depreciation charge
-
-
Transfers out of capital work in progress
(430,858)
-
Written down value of assets disposed
-
-
Revaluation of assets
-
-
Closing net book amount
844,230
100
At 30 June 2011
Cost or fair value
844,230
100
Valuation
-
-
Accumulated depreciation
-
-
Net book amount
844,230
100
Year ended 30 June 2012
Opening net book amount as at 30 June 2011
844,230
100
Additions into asset register from capital work in progress
-
16
Borrowing cost capitalised
9,926
-
Additions into capital work in progress
1,158,035
-
Impairment charge recognised in Consolidated
Income Statement
(290,206)
-
Depreciation charge
-
-
Transfers out of capital work in progress
(681,221)
-
Written down value of assets disposed
-
-
Revaluation reversal of assets
-
-
Closing net book amount
1,040,764
116
At 30 June 2012
Cost or fair value
1,040,764
116
Valuation
(b)
-
-
Accumulated depreciation
-
-
Net book amount
1,040,764
116
88
