Credit terms for services were within 30 days (2015: 30 days). There have been no movements in the impairment allowance account in the current or previous reporting period. Accounting Policy Receivables Receivables are measured at amortised cost using the effective interest method less impairment. Note 2.1C: Other Financial Assets Accommodation bond 3 – other financial assets 3 – Other financial assets expected to be recovered: More than 12 months 3 – other financial assets 3 – Note 2.2: Non-Financial Assets Note 2.2A: Reconciliation of the Opening and Closing Balances of Infrastructure, Plant and Equipment and Intangibles Computer, & Computer, equipment – plant & work in Leasehold equipment progress improvements $’000 $’000 $’000 $’000 Reconciliation of the opening and closing balances of infrastructure, plant and equipment for 2016 As at 1 July 2015 Gross book value 3,550 218 3,768 – Accumulated depreciation, amortisation and impairment – – – – Total as at 1 July 2015 3,550 218 – – Additions: Purchase 162 63 225 – Revaluations and impairments recognised in comprehensive income 25 25 – – Depreciation and amortisation (610) (135) (744) – as at 30 June 2016 3,102 108 63 3,274 Total as at 30 June 2016 represented by: book value 3,102 108 63 3,274 Accumulated depreciation, amortisation and impairment – – – – Total as at 30 June 2016 3,102 108 63 3,274
Credit terms for services were within 30 days (2015: 30 days). There have been no movements in the impairment allowance account in the current or previous reporting period. Accounting Policy Receivables Receivables are measured at amortised cost using the effective interest method less impairment. Note 2.1C: Other Financial Assets Accommodation bond – 3 other financial assets – 3 Other financial assets expected to be recovered: More than 12 months – 3 other financial assets – 3 Note 2.2: Non-Financial Assets Note 2.2A: Reconciliation of the Opening and Closing Balances of Infrastructure, Plant and Equipment and Intangibles Leasehold improvements $’000 Computer, plant & equipment $’000 Computer, & equipment – work in progress $’000 $’000 Reconciliation of the opening and closing balances of infrastructure, plant and equipment for 2016 As at 1 July 2015 Gross book value 3,550 218 – 3,768 Accumulated depreciation, amortisation and impairment – – – – Total as at 1 July 2015 3,550 218 – – Additions: Purchase 162 – 63 225 Revaluations and impairments recognised in comprehensive income – 25 – 25 Depreciation and amortisation (610) (135) – (744) as at 30 June 2016 3,102 108 63 3,274 Total as at 30 June 2016 represented by: book value 3,102 108 63 3,274 Accumulated depreciation, amortisation and impairment – – – – Total as at 30 June 2016 3,102 108 63 3,274
AHRC%20Annual%20Report%202015-2016.docx