7 1
Tainui Group Holdings
Annual Report
2012
7 1
Tainui Group Holdings
Annual Report
2012
17 Property, plant and equipment
Computer,
offce
equipment,
Farm and Development
Land
Motor
furniture &
Consolidated
other properties properties
at cost
Hotel
vehicles
fttings
Total
Notes
$’000
$’000
$’000
$’000
$’000
$’000
$’000
Year ended 31 March 2011
Opening net
book value
21,694
6,313
5,590
-
120
280
33,997
Additions
70
45,683
-
-
-
647
46,400
Disposals
-
-
-
-
-
(5)
(5)
Net revaluation
decrements 10
(2,689)
-
-
-
-
-
(2,689)
Depreciation
charge
5
(197)
-
-
-
(29)
(116)
(342)
Impairment of
land at cost 8
-
-
(950)
-
-
-
(950)
Closing net
book value
18,878
51,996
4,640
-
91
806
76,411
At 31 March 2011
Cost
19,917
51,996
4,640
-
227
1,213
77,993
Accumulated
depreciation
(1,039)
-
-
-
(136)
(407)
(1,582)
Closing net
book value
18,878
51,996
4,640
-
91
806
76,411
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
Disposals
(1)
-
-
-
(7)
-
(8)
Net revaluation 10
2,872
-
-
-
-
-
2,872
Depreciation
charge
5
(167)
-
-
(1,847)
(24)
(283)
(2,321)
Transfer from
investment
properties 18
-
1,360
-
-
-
-
1,360
Impairment of
land at cost 8
-
-
(1,400)
-
-
-
(1,400)
Reclassifcation
-
(59,170)
-
59,170
-
-
-
Closing net
book value
21,787
1,622
3,240
57,323
79
844
84,895