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Notes to the Financial Statements
Washington H. Soul Pattinson and Company Limited
Annual Report 2016
106
Fixed Assets
25
Land Buildings
Plant,
fixtures,
motor
vehicles
Oil
producing
assets
Mining
reserves
and leases
Mine
develop-
ment
Total
Non-current assets
$’000
$’000
$’000
$’000
$’000
$’000
$’000
2015
At 1 August 2014
Cost
153,343
33,525
692,352
94,113
29,972
91,806
1,095,111
Accumulated depreciation/
amortisation and impairment
–
(10,146)
(334,855)
(3,039)
(8,181)
(37,364)
(393,585)
Net book amount
153,343
23,379
357,497
91,074
21,791
54,442
701,526
Year ended 31 July 2015
Opening net book amount
153,343
23,379
357,497
91,074
21,791
54,442
701,526
Additions
11,322
306
44,006
11,208
530
19,061
86,433
Transfers in/(out)
–
3,222
(4,155)
(489)
–
7,396
5,974
Disposal of assets
–
–
(352)
–
–
–
(352)
Impairment of assets
–
(5,180)
(33,905)
(51,456)
(5,677)
(31,583)
(127,801)
Depreciation/amortisation
charge
–
(1,261)
(58,018)
(2,993)
(2,989)
(15,816)
(81,077)
Closing net book amount
164,665
20,466
305,073
47,344
13,655
33,500
584,703
At 31 July 2015
Cost
164,665
37,053
731,851
104,832
30,502
118,263
1,187,166
Accumulated depreciation/
amortisation and impairment
–
(16,587)
(426,778)
(57,488)
(16,847)
(84,763)
(602,463)
Net book amount
164,665
20,466
305,073
47,344
13,655
33,500
584,703
Pledged assets
For the year ending 31 July 2015, none of the Group’s property, plant and equipment was pledged as security.
NOTE 25
PROPERTY, PLANT AND EQUIPMENT (continued)