Endeavour Energy Annual Performance Report - Parliament of New ...
Endeavour Energy Annual Performance Report - Parliament of New ...
Endeavour Energy Annual Performance Report - Parliament of New ...
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09<br />
Financial<br />
statements<br />
Notes to the Financial Statements<br />
For the year ended 30 June 2011<br />
12 property Plant and Equipment<br />
System<br />
assets<br />
$’000<br />
Land &<br />
buildings<br />
$’000<br />
Plant &<br />
equipment<br />
$’000<br />
Under<br />
construction<br />
$’000<br />
Total<br />
$’000<br />
Gross carrying amount<br />
Balance at 1 July 2009 7,288,430 396,594 232,033 377,034 8,294,091<br />
Transfer opening balance to intangible assets – – – (15,956) (15,956)<br />
Additions 286,938 24,142 19,244 403,047 733,371<br />
Disposals (2,170) (557) (8,304) – (11,031)<br />
Transfers – – – (286,158) (286,158)<br />
Transfer to assets held for sale – (4,800) – – (4,800)<br />
Revaluation 678,075 (47,238) – – 630,837<br />
Balance at 30 June 2010 8,251,273 368,141 242,973 477,967 9,340,354<br />
Balance at 1 July 2010 8,251,273 368,141 242,973 477,967 9,340,354<br />
Additions 382,979 14,600 20,090 470,854 888,523<br />
Disposals (3,459) (158) (12,735) – (16,352)<br />
Transfers – – – (355,250) (355,250)<br />
Revaluation 4,219,869 871 – – 4,220,740<br />
Balance at 30 June 2011 12,850,662 383,454 250,328 593,571 14,078,015<br />
Depreciation<br />
Balance at 1 July 2009 3,111,016 274 120,517 – 3,231,807<br />
Depreciation for the year 106,780 3,036 23,386 – 133,202<br />
Disposals (414) (1) (5,808) – (6,223)<br />
Revaluation 11,523 (2,999) – – 8,524<br />
Balance at 30 June 2010 3,228,905 310 138,095 – 3,367,310<br />
Balance at 1 July 2010 3,228,905 310 138,095 – 3,367,310<br />
Depreciation for the year 122,337 3,375 21,687 – 147,399<br />
Disposals (903) – (9,374) – (10,277)<br />
Revaluation 2,976,870 (1,001) – – 2,975,869<br />
Balance at 30 June 2011 6,327,209 2,684 150,408 – 6,480,301<br />
Impairment losses<br />
Balance at 1 July 2009 1,392,794 – – – 1,392,794<br />
Additional impairment recognised during the year 304,517 – – – 304,517<br />
Balance at 30 June 2010 1,697,311 – – – 1,697,311<br />
Balance at 1 July 2010 1,697,311 – – – 1,697,311<br />
Additional impairment recognised during the year 1,188,462 – – – 1,188,462<br />
Balance at 30 June 2011 2,885,773 – – – 2,885,773<br />
72