30 June 2014 Notes to the Financial Statements Reconciliations Reconciliations of the written down values at the beginning and end of the current and previous financial year are  set out below: Consolidated Land Building Plant &  equipment financed Plant &  equipment Tracked  plant &  equipment Total $’000 $’000 $’000 $’000 $’000 $’000 Balance at 1 July 2012 - 123  90,828  490,146  3,051  584,148  Additions 13,319  10,022  30,369  365,237  - 418,947  Disposals - - - (1,476) - (1,476) Transfers in/(out) - - - 2,171  - 2,171  Depreciation expense - (133) (15,762) (82,650) (234) (98,779) Balance at 30 June 2013 13,319  10,012  105,435  773,428  2,817  905,011  Additions - 17,427  -  131,311 206  148,944  Disposals - - (6,179) (253,129) - (259,308) Transfers in/(out) - - (81,061) 81,061 - -  Depreciation expense - (2,781) (4,575) (126,141) (233) (133,730) Balance at 30 June 2014 13,319  24,658  13,620  606,530  2,790  660,917  Property, plant and equipment secured under finance leases Refer to note 39 for further information on property, plant and equipment secured under finance leases. The carrying amounts of the assets disclosed above includes $48,513,000 (2013:$182,584,000) recognised in  relation to plant and equipment in the course of construction. NOTE 17. NON-CURRENT ASSETS - INTANGIBLES Assets in the course of construction Consolidated 30 June 2014 $’000 30 June 2013 $’000 Goodwill - cost 10,235  10,235  Patents - cost 15,910  10,984  Less: Accumulated amortisation (3,295) -  12,615  10,984  Port access - cost 48,558  48,703  Less: Accumulated amortisation (9,881) (2,752) 38,677  45,951  Operating lease - cost 7,038  7,038  Less: Accumulated amortisation (2,112) (1,408) 4,926  5,630  Software - cost 344  66  Less: Accumulated amortisation (96) (17) 248  49  66,701  72,849  74 Mineral Resources Limited Annual Report 2014 Notes to the  Financial  Statements For personal use only