AGNSW_AnnRep_00 full.pdf - Parliament of New South Wales ...

ART GALLERY OF NEW SOUTH WALES TRUST
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
2000 1999
Carrying Carrying
Amount Amount
$ $
At Call - -
Less than one year 4,800,000 6,959,128
One to five years 8,238,290 2,500,000
Greater than five years - -
The deposits at balance date were earning an average interest rate of 6.26% (1999 – 5.9%),
whilst over the year the weighted average interest rate was 6.2% (1999 – 5.3%) on an average
balance during the year of $11,193,942 (1999 – $8,834,026).
18 NON-CURRENT ASSETS – LAND, BUILDING, PLANT & EQUIPMENT
TOTAL
13,038,290 9,459,128
BALANCE PLUS LESS BALANCE
30.6.99 ADDITIONS DISPOSALS 30.6.00
$’000 $’000 $’000 $’000
LAND at Valuation
Buildings and Improvements
7,000 3,925 - 10,925
Cost 590 2,296 - 2,886
Valuation 157,405 - - 157,405
TOTAL BUILDINGS 157,995 2,296 - 160,291
TOTAL LAND AND BUILDINGS
Plant & Equipment
164,995 6,221 - 171,216
Cost 14,673 468 (110) 15,031
Depreciation 8,723 1,719 (97) 10,345
TOTAL PLANT & EQUIPMENT
Art & Library Collections
5,950 (1,251) (13) 4,686
Cost 1,976 5,222 - 7,198
Valuation 458,556 58,427 - 516,983
TOTAL ART & LIBRARY COLLECTIONS 460,532 63,649 - 524,181
TOTAL LAND, BUILDING, PLANT & EQUIPMENT 631,477 68,619 (13) 700,083
Cost 17,239 7,986 (110) 25,115
Valuation 622,961 62,352 - 685,313
Depreciation 8,723 1,719 (97) 10,345
Written down value 631,477 68,619 (13) 700,083
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