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 continued<br />
Historical cost <strong>of</strong> revalued assets<br />
If assets were measured using the cost model, the carrying amounts would be as follows:<br />
2011<br />
$’000<br />
2010<br />
$’000<br />
System assets<br />
At cost 3,397,038 3,017,519<br />
Less accumulated depreciation (622,797) (501,363)<br />
Total system assets 2,774,241 2,516,156<br />
Land and buildings<br />
At cost 306,473 292,031<br />
Less accumulated depreciation (49,102) (45,730)<br />
Total land and buildings 257,371 246,301<br />
Plant and equipment<br />
At cost 250,277 242,921<br />
Less accumulated depreciation (150,408) (138,094)<br />
Total plant and equipment 99,869 104,827<br />
Total property, plant and equipment 3,131,481 2,867,284<br />
74