Notes to the annual financial statements

FOR THE YEAR ENDED 31 MARCH 2009

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2.   property, plant and equipment                
    Land   Machinery        
    and   and        Office      
    buildings   equipment   Vehicles   equipment   Total  
    R million   R million   R million   R million   R million  
  Carrying value at 1 April 2007  791   1 353   265   32   2 441  
     Cost   1 199   2 581   429   47   4 256  
     Accumulated depreciation   (408)  (1 228)  (164)  (15)  (1 815) 
  Additions 225   187   49   3   464  
  Disposals (5)  (2)  (6)  (1)  (14) 
  Depreciation (30)  (188)  (31)  (2)  (251) 
  Businesses acquired –   1   –   –   1  
  Transfer to assets held for sale (40)  (19)  (12)  –   (71) 
  Other (45)  40   2   1   (2) 
  Carrying value at 31 March 2008 896   1 372   267   33   2 568  
     Cost 1 320   2 740   421   51   4 532  
     Accumulated depreciation (424)  (1 368)  (154)  (18)  (1 964) 
  Additions 113   263   83   4   463  
  Disposals (2)  (2)  (7)  –   (11) 
  Depreciation (34)  (203)  (31)  (3)  (271) 
  Businesses acquired –   –   7   –   7  
  Other (56)  56   –   –   –  
  Carrying value at 31 March 2009   917   1 486   319   34   2 756  
Spacer   Spacer   Spacer   Spacer   Spacer   Spacer   Spacer  
     Cost 1 377   3 015   489   53   4 934  
     Accumulated depreciation (460)  (1 529)  (170)  (19)  (2 178) 
             
          2009   2008  
  Depreciation rates are as follows:       %      %  
  Buildings       0 – 50   0 – 50  
  Machinery and equipment       3⅓ – 100   3⅓ – 100  
  Vehicles       4 – 33⅓   4 – 33⅓  
  Office equipment       5 – 33⅓   5 – 33⅓  
             
  Liabilities resulting from mortgage loans, finance leases and instalment sale agreements are secured by assets with a book value of R4 million (2008: R3 million).

The registers containing details of land and buildings are available for inspection by members or their proxies at the registered offices of the companies to which the relevant properties belong.