City Care Performance report 2006 Page 46
4
2006
$000's
2005
$000's
8. Property, plant and equipment
Land (at valuation)
4,550
-
Buildings (at cost)
807
4
Accumulated depreciation
(188)
(111)
Net book value
619
34
Plant and equipment (at cost)
6,008
,
Accumulated depreciation
(2,990)
(2,04)
Net book value
3,018
2,
Motor vehicles (at cost)
22,593
21,20
Accumulated depreciation
(10,055)
(8,80)
Net book value
12,538
12,44
Leased motor vehicles (at cost)
1,476
Accumulated depreciation
(376)
(201)
Net book value
1,100
3
Furniture and fixtures (at cost)
570
41
Accumulated depreciation
(343)
(24)
Net book value
227
23
Computer equipment and software (at cost)
3,492
2,0
Accumulated depreciation
(2,013)
(1,41)
Net book value
1,479
1,0
Total property, plant and equipment
23,531
1,2
Total for all asset classes
At valuation
4,550
-
At cost
34,946
31,42
Accumulated depreciation
(15,965)
(13,2)
Carrying value
23,531
1,2
The land located at 1-22 Springs Road Christchurch was valued as at 1 July 200 by Fright Aubrey Christchurch,
independent registered valuers. The land has been valued at market value which, in this instance is consistent with
fair value.
The depreciation charge for the year is made up as follows:
Buildings
76
2
Plant and equipment
750
21
Motor vehicles
2,221
2,04
Leased motor vehicles
175
201
Furniture and fittings
87
2
Computer equipment and software
564
03
3,873
3,484
