NOTES TO THE FINANCIAL STATEMENTS  for the year ended 30 June 2001 (c) Note on valuation of property The carrying amount of Land and Buildings are reviewed annually by the Directors. If the carrying amount of an item of the Land and Buildings exceeds its recoverable amount, the asset is written down to the lesser amount. An independent valuation was performed by P Donovan (A.A.P.I. Registered valuer No. 3028) of Ponton Valuations Pty Limited on 25th August 1999. The independent valuation for Land and Building was based upon “market value, existing use”. 7 Non-Current Assets - Other Financial Assets Market value of listed investments Shares in other related party 6,469,885 - 6,469,885  - Shares in other listed corporations 174,177  307,108  174,177 307,108 Unlisted investments at cost Shares in controlled entities - - 100,957  100,957 Shares in other corporations 1,984,365 1,660,138  1,954,365 1,630,138 8,628,427 1,967,246  8,699,384 2,038,203  8 Non-Current Assets - Property,  Plant and Equipment (a) Composition Land - at Directors' valuation - 2000 -  2,100,000  - 2,100,000  Land - at Directors' valuation - 2001 2,100,000 - 2,100,000 - Building - at Directors' valuation - 2000 - 2,214,128  - 2,214,128 Building - at Directors' valuation - 2001 2,214,128 - 2,214,128 - Accumulated depreciation (234,663) (212,314)  (234,663) (212,314)  4,079,465 4,101,814  4,079,465 4,101,814  Furniture, fittings & office machines - at cost 2,108,788 1,862,965  2,108,788 1,862,965 Accumulated depreciation (1,746,280) (1,435,666)  (1,746,280) (1,435,666) 362,508 427,299  362,508 427,299 EFTPOS Equipment at cost 22,902,391 18,291,987  22,902,391 18,291,987  Accumulated depreciation (8,397,217) (5,877,363) (8,397,217) (5,877,363)  14,505,174 12,414,624  14,505,174 12,414,624  18,947,147 16,943,737  18,947,147 16,943,737  Economic Entity Parent Entity 2001 2000 2001 2000 $ $ $ $ Furniture,  Fittings &  Land & office Eftpos Building machines Equipment Total $ $ $ $ (b) Movement in carrying amounts - all in Parent Entity Balance at the beginning of the year 4,101,814  427,299  12,414,624 16,943,737  Additions - 245,823  4,610,404  4,856,227 Depreciation expense (22,349) (310,614) (2,519,854) (2,852,817) Carrying amount at the end of the year 4,079,465  362,508  14,505,174  18,947,147  CABCHARGE AUSTRALIA LIMITED  AND CONTROLLED ENTITIES 24 ABN 99 001 958 390