33
10 Property, plant and equipment
Movements for each class of property, plant and equipment are
Computer
equipment
Furniture
and fittings
o ffice
equipment
Leased office
equipment
Library
collection
Total
$
$
$
$
$
$
Cost or valuation
Balance at 1 July 2006
253,032
159,626
21,533
46,561
531,917
1,012,669
Additions
27,661
485,237
47,319
0
85,825
646,042
Revaluation
increase/(decrease)
0
0
0
0
(50,742)
(50,742)
Disposals
0
(150,966)
(13,615)
0
0
(164,581)
Balance at 30 June 2007
280,693
493,897
55,237
46,561
567,000
1,443,388
Balance at 1 July 2007
280,693
493,897
55,237
46,561
567,000
1,443,388
Additions
33,495
79,094
10,167
0
89,622
212,378
Disposals
0
0
(250)
(46,561)
0
(46,811)
Balance at 30 June 2008
314,188
572,991
65,154
0
656,622
1,608,955
a ccumulated
depreciation
Balance at 1 July 2006
193,059
45,881
10,380
31,047
210,067
490,434
Depreciation expense
35,187
7,128
2,975
11,640
117,348
174,278
Eliminate on revaluation
0
(0)
(0)
0
(327,415)
(327,415)
Elimination on disposal
0
(43,239)
(6,812)
0
0
(50,051)
Balance at 30 June 2007
228,246
9,770
6,543
42,687
0
287,246
Balance at 1 July 2007
228,246
9,770
6,543
42,687
0
287,246
Depreciation expense
42,317
55,982
12,304
0
124,272
234,875
Eliminate on disposal
0
0
(166)
(42,687)
0
(42,853)
Balance at 30 June 2008
270,563
65,752
18,681
0
124,272
479,268
Carrying amounts
At 1 July 2006
59,974
113,745
11,152
15,514
321,850
522,235
At 30 June and
1 July 2007
52,447
484,127
48,694
3,874
567,000
1,156,142
At 30 June 2008
43,625
507,239
46,473
0
532,350
1,129,687