Notes to the annual financial statements
for the period ended 30 June 2011




      Land and
buildings
R million 
Lease
hold
improve-
ments
R million 
Furniture,
fittings
and
equipment
R million 
Motor
vehicles
R million 
Total
R million 

1.

Property and equipment

         
  Predecessor value  67  98  170 
  Additions  42  18  –  63 
  Disposals  –  (1) –  –  (1)
  Depreciation charge (note 27) (1) –  (20) –  (21)
  Net book value at the end of the period  108  6  96  1  211 
  At 30 June 2011           
  Cost  121  362  490 
  Accumulated depreciation  (13) –  (266) –  (279)
  Net book value at the end of the period  108  6  96  1  211 

Land and buildings comprise Erf 1478, 1479, Zwartkop Ext 7, Centurion. The property was subject to a finance lease up to May 2011 when ownership passed to the group.

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