101 AGL Energy Limited Annual Report 2011 2010 Disposal of Hallett 4 Pty Ltd and Brown Hill North Pty Ltd Disposal of AGL Pipelines Investments Pty Limited Note 43 – Disposal of subsidiaries 2011 Disposal of Oaklands Hill Wind Farm Pty Ltd On 24 June 2011, the consolidated entity disposed of its 100% interest in Oaklands Hill Pty Ltd and on 27 June 2011, the consolidated  entity disposed of its 100% interest in Oaklands Hill Wind Farm Pty Ltd, the subsidiary that was constructing the 67.2 MW Oaklands Hill  Wind Farm in Victoria. The total proceeds on these disposals of $163.9 million was received in cash. On 30 September 2009, the consolidated entity disposed of its 100% interest in Hallett 4 Pty Ltd and on 1 October 2009, the  consolidated entity disposed of its 100% interest in Brown Hill North Pty Ltd, the subsidiary that was constructing the 132.3 MW Hallett 4  Wind Farm in South Australia. The total proceeds on these disposals of $157.1 million was received in cash. On 22 April 2010, the consolidated entity disposed of its 100% interest in AGL Pipelines Investments Pty Limited, the subsidiary that  owned the Berwyndale to Wallumbilla Pipeline in Queensland. The proceeds on disposal of $81.9 million were received in cash. The major classes of assets and liabilities disposed were as follows: 2011 2010 $m $m Assets Inventories  – 0.1 Property, plant and equipment  165.9 236.7 Liabilities Deferred tax liabilities  (2.0) (3.6) Net assets disposed 163.9 233.2 Consideration received Consideration received in cash  163.9 239.7 Costs directly attributable to the disposal paid  – (0.7) 163.9 239.0 Gain on disposal of subsidiaries Consideration received  163.9 239.0 Net assets disposed  (163.9) (233.2) – 5.8 Net cash inflow on disposal of subsidiaries Consideration received in cash  163.9 239.7 Costs directly attributable to the disposal paid  – (0.7) 163.9 239.0