|
21.
Property, plant, equipment and vehicles
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| 2004 |
Fair
value
$000
|
Accumlated
depreciation
$000
|
Carrying
amount
at 30
June 2004
$000 |
Fair value
has been determined on the basis of engineering expert valuation,
or Valuer General’s Office, or latest prices in the market
for equivalent assets as at 1 July 2003. Additions during
the year have been included at cost.
Reconciliations
of the carrying amounts of property, plant, equipment and
vehicles at the beginning and end of the current financial
year are set out below.
|
Reconciliations
|
| 2004 |
Carrying
amount at
the start
of the year
$000 |
Non
reciprocal
transfers
from govt
agencies*
$000 |
Additions
at cost
$000 |
Disposals
$000 |
Depreciation
$000 |
Carrying
amount at
the end of
the year
$000 |
*
Following the establishment of the PTA on 1 July 2003, all
assets transferred from WAGRC and Transperth assets from DPI
are recorded at fair value, as required by Treasurer’s
Instruction 955.
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