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Forest NSW Annual Report 2012

Forests NSW Consolidated Annual Financial Reports Year ended 30 June 2012 ABN 43 141 857 613 Notes to and forming part of the financial statements For the year ended 30 June 2012 Note 12: Biological Assets Economic Economic Statutory Statutory Entity Entity Corporation Corporation 2012 2011 2012 2011 $'000 $'000 $'000 $'000 Current           Biological assets at fair value   54 509 68 414 54 509 68 414             Non-Current           Biological assets at fair value   679 815 682 214 679 815 682 214             Total   734 324 750 628 734 324 750 628 Sensitivity of Fair Value of Softwood Plantations to changes in significant assumptions used in the valuation modelling process Change  Current Non-Current Current Non-Current 2012 2012 2011 2011 Discount Rate (Weighted Average Costs + 1 % (249) (62 434) (310) (56 725) of Capital) - 1 % 253 73 196 314 65 920 + 5 % 9290 91 157 5656 48 586 Expected future sales values - 5 % (9290) (91 157) (5656) (48 586) + 5 % (6565) (57 166) (2235) (14 475) Expected future costs - 5 % 6565 57 166 2235 14 475 + 5 % 4886 48 679 N/A N/A Expected future changes in volume - 5 % (4886) (48 679) N/A N/A 72 Forests NSW Annual Report 2011–12 Social, Environmental and Economic Performance


Forest NSW Annual Report 2012
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