Investor Presentaiton

Department of Health Notes to the financial statements For the year ended on 30 June 2023 5.1.1 Depreciation and impairment charge for the period Depreciation Buildings Site infrastructure Leasehold improvement Computer equipment Furniture and fittings Other plant and equipment Total depreciation for the period As at 30 June 2023 there were no indications of impairment to property, plant and equipment or site infrastructure. All surplus assets at 30 June 2023 have either been classified as assets held for sale or have been written-off. Useful lives Notes 2023 2022 $'000 $'000 5.1 82 75 5.1 16 16 5.1 633 752 5.1 21 17 5.1 8 8 5.1 683 212 1,443 1,080 All infrastructure, property, plant and equipment that have a limited useful life are systematically depreciated over their estimated useful lives in a manner that reflects the consumption of their future economic benefits. The exceptions to this rule include assets held for sale, land and investment properties. Depreciation is generally calculated on a straight line basis at rates that allocate the asset's value, less any estimated residual value, over its estimated useful life. Typical estimated useful lives for the different asset classes for current and prior years are included in the table below: Asset Buildings Site infrastructure Leasehold Improvements Computer equipment Furniture and fittings Other plant and equipment Useful life: 50 years 50 years Life of lease 4 to 5 years 5 to 15 years 2 to 15 years The estimated useful lives, residual values and depreciation method are reviewed at the end of each annual reporting period, and adjustments are made where appropriate. Land and works of art, which are considered to have an indefinite life, are not depreciated. Depreciation is not recognised in respect of these assets because their service potential has not, in any material sense, been consumed during the reporting period. < 162 Contents About us Significant issues Report on operations Agency performance Operational disclosures Key performance indicators Financial disclosures and compliance • Appendix

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