Toowoomba Regional Council
Notes to the Financial Statements
for the year ended 30 June 2016
Note 9. Capital Expenses
Notes
2016
$'000
2015
$'000
12
3,267
(3,408)
-
141
-
882
223
644
(a) Loss on disposal of non-current assets
Proceeds from the Disposal of Property, Plant and Equipment
Less: Book Value of Property, Plant and Equipment Disposed
Loss on disposal of non-current assets
(b) Provision for restoration of land
17
Discount Rate Adjustment - Refuse Restoration
Discount Rate Adjustment - Quarry Rehabilitation
1,105
644
The discount rate adjustment to the quarry rehabilitation liability was adjusted
against expenses as there was an insufficient asset revaluation reserve in the
relevant asset class.
(c) Revaluation decrement
Downwards Revaluation of Property, Plant and Equipment
-
12
21
-
21
794
73
11
-
3,560
144
663
206
777
1,254
1,980
4,405
436
(d) Other capital expenses
Loss on Write-Off of Assets
Land
Site Improvements
Buildings
Plant and Equipment
Road and Bridge Network
Water
Sewerage
Drainage
Other Assets
TOTAL CAPITAL EXPENSES
878
13,425
2,124
14,090
page 20
156
CHAPTER 6 Financial report
TOOWOOMBA REGIONAL COUNCIL Annual Report 2015 - 2016