Capitalisation Performance - Assets Under Construction $m

As at June 2009, the project has rolled out assets to the value of $l,140m including provisional acceptance of the four upgraded FFGs, six ship sets of equipment (including for the two ships withdrawn from the upgrade program), Operator and Team Trainers, Underwater Warfare System Data Recorder, Warfare System Support Centre and upgraded software. In a prior year the project experienced an asset impairment totalling $30.4m.34




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34  No AUC reconciliation available for June 2006, therefore an average was used in the graph.