City of Melbourne Annual Report 2008-09
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City of Melbourne 2009/10 Annual Report
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City of Melbourne
Financials 2008-09
Prepared in accordance with the Local Government Act 1989, Local Government Regulations 2001, and applicable Australian Accounting Standards.
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Notes
For the year ended 30 June 2009
Note 16a. Gains/(loss) on sale of fixed and intangible assets
     
  Consolidated Council
  2009 2008 2009 2008
  $'000 $'000 $'000 $'000
Land and Buildings        
Proceeds from Sales 0 9,828 0 9,828
Carrying amount of assets sold (2,751) (4,870) (2,751) (4,870)
Gain/(Loss) on Sale (2,752) 4,958 (2,752) 4,958
Plant, Equipment and Infrastructure        
Proceeds from Sales 1,420 846 1,420 846
Carrying amount of assets sold/disposed (1,316) (836) (1,018) (923)
Gain/(Loss) on Sale 105 10 402 (77)
Computer Software        
Proceeds from Sales - - - -
Carrying amount of assets sold/disposed - - - -
Gain/(Loss) on Sale - - - -
Total Proceeds from Sale of Assets 1,420 10,674 1,420 10,674
Total Carrying amount of Assets Sold (4,067) (5,706) (3,769) (5,793)
Total Gain/(Loss) on Sale (2,647) 4,968 (2,349) 4,880
© City of Melbourne 2009