McConnell Dowell 2020 Annual Review
78 McConnell Dowell Group All figures are in A$ 000’s Note Land and buildings Ownedplant, equipment and vehicles Capital work-in- progress Total 2020 9 (b) . Right of use assets Cost 2020 At 30 June 2019 - - - AASB 16 Adoption 19,474 7,968 27,442 Additions 6,277 1,843 8,120 Disposals (266) (168) (434) At 30 June 2020 25,485 9,643 35,128 Accumulated depreciation At 30 June 2019 - - - AASB 16 Adoption - - - Foreign exchange movements - (177) (177) Charge for period 6,250 7,064 13,314 Disposals (262) (168) (430) At 30 June 2020 5,988 6,719 12,707 Net book value at 30 June 2020 19,497 2,924 22,421 Consolidated Notes to the annual financial statements (continued) for the year ended 30 June 2020 Leased plant, equipment and vehicles are pledged as security for the related finance lease liability (see note 15). Consolidated Note 2020 2019 10. Investments in and loans to associates and others (a) Investment details Unlisted Investment in Dutco McConnell Dowell Middle East LLC - - Loan to Dutco McConnell Dowell Middle East LLC - - Net investment in and loans to associates and others - - Dutco McConnell Dowell Middle East LLC (DMDME) is an unlisted company based in Dubai in the United Arab Emirates. Subsidiaries of DMDME include McConnell Dowell Abu Dhabi LLC based in Abu Dhabi, Dutco McConnell Dowell Qatar LLC based in Qatar, Dutco McConnell Dowell Saudi Arabia LLC based in Saudi Arabia, Dutco McConnell Dowell Fabrication LLC based in Qatar and McConnell Dowell Gulf LLC based in Oman. The principal activities of the DMDME and its subsidiaries are civil, pipeline, mechanical, tunnelling & fabrication engineering and construction. The Group has a 50% share of DMDME and its subsidiaries.
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