Disclosure non-financial assets and liabilities example
The guidance for this disclosure example is provided here.
8 Non-financial assets and liabilities
This note provides information about the group’s non-financial assets and liabilities, including:
- specific information about each type of non-financial asset and non-financial liability
- property, plant and equipment (note 8(a))
- leases (note 8(b))
- investment properties (note 8(c))
- intangible assets (note 8(d))
- deferred tax balances (note 8(e))
- inventories (note 8(f))
- other assets, including assets classified as held for sale (note 8(g))
- employee benefit obligations (note 8(h))
- provisions (note 8(i))
- accounting policies
- information about determining the fair value of the assets and liabilities, including judgements and estimation uncertainty involved (note 8(j)).
8(a) Property, plant and equipment
|
Amounts in CU’000 |
Freehold land |
Buildings |
Furniture, fittings and equipment |
Machinery and vehicles |
Assets under construction |
Total |
|
At 1 January 2019 |
||||||
|
Cost or fair value |
11,350 |
28,050 |
27,510 |
70,860 |
– |
137,770 |
|
Accumulated depreciation |
– |
– |
-7,600 |
-37,025 |
– |
-44,625 |
|
Net carrying amount |
11,350 |
28,050 |
19,910 |
33,835 |
– |
93,145 |
|
Movements in 2019 |
||||||
|
Exchange differences |
– |
– |
-43 |
-150 |
– |
-193 |
|
Revaluation surplus |
2,700 |
3,140 |
– |
– |
– |
5,840 |
|
Additions |
2,874 |
1,490 |
2,940 |
4,198 |
3,100 |
14,602 |
|
Assets classified as held for sale and other disposals |
-424 |
– |
-525 |
-2,215 |
– |
3,164 |
|
Depreciation charge |
– |
-1,540 |
-2,030 |
-4,580 |
– |
8,150 |
|
Closing net carrying amount |
16,500 |
31,140 |
20,252 |
31,088 |
3,100 |
102,080 |
|
At 31 December 2019 |
||||||
|
Cost or fair value |
16,500 |
31,140 |
29,882 |
72,693 |
3,100 |
153,315 |
|
Accumulated depreciation |
– |
– |
-9,630 |
-41,605 |
– |
-51,235 |
|
Net carrying amount |
16,500 |
31,140 |
20,252 |
31,088 |
3,100 |
102,080 |
|
Movements in 2020 |
||||||
|
Exchange differences |
– |
– |
-230 |
-570 |
– |
-800 |
|
Revaluation surplus |
3,320 |
3,923 |
– |
– |
– |
7,243 |
|
800 |
3,400 |
1,890 |
5,720 |
– |
11,810 |
|
|
Additions |
2,500 |
2,682 |
5,313 |
11,972 |
3,450 |
25,917 |
|
Assets classified as held for sale and other disposals |
-550 |
– |
-5,985 |
-1,680 |
– |
-8,215 |
|
Transfers |
– |
– |
950 |
2,150 |
-3,100 |
– |
|
Depreciation charge |
– |
-1,750 |
-2,340 |
-4,380 |
– |
-8,470 |
|
Impairment loss (ii) |
– |
-465 |
-30 |
-180 |
– |
-675 |
|
Closing net carrying amount |
22,570 |
38,930 |
19,820 |
44,120 |
3,450 |
128,890 |
|
At 31 December 2020 |
||||||
|
Cost or fair value |
22,570 |
38,930 |
31,790 |
90,285 |
3,450 |
187,025 |
|
Accumulated depreciation |
– |
– |
-11,970 |
-46,165 |
– |
-58,135 |
|
Net carrying amount |
22,570 |
38,930 |
19,820 |
44,120 |
3,450 |
128,890 |
(i) Non-current assets pledged as security
Refer to note 24 for information on non-current assets pledged as security by the group.
(ii) Impairment loss and compensation
The impairment loss relates to assets that were damaged by a fire – refer to note 4(b) for details. The whole amount was recognised as administrative expense in profit or loss, as there was no amount included in the asset revaluation surplus relating to the relevant assets. [IAS 36.130(a)]
asset signals that the sponsor can benefit from the asset in the future. However, unlike other types of assets,