Parks Victoria - Annual Report 2009-10

NOTES TO THE FINANCIAL STATEMENTSFor The Financial Year Ended 30 June 201018 Property, Plant and Equipment – Non-current (continued)(c) Crown Land, Land and Land Improvements at fair value (continued)Land, & Land ImprovementsTotal Land and Land Improvements at fair value 46,922 46,763Total Crown Land, Land and Land Improvements 1,268,103 1,031,2442010$’0002009$’00019 Intangible assets – Non–currentComputer softwareGross carrying amountOpening balance – – – –Additions 7,481 7,481 –Closing balance 7,481 – 7,481 –2010$0002009$0002010$000Total2009$000Accumulated amortisation and impairmentOpening balance – – – –Amortisation expense 435 – 435 –Closing balance 435 – 435 –Net book value at end of financial year 7,046 – 7,046 –20 Other Non-Financial Assets – CurrentPrepayments 80 179Total Other Non-Financial Assets 80 1792010$’0002009$’00021 Payables – CurrentUnsecured Creditors and Accruals 21,094 19,255Total Payables 21,094 19,255Parks Victoria - Annual Report 2009-10 81