PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jun. 30, 2024

Notes and other explanatory information [abstract]

PROPERTY, PLANT AND EQUIPMENT

14. PROPERTY, PLANT AND EQUIPMENT

	2024 A$			2023 A$
Laboratory equipment, at cost		973,778			975,619
Less: cost written-off during the year		-			(8,243	)
Add: additions during the year		21,976			6,402
Less: accumulated depreciation		(973,593	)		(941,545	)
Add: accumulated depreciation written-off during the year		-			8,243
Net laboratory equipment		22,161			40,476
Computer equipment, at cost		289,265			292,817
Less: cost written-off during the year		(8,490	)		(3,099	)
Less: cost transferred		-			(11,603	)
Add: additions during the year		10,639			11,150
Less: accumulated depreciation		(270,821	)		(261,580	)
Add: accumulated depreciation transferred		-			11,897
Add: accumulated depreciation written-off during the year		8,490			3,099
Net computer equipment		29,083			42,681
Office equipment, at cost		30,312			18,709
Less: cost written-off during the year		-			-
Add: cost transferred		-			11,603
Add: additions during the year		352
Less: accumulated depreciation		(29,213	)		(11,949	)
Less: accumulated depreciation transferred		-			(11,897	)
Add: accumulated depreciation written-off during the year		-			-
Net office equipment		1,451			6,466
Total net property, plant and equipment		52,695			89,623
Reconciliation of property, plant and equipment
Opening gross carrying amount		1,290,605			1,284,395
Add: additions purchased during the year		32,967			17,552
Less: cost written-off during the year		(8,490	)		(11,342	)
Closing gross carrying amount		1,315,082			1,290,605
Opening accumulated depreciation and impairment losses		(1,200,982	)		(978,220	)
Add: accumulated depreciation written-off during the year		8,490			11,342
Less: cost written-off during the year		(76,699	)		(234,697	)
Add: foreign currency translation		6,804			593
Closing accumulated depreciation and impairment losses		(1,262,387	)		(1,200,982	)
Total net property, plant and equipment		52,695			89,623

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (cont.)

14. PROPERTY, PLANT AND EQUIPMENT (cont.)

Reconciliation of movements in property, plant and equipment by asset category for the year ended June 30, 2024

Asset category	Opening net carrying Amount A$		Additions during year A$		Transfer during year A$		Depreciation expense A$			Foreign currency translation A$			Closing net carrying amount A$
Laboratory equipment		40,476		21,976		-		(40,290	)		(1	)		22,161
Computer equipment		42,681		10,639		-		(30,990	)		6,753			29,083
Office equipment		6,466		352		-		(5,419	)		52			1,451
Totals		89,623		32,697		-		(76,699	)		6,804			52,695

Reconciliation of movements in property, plant and equipment by asset category for the year ended June 30, 2023

Asset category	Opening net carrying Amount A$		Additions during year A$		Transfer during year A$			Depreciation expense A$			Foreign currency translation A$			Closing net carrying amount A$
Laboratory equipment		231,004		6,402		-			(196,928	)		(2	)		40,476
Computer equipment		62,631		11,150		294			(31,394	)		-			42,681
Office equipment		12,540		-		(294	)		(6,375	)		595			6,466
Totals		306,175		17,552		-			(234,697	)		593			89,623