Page 67

S E C T I O N 1 2 : Our Financial Review

ALLIANCE ANNUAL REP ORT 2018

B . O P E R AT I N G A S S E T S IN THIS SECTION This section shows the assets Alliance uses in the processing of red meat products supplied by our New Zealand farmers in order to generate operating revenues. Key revenue generating assets include: – property, plant and equipment; – inventories; –

intangible assets.

B1

P R O P E RT Y, P L A N T A N D E Q U I P M E N T

Land Group

Buildings

Plant and equipment

$000

$000

25,677 -

124,861 6,182 -

398,087 30,499 109 (454) 13

27,955 (36,681) 30,537 -

Balance at 30 September 2017

25,677

131,043

428,254

21,811

606,785

Balance at 1 October 2017

25,677

131,043

428,254

21,811

606,785

-

1,326

18,059

(19,385)

18 (5,316) -

307 (8,206) 17

32,285 -

32,610 (13,941) 17

34,711

625,471

Additions Disposals Effect of movements in exchange rates Balance at 30 September 2018

(419) -

$000

Total

Cost Balance at 1 October 2016 Transfers from capital work-in-progress Additions Disposals Effect of movements in exchange rates

Transfers from capital work-in-progress

$000

Work in progress

$000 576,580 30,646 (454) 13

-

25,258

127,071

438,431

Depreciation and impairment losses Balance at 1 October 2016 Depreciation Provision for writedown Disposals Effect of movements in exchange rates

68 -

76,639 2,259 -

292,531 15,379 (63) (404) 2

-

369,170 17,638 5 (404) 2

Balance at 30 September 2017

68

78,898

307,445

-

386,411

Balance at 1 October 2017 Depreciation Provision for writedown Disposals Effect of movements in exchange rates

68 10 -

78,898 2,299 (4,622) -

307,445 16,449 (6,767) 5

124 -

Balance at 30 September 2018

78

76,575

317,132

124

393,909

25,677 25,609 25,180

48,222 52,145 50,496

105,556 120,809 121,299

27,955 21,811 34,587

207,410 220,374 231,562

Net book value Balance at 1 October 2016 Balance at 30 September 2017 Balance at 30 September 2018

386,411 18,882 (11,389) 5

63

Profile for alliance12

Annual Report 2018  

Annual Report 2018