Note 15. Depreciation and Amortisation
|Plant and Equipment||10,952||11,291|
|Total Depreciation and Amortisation||53,014||28,929|
Change in Depreciation Due to De-recognition of Components of Buildings
Depreciation was accelerated to de-recognise part of the original Women and Children’s Hospital and Tuggeranong Health Centre which were partially demolished for reconstruction and The Canberra Hospital Psychiatric Unit building and The Canberra Hospital Tower Block level 5 which are planned to undergo significant refurbishment work. As a result depreciation expenses increased by $22.1 million in the current accounting period.
a) The increase mainly relates to accelerating the depreciation for the original Women and Children’s Hospital ($16.1 million) and Tuggeranong Health Centre ($1.4 million) which were partially demolished for reconstruction and for the Canberra Hospital Psychiatric Unit building ($1.9 million) and the Canberra Hospital Tower Block level 5 ($2.7 million) which are planned to undergo significant refurbishment work. The addition of new buildings, namely the Centenary Hospital for Women and Children, Gungahlin Community Health Centre and Cancer Patient Accommodation property in Duffy have also contributed to this increase.
b) The increase is mainly due to additional leasehold improvements at Village Creek Centre and 1 Moore Street.