IGO Interactive Annual Report 2019

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 30 JUNE 2019 Notes to the consolidated financial statements 30 June 2019 (continued) Invested Capital This section of the notes provides further information about property, plant and equipment, mine properties and exploration and evaluation expenditure and the carrying amount of these non-financial assets, including accounting policies, key judgements and estimates relevant to understanding these items. 13 Property, plant and equipment Land and buildings $'000 Mining plant and equipment $'000 Furniture, fittings and other equipment $'000 Motor vehicles $'000 Assets under construction $'000 Total $'000 Year ended 30 June 2019 Cost 25,040 27,670 14,118 4,589 9,326 80,743 Accumulated depreciation and impairment (14,334) (11,989) (9,014) (3,784) - (39,121) Net book amount 10,706 15,681 5,104 805 9,326 41,622 Movements Opening net book amount 12,663 13,548 4,132 1,013 4,061 35,417 Additions 667 4,344 1,742 293 9,338 16,384 Disposals - (632) - - - (632) Transfers 117 3,178 756 22 (4,073) - Depreciation charge (2,741) (4,288) (1,493) (475) - (8,997) Disposal of subsidiary - (469) (33) (48) - (550) Closing net book amount 10,706 15,681 5,104 805 9,326 41,622 Year ended 30 June 2018 Cost 24,257 62,710 12,483 5,583 4,061 109,094 Accumulated depreciation and impairment (11,594) (49,162) (8,351) (4,570) - (73,677) Net book amount 12,663 13,548 4,132 1,013 4,061 35,417 Movements Opening net book amount 14,622 20,301 3,783 2,227 3,989 44,922 Additions 1,202 8,714 1,951 911 7,847 20,625 Disposals - (52) - (16) - (68) Transfers 1,262 1,868 269 153 (3,552) - Depreciation charge (2,851) (8,521) (1,617) (1,151) - (14,140) Disposal of subsidiary (1,572) (8,762) (254) (1,111) (4,223) (15,922) Closing net book amount 12,663 13,548 4,132 1,013 4,061 35,417 (a) Non-current assets pledged as security Refer to note 16 for information on non-current assets pledged as security by the Group. Independence Group NL 26 IGO ANNUAL REPORT 2019 — 89