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Integrated Report 2016
ANNUAL FINANCIAL STATEMENTS
(continued)
SIX
THREE
ONE
FOUR
TWO
10. PROPERTY, PLANT AND EQUIPMENT
(continued)
Freehold
land and
buildings
R'000
Leasehold
improve-
ments
R'000
Plant,
equipment
and vehicles
R'000
Computer
equipment
R'000
Furniture
and
fittings
R'000
Work in
progress
R'000
Total
R'000
2015
Carrying value at beginning of
the year
Cost
847 098
102 417
872 294
172 767
38 697
65 526 2 098 799
Accumulated depreciation
(74 313)
(41 107)
(281 288)
(126 948)
(20 723)
– (544 379)
Net book value at beginning of
the year
772 785
61 310
591 006
45 819
17 974
65 526 1 554 420
Current year movements – cost
Additions
231
–
29 527
18 841
4 766
26 499
79 864
Transfer
36 886
1 188
2 582
4 640
12 591
(57 887)
–
Exchange rate adjustments
1 401
292
1 002
947
430
–
4 072
Disposal of business (note 1.1)
–
–
(6)
(229)
(14)
–
(249)
Disposals
–
(4 169)
(11 988)
(379)
(637)
–
(17 173)
Cost movement for current year
38 518
(2 689)
21 117
23 820
17 136
(31 388)
66 514
Current year movements –
accumulated depreciation
Depreciation*
(18 701)
(9 662)
(69 822)
(30 134)
(7 407)
– (135 726)
Exchange rate adjustments
(346)
(86)
(309)
(569)
(230)
(1 540)
Disposal of business (note 1.1)
–
–
3
103
5
–
111
Impairment
(1)
(3 542)
(645)
(3 203)
–
(7 390)
Disposals
–
2 401
11 547
340
151
–
14 439
Accumulated depreciation
movement for current year
(19 047)
(7 347)
(62 123)
(30 905)
(10 684)
– (130 106)
Carrying value at end of year
Cost
885 616
99 728
893 411
196 587
55 833
34 138 2 165 313
Accumulated depreciation
(93 360)
(48 454)
(343 411)
(157 853)
(31 407)
– (674 485)
Net book value at end of year
792 256
51 274
550 000
38 734
24 426
34 138 1 490 828
(1)
Refer to Annexure G on impairments.
Property, plant and equipment with a carrying value of R35.6 million in Datlabs and R17.1 million in Ghana have been pledged as
security for the bank overdraft of the Zimbabwean operation and the bank overdraft and short-term borrowings of the Ghanaian
operation. Refer to notes 17 and 21.
*Depreciation split as follows:
18 701
9 662
69 822
30 134
7 407
–
135 726
Continuing operations
18 496
8 964
68 733
24 600
4 858
125 651
Discontinued operations
205
698
1 089
5 534
2 549
10 075