Notes to the annual financial statements
FOR THE YEAR ENDED 31 MARCH 2010
| « Note 1 | Note 3 » |
2. |
property, plant and equipment |
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| Land and buildings R million |
Machinery and equipment R million |
Vehicles R million |
Office equipment R million |
Total R million |
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| Carrying value at 1 April 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 | |
| Transfers and other | (56) | 56 | – | – | – | |
| Carrying value at 31 March 2009 | 917 | 1 486 | 319 | 34 | 2 756 | |
| Cost | 1 377 | 3 015 | 489 | 53 | 4 934 | |
| Accumulated depreciation | (460) | (1 529) | (170) | (19) | (2 178) | |
| Additions | 126 | 228 | 66 | 4 | 424 | |
| Disposals | (6) | (18) | (6) | – | (30) | |
| Depreciation | (40) | (213) | (34) | (3) | (290) | |
| Businesses acquired | 45 | 148 | 4 | 1 | 198 | |
| Transfers and other | (51) | 46 | – | (3) | (8) | |
| Carrying value at 31 March 2010 | 991 | 1 677 | 349 | 33 | 3 050 | |
| Cost | 1 483 | 3 381 | 532 | 47 | 5 443 | |
| Accumulated depreciation | (492) | (1 704) | (183) | (14) | (2 393) | |
| Depreciation rates are as follows: | 2010 % |
2009 % |
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| 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 R2 million (2009: R4 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.