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16 PROPERTY, PLANT AND EQUIPMENT
Consolidated
Note
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
8
821
-
-
-
-
-
821
Transfer from investment properties 17
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
Note
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 2016
Opening net book value
31,924 11,297
522
931
19,989 76,074 140,737
Additions
3,934
-
26
362
2,055
174
6,551
Disposals
(58)
(44)
(16)
(66)
(419)
(398)
(1,001)
Net revaluation
8
1,236
(134)
-
-
-
-
1,102
Transfer from investment properties 17
6,540
-
-
-
-
-
6,540
Depreciation
4
(324)
(285)
(40)
(127)
(2,339)
(1,689)
(4,804)
Transfer to held for sale
-
-
-
-
(720)
-
(720)
Closing net book value
43,252 10,834
492
1,100 18,566 74,161 148,405
At 31 March 2016
Cost
11,184 19,977
1,169
1,992 30,339 77,174 141,835
Valuation
32,108
-
-
-
-
- 32,108
Accumulated depreciation
(40)
(9,143)
(677)
(892)
(11,773)
(3,013)
(25,538)
Closing net book value
43,252 10,834
492
1,100 18,566 74,161 148,405
WAIKATO RAUPATU LANDS TRUST
Notes to the financial statements
FOR THE YEAR ENDED 31 MARCH 2016