66
McPHERSON’S LIMITED
ANNUAL REPORT 2015
NOTE 15. PROPERTY, PLANT AND EQUIPMENT
2015
$’000
2014
$’000
Leasehold improvements:
At cost
278
295
Accumulated amortisation
(230)
(232)
Total leasehold improvements
48
63
Plant and equipment:
At cost
29,535
31,111
Accumulated depreciation
(24,082)
(25,134)
Total plant and equipment
5,453
5,977
Total property, plant and equipment
5,501
6,040
(A) RECONCILIATIONS
LEASEHOLD
IMPROVEMENTS
PLANT AND
EQUIPMENT
TOTAL
$’000
$’000
$’000
Carrying amount at 30 June 2013
63
7,604
7,667
Additions
5
1,400
1,405
Acquisition of businesses
-
5
5
Assets classified as held for sale
-
(428)
(428)
Disposals
-
(200)
(200)
Depreciation expense
(11)
(2,491)
(2,502)
Foreign currency exchange differences
6
87
93
Carrying amount at 30 June 2014
63
5,977
6,040
Additions
-
1,969
1,969
Assets classified as held for sale
-
(78)
(78)
Disposals
(8)
(131)
(139)
Depreciation expense
(4)
(2,252)
(2,256)
Foreign currency exchange differences
(3)
(32)
(35)
Carrying amount at 30 June 2015
48
5,453
5,501
During the year the Group transferred $78,000 of fixed assets ($479,000 cost, net of $401,000 accumulated depreciation) to assets held for sale.
Refer to Note 14 for further information.
(B) NON-CURRENT ASSETS PLEDGED AS SECURITY
Refer to Note 21 for information on non-current assets pledged as security by the parent entity and certain controlled entities.
NOTE 16. INTANGIBLE ASSETS
2015
$’000
2014
$’000
Goodwill
34,764
37,464
Brandnames
52,153
49,259
Other intangibles
7,511
6,194
Accumulated amortisation
(5,010)
(4,651)
Total other intangibles
2,501
1,543
Total intangibles
89,418
88,266
NOTES TO AND FORMING PART OF THE
CONSOLIDATED FINANCIAL STATEMENTS CONTINUED