Impairments recognised in net cost of services (30) (30) – – Depreciation and amortisation (189) (101) (87) (377) Disposal (1) (1) – – Net book value 30 June 2014 796 264 94 1,154 – Net book value as of 30 June 2014 represented by: Gross book value 796 264 193 1,253 Revaluation recognised in asset revaluation – – – – reserve Accumulated depreciation and impairment (99) (99) – – Net book value 30 June 2014 796 264 94 1,154 NOTE 6F: OTHER NON-FINANCIAL ASSETS 2015 2014 $’000 $’000 Prepayments 48 44 Total other non-financial assets 48 44 Other non-financial assets expected to be recovered 44 No more than 12 months 48 Total other non-financial assets 48 44 No indicators of impairment were found for other non-financial assets. Note 7: Fair value measurements The following tables provide an analysis of assets and liabilities that are measured at fair value. The different levels of the fair value hierarchy are defined below. Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity Level 1: can access at measurement date. Inputs other than quoted prices included within Level 1 that are observable for the asset or Level 2: liability, either directly or indirectly. Level 3: Unobservable inputs for the asset or liability. NOTE 7A: FAIR VALUE MEASUREMENTS, VALUATION TECHNIQUES AND INPUTS USED Fair value measurements at the end of the reporting period3 2015 2014 Category $’000 $’000 1, 2 or 3)4 Non-financial assets Leasehold improvements 596 796 3 Property, plant and equipment 348 264 2 Total non-financial assets 944 1,060 Assets not measured at fair value in the statement of financial position: Non-financial assets1 – –
Impairments recognised in net cost of services – (30) – (30) Depreciation and amortisation (189) (101) (87) (377) Disposal – (1) – (1) Net book value 30 June 2014 796 264 94 1,154 Net book value as of 30 June 2014 represented by: – Gross book value 796 264 193 1,253 Revaluation recognised in asset revaluation reserve – – – – Accumulated depreciation and impairment – – (99) (99) Net book value 30 June 2014 796 264 94 1,154 NOTE 6F: OTHER NON-FINANCIAL ASSETS 2015 $’000 2014 $’000 Prepayments 48 44 Total other non-financial assets 48 44 Other non-financial assets expected to be recovered No more than 12 months 48 44 Total other non-financial assets 48 44 No indicators of impairment were found for other non-financial assets. Note 7: Fair value measurements The following tables provide an analysis of assets and liabilities that are measured at fair value. The different levels of the fair value hierarchy are defined below. Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at measurement date. Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3: Unobservable inputs for the asset or liability. NOTE 7A: FAIR VALUE MEASUREMENTS, VALUATION TECHNIQUES AND INPUTS USED Fair value measurements at the end of the reporting period3 2015 $’000 2014 $’000 Category 1, 2 or 3)4 Non-financial assets Leasehold improvements 596 796 3 Property, plant and equipment 348 264 2 Total non-financial assets 944 1,060 Assets not measured at fair value in the statement of financial position: Non-financial assets1 – –
annual_report_2015.docx