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Whitehaven Coal Limited : Annual Report 2010
Whitehaven Coal Limited -- Annual Report 2010 87 NOTES TO THE FINANCIAL STATEMENTS 30 JUNE 2010 19. PROPERTY, PLANT AND EQUIPMENT (CONTINUED) Leased plant and machinery The consolidated entity leases mining equipment under a number of finance lease agreements. At 30 June 2010, the consolidated entity's net carrying amount of leased plant and machinery was $79,284,000 (2009: $57,759,000). The leased equipment is pledged as security for the related finance lease liabilities. 20. EXPLORATION AND EVALUAT ION Consolidated In thousands of AUD Cost Impairment losses Balance at 1 July 2008 1,774 -- Exploration and evaluation expenditure 2,064 -- Balance at 30 June 2009 3,838 -- Balance at 1 July 2009 3,838 -- Exploration and evaluation expenditure 1,506 -- Balance at 30 June 2010 5,344 -- Exploration and evaluation assets The recoverability of the carrying amounts of exploration and evaluation assets is dependent on the successful development and commercial exploitation or sale of the respective area of interest.
Annual Report 2009
Annual Report 2011