20. PROPERTY, PLANT & EQUIPMENT (NON-CURRENT) 2011 2010 Plant and equipment At cost 20,881,245  21,671,323  Accumulated depreciation (11,321,898)  (8,528,076) Net carrying amount 9,559,347  13,143,247  Land and buildings At cost 5,550,576  5,112,001  Accumulated depreciation (731,324) (481,803) Net carrying amount 4,819,252  4,630,198  Capital work in progress at cost 683,835  877,931  Total property, plant and equipment 15,062,434  18,651,376  Movement in property, plant and equipment Plant and equipment At 1 July net of accumulated depreciation 13,143,247  31,206,574  Additions 940,526  1,519,203  Disposals - other (657,991) (56,603) Disposals (refer to note 38) - (13,006,909) Depreciation charge for the year (3,866,435) (6,519,018) At 30 June net of accumulated depreciation 9,559,347  13,143,247  Land and buildings At 1 July net of accumulated depreciation 4,630,198  9,113,457  Additions 444,832  134,314  Disposals - other (4,414) - Disposals (refer to note 38) - (4,224,784) Depreciation charge for the year (251,364) (392,789) At 30 June net of accumulated depreciation 4,819,252  4,630,198  Capital work in progress At 1 July net of accumulated depreciation 877,931  303,052  Additions 2,252,369  2,700,248  Disposals (refer to note 38) - (342,524) Transfer to mine properties & development (1,061,107) (129,328) Transfer to plant and equipment (940,526) (1,519,203) Transfer to land and buildings (444,832) (134,314) At 30 June 683,835  877,931  The carrying value of plant and equipment held under finance leases and hire purchase contracts at 30 June 2011 is $2,827,596  (2010: $4,485,166). Value of plant and equipment purchased under finance leases and hire purchase contracts for 30 June 2011  financial year is nil (2010: Nil). Leased assets and assets under hire purchase contracts are pledged as security for the related finance lease and hire purchase  lease liabilities (refer to notes 25 and 28). 91  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2011