Notes to the Financial Statements

For the year ended 30 June 2004

	COST $'000	2004 ACCUM. DEPR. $'000	CARRYING AMOUNT $'000	COST $'000	2003 ACCUM. DEPR. $'000	CARRYING AMOUNT $'000
Maritime infrastructure
Wharves and facilities	59,142	30,385	28,757	57,865	28,834	29,031
Breakwaters and groynes	45,723	13,161	32,562	45,723	12,704	33,019
Channel development and facilities	40,304	9,518	30,786	40,304	9,115	31,189
Service facilities	36,351	21,738	14,613	36,217	20,245	15,972
Navigational aids	17,907	9,303	8,604	17,907	8,777	9,130
Total maritime infrastructure	199,427	84,105	115,322	198,016	79,675	118,341
Public transport infrastructure
Bus stations	-	-	-	50,753	13,402	37,351
Bus infrastructure	-	-	-	9,336	2,780	6,556
Total public transport infrastructure	-	-	-	60,089	16,182	43,907
Total infrastructure	199,427	84,105	115,322	258,105	95,857	162,248

"Accum. depr." denotes Accumulated depreciation.

Reconciliations of the carrying amounts of infrastructure at the beginning and end of the current financial year are set out below.

	CARRYING AMOUNT AT START OF YEAR $'000	ADDTS. $'000	REVAL. $'000	DISP. $'000	TRFRS. $'000	DEPR. $'000	CARRYING AMOUNT AT END OF YEAR $'000
Maritime infrastructure
Wharves and facilities	29,031	1,273	-	-	-	(1,547)	28,757
Breakwaters and groynes	33,019	-	-	-	-	(457)	32,562
Channel development and facilities	31,189	-	-	-	-	(403)	30,786
Service Facilities	15,972	134	-	-	-	(1,493)	14,613
Navigation aids	9,130	-	-	-	-	(526)	8,604
Total maritime infrastructure	118,341	1,407	-	-	-	(4,426)	115,322
Public transport infrastructure
Bus stations	37,351	-	7,206	-	(44,557)	-	-
Bus infrastructure	6,556	-	-	-	(6,556)	-	-
Total public infrastructure	43,907	-	7,206	-	(51,113)	-	-
Total infrastructure	162,248	1,407	7,206	-	(51,113)	(4,426)	115,322