| |
| |
2020 |
2019 |
| Figures in Rand thousand |
Cost |
Accumulated
depreciation
and
impairments |
Carrying
value |
Cost |
Accumulated
depreciation
and
impairments |
Carrying
value |
| Land and buildings* |
503 823 |
(136 433) |
367 390 |
119 872 |
(8 124) |
111 748 |
| Furniture and fixtures |
145 305 |
(78 438) |
66 867 |
104 640 |
(52 327) |
52 313 |
| Motor vehicles* |
83 657 |
(54 813) |
28 844 |
92 442 |
(38 686) |
53 756 |
| Office equipment |
101 503 |
(77 338) |
24 165 |
119 764 |
(84 540) |
35 224 |
| IT equipment* |
783 925 |
(585 209) |
198 716 |
733 580 |
(438 329) |
295 251 |
| Leasehold improvements |
162 400 |
(100 844) |
61 556 |
186 774 |
(124 937) |
61 837 |
| Other equipment* |
143 836 |
(101 710) |
42 126 |
143 973 |
(55 203) |
88 770 |
| Closing balance before assets held for sale |
1 924 449 |
(1 134 785) |
789 664 |
1 501 045 |
(802 146) |
698 899 |
| Assets held for sale (note 14) |
(491 605) |
246 787 |
(244 818) |
(379 546) |
162 321 |
(217 225) |
| Closing balance |
1 432 844 |
(887 998) |
544 846 |
1 121 499 |
(639 825) |
481 674 |
| * |
Included in land and buildings is right-of-use assets, with a carrying amount of R276 million. These are for leases that were previously classified as operating leases. Motor vehicles,
IT equipment and other equipment includes right-of-use assets that were previously recognised as finance leases (refer to note 21). |
Reconciliation of property, plant and equipment
| Figures in Rand thousand |
Opening
balance |
Additions |
Adoption
of
IFRS 16
on
1 August
2019 |
Dis-
posals |
Trans-
fers |
Foreign
currency
trans-
lation |
Depre-
ciation |
Impair-
ment |
Disposals
of
business |
Total
including
assets
held
for
sale |
Assets
held for
sale
(note 14) |
Total |
| 2020 |
|
|
|
|
|
|
|
|
|
|
| |
| Land and buildings* |
111 748 |
70 099 |
367 396 |
(11 473) |
– |
7 593 |
(149 526) |
| (28 447) |
367 390 |
(148 446) |
218 944 |
| Furniture and fixtures |
52 313 |
39 290 |
– |
(7 827) |
397 |
875 |
(16 407) |
| (1 774) |
66 867 |
(9 466) |
57 401 |
| Motor vehicles* |
53 756 |
– |
– |
(797) |
(276) |
(3 788) |
(9 833) |
| (10 218) |
28 844 |
(17 942) |
10 902 |
| Office equipment |
35 224 |
1 452 |
– |
(821) |
(38) |
(1 381) |
(9 871) |
| (400) |
24 165 |
(9 235) |
14 930 |
| IT equipment* |
295 251 |
59 148 |
– |
(42 636) |
752 |
1 041 |
(109 303) |
| (5 537) |
198 716 |
(19 643) |
179 073 |
| Leasehold improvements |
61 837 |
35 426 |
– |
(7 217) |
(1) |
44 |
(28 522) |
| (11) |
61 556 |
(5 184) |
56 372 |
| Other equipment* |
88 770 |
4 093 |
– |
(1 298) |
(834) |
(9 433) |
(12 463) |
(1 601) |
(25 108) |
42 126 |
(34 902) |
7 224 |
|
| 698 899 |
209 508 |
367 396 |
(72 069) |
– |
(5 049) |
(335 925) |
(1 601) |
(71 495) |
789 664 |
(244 818) |
544 846 |
| * |
Included in land and buildings is right-of-use assets, with a carrying amount of R276 million. These are for leases that were previously classified as operating leases. Motor vehicles,
IT equipment and other equipment includes right-of-use assets that were previously recognised as finance leases (refer to note 21). |
| Figures in Rand thousand |
Opening
balance |
Additions |
Additions
through
business
combi-
nations |
Disposals |
Transfers |
Foreign
currency
trans-lation |
Depre-
ciation |
Disposals
of
business |
Total
including
assets
held for
sale |
Assets
held for
sale
(note 14) |
Total |
| 2019 |
|
|
|
|
|
|
|
|
|
|
|
| Land and buildings |
112 497 |
663 |
4 053 |
– |
– |
– |
(1 411) |
(4 054) |
111 748 |
(60 253) |
51 495 |
| Furniture and fixtures |
65 639 |
10 371 |
304 |
(6 755) |
822 |
(12) |
(16 631) |
(1 425) |
52 313 |
(9 360) |
42 953 |
| Motor vehicles* |
61 527 |
13 548 |
447 |
(5 062) |
– |
2 |
(16 259) |
(447) |
53 756 |
(14 717) |
39 039 |
| Office equipment |
45 618 |
13 718 |
– |
(7 549) |
234 |
(43) |
(16 754) |
– |
35 224 |
(5 109) |
30 115 |
| IT equipment* |
324 571 |
106 012 |
3 376 |
(5 381) |
(599) |
(1 447) |
(112 497) |
(18 784) |
295 251 |
(97 027) |
198 224 |
| Leasehold improvements |
49 700 |
46 650 |
– |
(11 259) |
– |
(4) |
(21 454) |
(1 796) |
61 837 |
(2 171) |
59 666 |
| Other equipment* |
83 431 |
35 306 |
– |
(10 125) |
(457) |
457 |
(19 842) |
– |
88 770 |
(28 588) |
60 182 |
|
| 742 983 |
226 268 |
8 180 |
(46 131) |
– |
(1 047) |
(204 848) |
(26 506) |
698 899 |
(217 225) |
481 674 |
| * |
Included in these categories are finance leases. |
Refer to note 20 for details of the security provided on the loans secured through Security SPV.
The loss or gain on disposal of items of property, plant and equipment is included in operating expenses as per note 26.
Technical equipment of R36 million was reclassified to other equipment, in the current year, with the prior year also being updated. |