Furniture, fixtures Useful Life and fittings Cost Per Unit Leasehold Depreciated replacement cost improvements Useful Life Cost Per Unit Motor Vehicles Depreciated replacement cost Useful Life Cost Per Unit Office machines Depreciated replacement cost equipment Useful Life Unobservable inputs to level 3 valuations for the current and prior years. Note 10. Intangible assets 2016 2015 $’000 $’000 Software at cost 8,308 8,330 Less: accumulated amortisation (4,391) (3,673) 3,917 4,657 Reconciliation Reconciliations of the carrying amounts of each class of intangible assets at the beginning and end of the current and previous financial year are set out in the following table. 2016 2015 $’000 $’000 Software Carrying amount at beginning of year 4,657 5,459 Additions 58 22 Amortisation (799) (824) Carrying amount at end of year 3,917 4,657 Note 11. Payables 2016 2015 $’000 $’000 Current Unsecured Case-related professional creditors 14,877 13,249 Trade creditors 4,267 2,813 GST payable 3,933 3,363 Monies held in trust 1,821 2,034 24,898 21,459 The average credit period for creditors is 30 days. No interest is charged.
Furniture, fixtures and fittings Useful Life Leasehold improvements Depreciated replacement cost Cost Per Unit Useful Life Motor Vehicles Depreciated replacement cost Cost Per Unit Useful Life Office machines equipment Depreciated replacement cost Cost Per Unit Useful Life Unobservable inputs to level 3 valuations for the current and prior years. Note 10. Intangible assets 2016 $’000 2015 $’000 Software at cost 8,308 8,330 Less: accumulated amortisation (4,391) (3,673) 3,917 4,657 Reconciliation Reconciliations of the carrying amounts of each class of intangible assets at the beginning and end of the current and previous financial year are set out in the following table. 2016 $’000 2015 $’000 Software Carrying amount at beginning of year 4,657 5,459 Additions 58 22 Amortisation (799) (824) Carrying amount at end of year 3,917 4,657 Note 11. Payables 2016 $’000 2015 $’000 Current Unsecured Case-related professional creditors 14,877 13,249 Trade creditors 4,267 2,813 GST payable 3,933 3,363 Monies held in trust 1,821 2,034 24,898 21,459 The average credit period for creditors is 30 days. No interest is charged.
vla-annual-report-2015-16-accessible-version.docx