8 Property, Plant and Equipment

  Lease-hold
improvements
$000
Motor
vehicles
$000
Computer
hardware
$000
Plant &
equipment
$000
Furniture
& fittings
$000
Work in
progress
$000
Total
$000
Cost or valuation
Balance at 1 July 2006 5,028 361 4,098 1,013 1,108 419 12,027
Revaluation increase
Additions 54 90 3,513 21 627 4,305
Disposals (3,506) (304) (1,176) (788) (677) (6,457)
Balance at 30 June 2007 1,576 147 6,435 225 452 1,046 9,881
Balance at 1 July 2007 1,576 147 6,435 225 452 1,046 9,881
Revaluation increase
Additions 3,576 139 1,532 470 693 1,622 8,032
Disposals (34) (40) (67) (141)
Balance at 30 June 2008 5,152 252 7,967 655 1,078 2,668 17,772
Accumulated depreciation and impairment losses
Balance at 1 July 2006 (4,269) (323) (2,031) (933) (913) (8,469)
Depreciation charge for the year (213) (18) (1,190) (24) (49) (1,494)
Impairment losses
Reversal of impairment losses
Disposals 3,507 304 705 788 676 5,980
Balance at 30 June 2007 (975) (37) (2,516) (169) (286) (3,983)
Balance at 1 July 2007 (975) (37) (2,516) (169) (286) (3,983)
Depreciation charge for the year (206) (25) (1,022) (21) (49) (1,323)
Impairment losses
Reversal of impairment losses
Additions (3,487) (129) (779) (430) (610) (5,435)
Balance at 30 June 2008 (4,668) (191) (4,317) (620) (945) 0 (10,741)
Carrying amounts
At 1 July 2006 759 38 2,067 80 195 419 3,558
At 30 June 2007 601 110 3,919 56 166 1,046 5,898
At 1 July 2007 601 110 3,919 56 166 1,046 5,898
At 30 June 2008 485 61 3,650 35 133 2,668 7,031

Impairment

There has been no impairment to property, plant and equipment during the financial year (2007: nil).