Territory Stories

Annual Report 2015 Motor Accidents (Compensation) Commission (MACC)

Details:

Title

Annual Report 2015 Motor Accidents (Compensation) Commission (MACC)

Other title

Tabled paper 1556

Collection

Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT

Date

2015-11-19

Description

Deemed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C01622

Parent handle

https://hdl.handle.net/10070/273151

Citation address

https://hdl.handle.net/10070/799706

Page content

Northern Territory Motor Accidents (Compensation) Commission Notes to the Financial Statements - 30 June 2015Annual Report 2015 Page 59 Motor Accidents (Compensation) Commission Notes to the Financial Statements 30 June 2015 Motor Accidents (Compensation) Commission Annual Report 2014/2015 45 16. Property, plant and equipment MACC Freehold land and buildings Deferred lease incentives Plant and equipment Work in progress Total $000 $000 $000 $000 $000 At 1 July 2013, net of accumulated depreciation 44,725 18 3,079 6 47,828 Additions - - 380 648 1,028 Increase in fair value of owner occupied property (491) - - - (491) Disposals - - (109) - (109) Depreciation charges for the year (734) - (476) - (1,210) At 30 June 2014, net of accumulated depreciation 43,500 18 2,874 654 47,046 Additions - - 784 - 784 Disposals - - (45) - (45) Depreciation charges for the year - - (442) - (442) Transfers to PPE/Intangibles from WIP - - - (342) (342) Reclassified to Investment Property (43,500) - - - (43,500) Transfers to Statement of Profit or Loss and Other Comprehensive Income - (18) - - (18) Balance transferred to owner (Note 36) - - (3,171) (312) (3,483) At 30 June 2015, net of accumulated depreciation - - - - - At 30 June 2014 Cost or fair value 43,500 18 8,566 654 52,738 Accumulated depreciation - - (5,692) - (5,692) Net carrying amount 43,500 18 2,874 654 47,046 At 30 June 2015 Cost or fair value - - - - - Accumulated depreciation - - - - - Net carrying amount - - - - -


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