63 2022 ANNUAL REPORT Notes to the CONSOLIDATED FINANCIAL STATEMENTS for the year ended 30 June 2022 (cont.) 10 PROPERTY, PLANT AND EQUIPMENT (cont.) Land and buildings Plant and equipment Fixtures and fittings Right of use assets Assets under construction Total $’000 $’000 $’000 $’000 $’000 $’000 Accumulated depreciation Balance at 1 July 2021 (5,830) (31,082) (223) (15,407) - (52,542) Depreciation for the year (c) (1,677) (18,204) (65) (9,171) - (29,117) Disposals - - - - - - Balance at 30 June 2022 (7,507) (49,286) (288) (24,578) - (81,659) Balance at 1 July 2020 (6,475) (73,739) (1,802) (9,518) - (91,534) Depreciation for the year (1,600) (7,387) (55) (5,995) - (15,037) Disposals - 453 - 71 - 524 Transfer to assets held for sale 2,245 49,591 1,634 35 - 53,505 Balance at 30 June 2021 (5,830) (31,082) (223) (15,407) - (52,542) Carrying amounts At 1 July 2020 6,789 64,748 212 11,562 7,206 90,517 At 30 June 2021 4,818 17,820 146 11,749 102,281 136,814 At 30 June 2022 27,663 166,689 389 102,061 6,575 303,378 (a) During the year ended 30 June 2022 additions included construction of the KOTH processing plant and the completion of the accommodation facility and administration blocks at the site. It also included new leased assets, sustaining capital and tailing storage facility improvements. (b) Disposals in the prior year relate to old mobile machinery sold during FY21. (c) With the Darlot underground transitioning to a satellite mine to provide ore to KOTH, and the Darlot process plant being placed into care and maintenance in July 2022, accelerated depreciation of $9.953 million was recognised in FY22. 11 MINE PROPERTIES Mine development Asset retirement obligation Mineral rights Total Cost $’000 $’000 $’000 $’000 Balance at 1 July 2021 58,944 22,965 30,717 112,626 Additions 82,729 - - 82,729 Transfer from assets under construction 2,693 - - 2,693 Rehabilitation change in estimate (refer to note 16) - (3,859) - (3,859) Balance at 30 June 2022 144,366 19,106 30,717 194,189 Balance at 1 July 2020 235,525 11,328 30,717 277,570 Additions 10,050 - - 10,050 Transfer from exploration and evaluation (refer to note 12) 2,805 - - 2,805 Rehabilitation change in estimate (refer to note 16) - 13,796 - 13,796 Transfer to assets held for sale (189,436) (2,159) - (191,595) Balance at 30 June 2021 58,944 22,965 30,717 112,626
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