Page 42 - Annual Report 2018

Property, Plant aPnrodpEeqrutyip, Pmlaent and Equipment Property, PlantParnodpeErqtuy,ipPmlaennttand Equipment
Notes to the nancial statements (continued) Freehold land Freehold land - 607-,500 607,50-0
607-,500 607,500 60-7,500 607,500 742-,500 742,500
FreeholdlandFreeholdland Buildings Buildings Buildings Buildings
- 60-7,500 607,500- - 742-,500 742,50-0
●
• Level 2: The fair value of property, plant and equipment is based on a valuation performed by a third party quali ed valuer
●
Level2:The●fairLveavleule2o:fTphreofpaeirtvya,lpuleanotfapnrodpeqrutyi,ppmlaentaisnbdaesqeudipomneanvtailsuabtaisoendpoenrfaorvmaleudatbioynaptherirfdorpmaertdybqyualitfhieirdvpaalurteyrquusainligfiedvaluerusing Level2:The●ufasiiLrnevgvaeqlule2ot:oeTfdhperroficapeiersrvtfaoy,lrupseliamonfitlaparnoadpsseerqtusy,iipnpmlaenntatacintsidvbeeamqseuadirpkomente.antvaislubaatsioendpoenrafovramlueadtiboynaptehrifrodrmpaerdtybqyuaatlihfierdpvarlutyerqusailnifgiedvaluerusing
●
quoted prices foqrusoimteidlapr raicsseestfsoirnsaimn ialacrtiavsesmetasrikneat.n active market.
quoted pr•iceLsefvqoeurlos3itm:eTdihlapereiacsewssefrtoesrinsoiamfnaiilaracrvtailvsuesemtmsaeirnakseautn.reamcteivnetsmbayrtkhet.Level 3 fair value hierarchy.
Level 3: The●re wLervenl 3o:fTahirevraeluwemreenaosufareirmvealnutes bmyetahseurLemveln3tsfabiryvtahleueLehvielra3rfcahiyr.value hierarchy. Level3:The●rewLevreln3o:TfahierrvealwuermeneaosfuariermvaelunetsmbeyatshuereLemvenlt3sfbayirtvhaeluLevheielr3arfachiryv.aluehierarchy.
Note 20. Leases
●
For the year ended 30 June 2018
1,350,00-0 1,350,000-
1,350,00-0 1,350,000-
1,350-,000 1,35-0,000
1,350-,000 1,35-0,000
1,350,000 1,350,000
1,350,000 1,350,000
TotalassetsatfaTiortvaallausesetsatfairvalue Total assets at fTaoirtavlaalusseets at fair value
- 1,350-,000
Note 19. Fair value measurement (continued) Note 19. FaiNr voatelu1e9m. easuFareirmvealnute(cmoenatisnuredm) ent (continued)
Note 19. FaNirovtaelu1e9.measFuarier mvaelunet (mcoenatsiunuremd)ent (continued) At 30 June 2017At 30 June 2017
Level 1
LeLvevl e1l 2
LeLveevle2l 3
LevTeolt3al
Total
At 30 June 2017At 30 June 2017
Recurring fair vaRlueceumrreinagsufareirmvealnutes:measurements:
LevLelv1el 2
$ $$ $$ $$ $
RecurringfairvRaeluceurmrienagsfuariermvaelunetsm: easurements: Property, Plant aPnrodpEeqrutyip, Pmlaent and Equipment
Property, PlantParnodpeErqtuy,ipPmlaennttand Equipment
Freehold land Freehold land Freehold land Freehold land
-
440-,000 44-0,000
440,00-0
440-,000 44-0,000
440,000
Buildings Buildings Buildings Buildings
- 66-0,000
- 1,100-,000 - 1,10-0,000
- 1,100-,000 - 1,10-0,000
440,000- 660,000-
440,000 660-,000 660,000
TotalassetsatfaTiortvaallausesetsatfairvalue Total assets at fTaoirtavlaalusseets at fair value
1,100,00-0 1,100,000-
1,100,00-0 1,100,000-
1,100-,000 1,10-0,000
1,100-,000 1,10-0,000
1,100,000 1,100,000
1,100,000 1,100,000
There were no tTrahnesrefewrsebretnwoeternanLsefveerls1beatnwdeLenveLle2vedlu1rianngdthLevrelp2odrtuinrigngpetrhieodre. pThoerticnogmppearnioyd’s. pThoeliccyoims tpoanreyc’sopgnoilsiceytirsatnosfrercsoignntoiseantdransfers into and There were no transfers between Level 1 and Level 2 during the reporting period. The company’s policy is to recognise transfers
There were no TtrhaenrsefewrserbeentwoeterannLsefevresl b1eatnwdeeLenvLeelv2edl 1uraingd tLheeverel 2podrutirninggptehreiorde.pTohretincogmpepraionyd’.sTphoelicoymisptaonrye’csopgonlicsey itsratonsrfecros gintioseatnrdansfers into and ransfers out ofitfnraatiornasvfaneldrusetroahunitesrfoeafrsfcahoiyruvtleaovlfuefelasihraisvearalaturetcheyielrenavdreclohsyfatlsehvaeetrlstehpaeoseratntindtghoepfetnhrideodore.f pthoertrienpgoprteinrigodp.eriod.
transfers out oftrfanirsvfearlus eouhtieorfarfachiryvlaelvuelshaiesratrcthyelenvedlsoaf sthaet trhepeoerntidngofptehreiorde.porting period.
●
Level 1: The●fairLveavleule1o: fTahveafialairblvea-lfuoer-osaflaevfainilabnlceia-floars-saeltes ftirnaadnecdiainl aascsteitvsetmraadrekdetisniascbtaivsedmoanrktehtes iqsuboatseeddmoanrtkheet pqruicoeteadt mthaerkcelotsperice at the close • Level 1: The fair value of available-for-sale nancial assets traded in active markets is based on the quoted market price at
●
Level1:The●faiLrevvaelule1:oTfhaevafailiarbvlael-ufoero-sfaalevafilnaabnlec-iafolra-ssaeletsfitnradnecidalinasascettivsetrmadaerkdeitnsaisctbivaesemdaornketthseisqbuaostedomnatrhketqpuroictedatmthaerkceltopsericeattheclose of business atththeoefclbeonusdseinoefsbtshuaestinrtehpseoseratntindtghoepfetnrhideodore.f pthoertrienpgoprteinrigodp.eriod.
of business at tohfebeunsdinoefssthaet rthepeoerntidngofptehreiorde.porting period.
Note 20. LeaNsoetse 20. Leases Note 20. LeNasoetes 20. Leases
2018 20210817 2017 2018 20128017 2017 $$$$ $ $$ $
Operating leaseOcpoemramtintmg elenatse commitments Operating leaseOcpoemramtinitgmlenastse commitments
HeidelbeHregidDeisltbreicrtgCDoismtrmicutnCiotymEmnutenriptyrisEentLeimrpirtiesdeLimited
Non-cancellableNopne-cratnincegllaebalsesopcoenrattriancgteledafsoersbcuotnntroatccteapditfoalrisbeudt inotthceafpinitanlicsieadl in the financial Non-cancellablNe onp-ecrantcinegllalebaleseospceornatrinagctledasfeosr cbounttnraocttceadpfitoarlibseudt ninothceapfintalnisceidalin the financial tatements Payastbalete-mmeintismPuamyalbelaese- mpainyimeunmtsl:ease payments:
Notes toNtohteFsitnoanthceiaFl iSntantecmialeSntastements
statementsPaysatbatlem-menintsimPuaymableleas-empianyimuemntsle:asepayments:
23271,236,3815 2372,1236,8315 17358,268,6200 1753,8268,2600
41529,595,9015 4125,9595,0915
213,315 213,315 386,600 386,600
599,915 599,915
notlaterthan-1n2omtolanttehrsthan12months 237,268 - not later than-1n2omt loatnetrhtshan 12 months 237,268 between 12 m-obnethtws eaennd 152yemaorsnths and 5 years 175,282
for the yearfoerntdhedy3e0arJuenede2d01380 June 2018
-between12m-obnethwseaend152ymeaornsthsand5years 175,282 The East IvanhoTehleaEsaestisIvanohno-ecalenacselliasbalenloena-sceawncitehllabflievele-yaesaerwteitrhmawfihveic-hyeanrdtseromn 1wAhpicrhile2n0d2s1o. Rne1ntApril 2042112.,5R5e0nt
412,550
The HeidelbergTlheheaesEHeaeisitdaIevnlabonenhr-ogcealelneacasesleliasibsaleanlnoeonan-sc-ecaawnncictehellalabbflielveelel-eyaessaeerwteiitrhmawf ihveic-yhyeanrrdttesermromnw1whJhicuihclyhe2ne0dn1sd9so.noRn1en1AtpJiursily2200219. .RReennt tisispayable monthly.
s payable montihs lpy.ayable monthly.
The Heidelberg lease is a non-cancellable lease with a ve-year term which ends on 1 July 2019. Rent is payable monthly.
payable monthlpy.ayable monthly.
Note 21. Auditor’s remuneration
Note 21. AuNdoittoer'2s1r.emunAeurdaittiorn's remuneration
Amounts receivAemd our ndtusereacnedivredceoivradbule bayndthreceivable by the auditor of the caoumdpitaonryofotrh: e company for:
audit and revie-wausdeirtvaicnedsreview services non audit serv-icneosn audit services
Note 22. DirNeoctoer2a2n.d relDaitredctpoarratyndirseclaotseudrepsarty disclosures Key ManagemeKnetyPeMrsaonnangelmRenmtuPneersroatninoenl Remuneration
5,600 3,720
9,320
5,650,0500 3,742,0418
9,392,0918
5,500 4,418
9,918
40.
Directors' RemuDniereractoiorns' Remuneration
35,250 35,3205,0500 30,500 35,250 35,3205,0500 30,500
- 74-2,500
- 1,350-,000 - 1,35-0,000
742,500-
74-2,500
742,500
-
Level 1 $$$$$$$$
1,35-0,000
-
- 660-,000 660,00-0
LevLelv2el 3
LeveTlo3tal
Total
20210817 2018 Annual Report
2018 $$$$
66-0,000
660,000
2017