Department of Sustainability, Environment, Water, Population and Communities

Note 21B. Property, Plant and Equipment
Heritage and cultural:
Fair value	1,060		1,060
Total heritage and cultural	1,060		1,060
Other property, plant and equipment^1:
Fair value	505,388		490,987
Total other property, plant and equipment	505,388		490,987
Total property, plant and equipment	506,448		492,047

Other property, plant and equipment relates to the Departments 20% share in the River Murray Operations joint venture (Refer to Note 21E).

No indicators of impairment were found for property, plant and equipment. No property, plant or equipment is expected to be sold or disposed of within the next 12 months.

TABLE A: Reconciliation of the Opening and Closing Balances of Land and Property, Plant and Equipment (2012-13)
	Land	Other property, plant and equipment^2	Heritage and cultural^1, 2	Total^3
	$’000	$’000	$’000	$’000
As at 1 July 2012
Gross book value	1,467	490,987	1,060	493,514
Accumulated depreciation and impairment	-	-	-	-
Net book value 1 July 2012	1,467	490,987	1,060	493,514
Additions:
From jointly controlled assets in River Murray Operations JV	-	11,181	-	11,181
Revaluations and impairments recognised in other comprehensive income	-	3,220	12	3,232
Depreciation expense	-	-	(12)	(12)
Net book value 30 June 2013	1,467	505,388	1,060	507,915
Net book value as of 30 June 2013 represented by:
Gross book value	1,467	505,388	1,060	507,915
Accumulated depreciation and impairment	-	-	-	-
	1,467	505,388	1,060	507,915

1. Land and other property, plant and equipment that met the definition of a heritage and cultural item were disclosed in the heritage and cultural asset class.

2. Refer to Note 21B.

3. Total equals total land (Note 21A) plus total property, plant and equipment (Note 21B).

.

TABLE A (Cont'd): Reconciliation of the Opening and Closing Balances of Land and Property, Plant and Equipment (2011-12)
	Land	Other property, plant and equipment^2	Heritage and cultural^1, 2	Total^3
	$’000	$’000	$’000	$’000
As at 1 July 2011
Gross book value	1,467	423,045	1,059	425,571
Accumulated depreciation and impairment	-	-	-	-
Net book value 1 July 2011	1,467	423,045	1,059	425,571
Additions:
From jointly controlled assets in River Murray Operations JV	-	34,917	-	34,917
Revaluations and impairments recognised in other comprehensive income	-	33,025	13	33,038
Depreciation expense	-	-	(12)	(12)
Net book value 30 June 2012	1,467	490,987	1,060	493,514
Net book value as of 30 June 2012 represented by:
Gross book value	1,467	490,987	1,060	493,514
Accumulated depreciation and impairment	-	-	-	-
	1,467	490,987	1,060	493,514

1. Land and other property, plant and equipment that met the definition of a heritage and cultural item were disclosed in the heritage and cultural asset class.

2. Refer to Note 21B.

3. Total equals total land (Note 21A) plus total property, plant and equipment (Note 21B).

	2013		2012
	$'000		$'000
Note 21C. Intangibles
Water assets:
Purchased	2,486,239		2,132,667
Purchased - pending registration	72,559		157,126
Accumulated impairment losses^1	(696,250)		(352,956)
Total water assets	1,862,548		1,936,837
Computer software:
Internally developed – in progress	11,632		5,791
Internally developed – in use	1,012		-
Accumulated amortisation	(413)		-
Total computer software	12,231		5,791
Total intangibles	1,874,779		1,942,628