66

  

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McPHERSON’S LIMITED

 ANNUAL REPORT 2015

NOTE 15.   PROPERTY, PLANT AND EQUIPMENT

2015

$’000

2014

$’000

Leasehold improvements:

At cost

278

295

Accumulated amortisation

(230)

(232)

Total leasehold improvements

48

63

Plant and equipment:

At cost

29,535

31,111

Accumulated depreciation

(24,082)

(25,134)

Total plant and equipment

5,453

5,977

Total property, plant and equipment

5,501

6,040

(A) RECONCILIATIONS

LEASEHOLD  

IMPROVEMENTS

PLANT AND 

EQUIPMENT

TOTAL

$’000

$’000

$’000

Carrying amount at 30 June 2013

63

7,604

7,667

Additions

5

1,400

 1,405

Acquisition of businesses

-

5

5

Assets classified as held for sale 

-

(428)

(428)

Disposals

-

(200)

(200)

Depreciation expense

(11)

(2,491)

(2,502)

Foreign currency exchange differences

6

87

93

Carrying amount at 30 June 2014

63

5,977

6,040

Additions

-

1,969

1,969

Assets classified as held for sale 

-

(78)

(78)

Disposals

(8)

(131)

(139)

Depreciation expense

(4)

(2,252)

(2,256)

Foreign currency exchange differences

(3)

(32)

(35)

Carrying amount at 30 June 2015

48

5,453

5,501

During the year the Group transferred $78,000 of fixed assets ($479,000 cost, net of $401,000 accumulated depreciation) to assets held for sale. 

Refer to Note 14 for further information.

(B) NON-CURRENT ASSETS PLEDGED AS SECURITY

Refer to Note 21 for information on non-current assets pledged as security by the parent entity and certain controlled entities. 

NOTE 16.   INTANGIBLE ASSETS

2015

$’000

2014

$’000

Goodwill

34,764

37,464

Brandnames

52,153

49,259

Other intangibles

7,511

6,194

Accumulated amortisation

(5,010)

(4,651)

Total other intangibles

2,501

1,543

Total intangibles

89,418

88,266

NOTES TO AND FORMING PART OF THE  

CONSOLIDATED FINANCIAL STATEMENTS CONTINUED