McConnell Dowell Group Annual Review 2021 71 Consolidated 9. (b) Right of use assets Note Land and buildings Owned plant, equipment and vehicles Total 2021 All figures are in A$000's Cost 2021 At 30 June 2020 25,485 9,643 35,128 Foreign exchange movements (334) (701) (1,035) Additions 3,715 6,208 9,923 Disposals (1,657) (9,658) (11,315) At 30 June 2021 27,209 5,492 32,701 Accumulated depreciation 2021 At 30 June 2020 5,988 6,719 12,707 Foreign exchange movements (84) (597) (681) Charge for period 7,193 6,240 13,433 Disposals (1,620) (9,664) (11,284) At 30 June 2021 11,477 2,698 14,175 Net book value at 30 June 2021 15,732 2,794 18,526 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 2020 At 30 June 2019 - - - 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 Asset held for sale is represented by the Rayong Yard in Thailand, it comprises freehold land, buildings and plant & equipment. This facility was developed by MCD primarily for fabrication activities and was identified by the Directors as no longer required. An agent was apppointed to lead the sale. As at 25 June 2021, a contract of sale has been executed with a third party and a deposit for an agreed sale consideration is held by MCD. Settlement and the control of the asset is expected to occur three months after contract signing date.
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