183 / 220
/
181
BLUE LABEL
INTEGRATED ANNUAL REPORT 2017
Computer
equipment
R’000
Furniture
and
fittings
R’000
Motor
vehicles
R’000
Office
equipment
R’000
Leasehold
improve-
ments
R’000
Total
R’000
3.
Property and equipment
Year ended 31 May 2017
Opening carrying amount
160
88
729
64
4 277
5 318
Additions
60
115
842
17
975
2 009
Disposals
— — (690)
— — (690)
Depreciation charge
(92)
(41)
(152)
(35)
(4 442)
(4 762)
Closing carrying amount
128
162
729
46
810
1 875
At 31 May 2017
Cost
1 167
2 237
1 255
2 449
39 980
47 088
Accumulated depreciation
(1 039)
(2 075)
(526)
(2 403)
(39 170)
(45 213)
Carrying amount
128
162
729
46
810
1 875
Year ended 31 May 2016
Opening carrying amount
161
214
453
94
9 989
10 911
Additions
107
40
704
2
— 853
Disposals
(15)
— (241)
— — (256)
Depreciation charge
(93)
(166)
(187)
(32)
(5 712)
(6 190)
Closing carrying amount
160
88
729
64
4 277
5 318
At 31 May 2016
Cost
1 107
2 123
1 277
2 431
39 008
45 946
Accumulated depreciation
(947)
(2 035)
(548)
(2 367)
(34 731)
(40 628)
Carrying amount
160
88
729
64
4 277
5 318
There are no property and equipment assets that are encumbered.
Notes
to the Company annual financial statements
continued
For the year ended 31 May 2017