| NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 4 |
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| |
|
|
Computer
equipment
R’000 |
Furniture
and fittings
R’000 |
Motor
vehicles
R’000 |
Office
equipment
R’000 |
Leasehold
improvements
R’000 |
Terminals
and vending
machines
R’000 |
Media
equipment
R’000 |
Plant and
machinery
R’000 |
Buildings
R’000 |
Total
R’000 |
|
| 4. |
PROPERTY, PLANT AND EQUIPMENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended 31 May 2014 |
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|
|
|
|
|
|
|
|
|
|
|
|
Opening carrying amount |
|
13 772 |
3 157 |
7 509 |
1 202 |
23 606 |
36 891 |
114 |
42 |
1 832 |
88 125 |
|
|
Additions |
|
11 755 |
438 |
2 558 |
518 |
710 |
26 396 |
— |
813 |
3 123 |
46 311 |
|
|
Acquisition of subsidiary |
|
503 |
116 |
— |
108 |
— |
— |
— |
— |
— |
727 |
|
|
Disposals |
|
(337) |
(18) |
(226) |
(42) |
— |
(235) |
— |
— |
— |
(858) |
|
|
Depreciation charge |
|
(9 114) |
(1 337) |
(2 499) |
(753) |
(6 869) |
(16 339) |
(8) |
(57) |
— |
(36 976) |
|
|
Impairment charges* |
|
(18) |
(111) |
— |
— |
— |
— |
— |
— |
— |
(129) |
|
|
Closing carrying amount |
|
16 561 |
2 245 |
7 342 |
1 033 |
17 447 |
46 713 |
106 |
798 |
4 955 |
97 200 |
|
|
At 31 May 2014 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost |
|
54 808 |
9 551 |
13 492 |
7 014 |
47 584 |
112 793 |
114 |
864 |
4 955 |
251 175 |
|
|
Accumulated depreciation |
|
(38 077) |
(6 602) |
(6 150) |
(5 561) |
(29 699) |
(61 493) |
(8) |
(66) |
— |
(147 656) |
|
|
Accumulated impairments |
|
(170) |
(704) |
— |
(420) |
(438) |
(4 587) |
— |
— |
— |
(6 319) |
|
|
Carrying amount |
|
16 561 |
2 245 |
7 342 |
1 033 |
17 447 |
46 713 |
106 |
798 |
4 955 |
97 200 |
|
|
Year ended 31 May 2013 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Opening carrying amount |
|
11 184 |
4 588 |
7 154 |
2 453 |
31 052 |
53 767 |
114 |
44 |
1 832 |
112 188 |
|
|
Additions |
|
10 616 |
344 |
4 608 |
245 |
652 |
2 968 |
— |
31 |
— |
19 464 |
|
|
Acquisition of subsidiary |
|
132 |
23 |
9 |
— |
— |
414 |
— |
— |
— |
578 |
|
|
Disposals |
|
(338) |
(385) |
(2 033) |
(103) |
(45) |
(852) |
— |
(30) |
— |
(3 786) |
|
|
Depreciation charge |
|
(7 822) |
(1 413) |
(2 229) |
(1 393) |
(7 615) |
(16 436) |
— |
(3) |
— |
(36 911) |
|
|
Impairment charges** |
|
— |
— |
— |
— |
(438) |
(2 970) |
— |
— |
–— |
(3 408) |
|
|
Closing carrying amount |
|
13 772 |
3 157 |
7 509 |
1 202 |
23 606 |
36 891 |
114 |
42 |
1 832 |
88 125 |
|
|
At 31 May 2013 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost |
|
43 498 |
9 327 |
12 192 |
6 476 |
46 989 |
90 110 |
114 |
53 |
1 832 |
210 591 |
|
|
Accumulated depreciation |
|
(29 574) |
(5 577) |
(4 683) |
(4 854) |
(22 945) |
(48 632) |
— |
(11) |
— |
(116 276) |
|
|
Accumulated impairments |
|
(152) |
(593) |
— |
(420) |
(438) |
(4 587) |
— |
— |
— |
(6 190) |
|
|
Carrying amount |
|
13 772 |
3 157 |
7 509 |
1 202 |
23 606 |
36 891 |
114 |
42 |
1 832 |
88 125 |
|
| |
| * |
All impairment charges in the current year relate to Datacel Direct Proprietary Limited, the fixed assets of which were considered
not recoverable and scrapped at net book value. These impairment charges solely relate to the Solutions segment. |
| ** |
The impairment charges in the prior year mainly relate to the scrapping of terminals and vending machines. These terminals
were scrapped due to technological redundancy, non-locatable devices and uneconomical for repair. These were scrapped
at net book value. These impairment charges solely relate to the South African distribution segment. |
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| |
There are no property, plant and equipment assets that are encumbered.
The residual values of buildings are estimated to be higher than the carrying value and therefore there is no depreciation charge.
|
|
| NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 4 |
|
|