Annual Report 2017

10 Property, plant and equipment Details of the Company’s property, plant and equipment and their carrying amount are as follows:

11 Intangible assets Details of the Company’s intangible assets and their carrying amount are as follows:

Buildings Fit out

Plant & equipment

Total

Software

Total

$

$

$

$

$

Balance 1 Jan 2017

198,257 185,874

384,131 12,185

Balance 1 Jan 2017

64,984 27,592

64,984 27,592

Additions Disposals

- -

12,185

Additions Disposals

-

-

-

-

Balance 31 Dec 2017 Depreciation and impairment Balance 1 Jan 2017

198,257 198,059

396,316

Balance 31 Dec 2017 Depreciation and impairment Balance 1 Jan 2017

92,576

92,576

67,125 95,249

162,374

10,193

10,193

Disposals

-

-

-

Disposals

-

-

Depreciation

40,211 23,761 107,336 119,010

63,972 226,346

Depreciation

18,255 28,448

18,255 28,448

Balance 31 Dec 2017 Carrying amount 31 December 2017

Balance 31 Dec 2017 Carrying amount 31 December 2017

90,921 79,049

169,970

64,128

64,128

Balance 1 Jan 2016

198,257 179,673

377,930 13,252

Balance 1 Jan 2016

25,502 39,482

25,502 39,482

Additions Disposals

- -

13,252 (7,051)

Additions Disposals

(7,051)

-

-

Balance 31 Dec 2016 Depreciation and impairment Restated Balance 1 January 2016 (note 26)

198,257 185,874

384,131

Balance 31 Dec 2016 Depreciation and impairment Balance 1 January 2016

64,984

64,984

- -

- -

26,914 78,081

104,995

Disposals

Depreciation

10,193 10,193

10,193 10,193

Disposals

-

(6,912)

(6,912) 64,291 162,374

Balance 31 Dec 2016 Carrying amount 31 December 2016

Depreciation

40,211 24,080 67,125 95,249

54,791

54,791

Balance 31 Dec 2016 Carrying amount 31 December 2016

131,132 90,625

221,757

All amortisation are included within depreciation and amortisation.

All depreciation and impairment charges (or reversals if any) are included within “depreciation and amortisation” and “impairment of non-financial assets”.

12 Other assets Other assets consist the following:

2017

2016

$

$

Current Prepayments

169,127 165,392 30,349 245,132 195,791 76,005

Accrued income

13 Trade and other Payables Trade and other payables recognised consist of the following:

2017

2016

$

$

Current - unsecured Trade payables

193,076 215,681 499,092 160,971 692,168 376,652

Other creditors and accruals

All above liabilities are short-term. The carrying values are considered to be a reasonable approximation of fair value.

24 2017 ANNUAL REPORT Speech Pathology Australia